-+ 0.00%
-+ 0.00%
-+ 0.00%
CoStar CFO To Step Down, Firm's European Head To Replace Him
Share
Listen to the news
CoStar Group’s chief financial officer is departing at the end of the month. Christian Lown is leaving July 31 to pursue an opportunity outside of the industry, the Arlington-based real estate data firm announced Monday. Robin Rossmann, who leads CoStar’s European operations, will take his place. The transition will occur just days after CoStar reports its second-quarter earnings on July 28. It also comes as CoStar faces pressure from investors over its spending on Homes.com, the Washington Business Journal reported.   CoStar’s stock was down 4% Tuesday morning. Lown served as CoStar’s CFO for two years and previously served as the CFO of Freddie Mac....
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending