About

Andrew Florance founded CoStar Group in 1987 and has served as its Chief Executive Officer since inception, leading the company from a start-up through its 1998 initial public offering to its position today as an S&P 500 and NASDAQ-100 company. He has identified, negotiated, and closed more than 40 acquisitions across 14 countries, building CoStar into a global provider of real estate data, analytics, online marketplaces, and 3D digital twin technology.

Roles

Costar Group, Inc.
Founder and Chief Executive Officer · Current role
1987–present

Fixed Compensation

FY 2025
Salary
$1,000,000
ComponentAnnual base salary
All other compensation
$688,154
Total compensation
$36,431,936

Performance Compensation

Data from FY 2025

Cash incentive

Annual cash incentive
$3,000,000
FormNon-Equity Incentive Plan Compensation

Stock awards

Stock awards
$28,318,400
FormPerformance-based RSAs and PSAs
Option awards
$3,425,382
FormStock options

Also at Costar Group, Inc.

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