CoStar Group Appoints New CFO, Director Departs
Ticker: CSGP · Form: 8-K · Filed: Jul 11, 2024 · CIK: 1057352
| Field | Detail |
|---|---|
| Company | Costar Group, Inc. (CSGP) |
| Form Type | 8-K |
| Filed Date | Jul 11, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $750,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, cfo-appointment, director-departure
Related Tickers: CSGP
TL;DR
CoStar just named a new CFO, Scott T. Smith, replacing Scott W. MacLeod. Director Robert P. McCord is out.
AI Summary
On July 8, 2024, CoStar Group, Inc. announced the appointment of Scott T. Smith as Chief Financial Officer, succeeding Scott W. MacLeod. Smith previously served as Executive Vice President, Finance and Strategy. The company also announced the departure of Director Robert P. McCord.
Why It Matters
A change in CFO can signal shifts in financial strategy or management focus, potentially impacting investor confidence and the company's financial reporting.
Risk Assessment
Risk Level: medium — Changes in key financial leadership roles can introduce uncertainty regarding future financial strategies and performance.
Key Players & Entities
- CoStar Group, Inc. (company) — Registrant
- Scott T. Smith (person) — Newly appointed Chief Financial Officer
- Scott W. MacLeod (person) — Departing Chief Financial Officer
- Robert P. McCord (person) — Departing Director
- July 8, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed as the new Chief Financial Officer of CoStar Group, Inc.?
Scott T. Smith has been appointed as the new Chief Financial Officer of CoStar Group, Inc.
Who did Scott T. Smith replace as CFO?
Scott T. Smith replaced Scott W. MacLeod as CFO.
What was Scott T. Smith's previous role at CoStar Group?
Scott T. Smith previously served as Executive Vice President, Finance and Strategy.
Has there been any director departure announced?
Yes, Director Robert P. McCord has departed.
On what date were these changes reported to be effective?
The earliest event reported was on July 8, 2024.
Filing Stats: 860 words · 3 min read · ~3 pages · Grade level 10.6 · Accepted 2024-07-11 16:09:34
Key Financial Figures
- $0.01 — ange on which registered Common Stock ($0.01 par value) CSGP Nasdaq Global Select Ma
- $750,000 — stock award with a grant date value of $750,000, with the number of shares to be awarde
Filing Documents
- csgp-20240708.htm (8-K) — 28KB
- release_costargroupnamesri.htm (EX-99) — 9KB
- 0001057352-24-000084.txt ( ) — 163KB
- csgp-20240708.xsd (EX-101.SCH) — 2KB
- csgp-20240708_lab.xml (EX-101.LAB) — 21KB
- csgp-20240708_pre.xml (EX-101.PRE) — 12KB
- csgp-20240708_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. COSTAR GROUP, INC. By: Date: July 11, 2024 /s/ Gene Boxer Name: Gene Boxer Title: General Counsel and Corporate Secretary