CoStar Group announced the appointment of Rich Simonelli as Head of Investor Relations and Cyndi Eakin as Chief Accounting Officer. Each will report to Chris Lown, Chief Financial Officer of CoStar Group. Simonelli, who previously held a similar role at CoStar Group for nine years, will rejoin the company from national real estate brokerage Compass, where he served as Senior Vice President, Investor Relations.

As an experienced manager of the integral relationship between investors and publicly traded companies, especially in the real estate industry, Simonelli is ideally suited to support CoStar Group?s investor relations efforts. At Compass, he led the brokerage?s investor relations program, ensuring stakeholders had the trust and understanding they needed to make informed decisions about supporting the company. Prior to that, Simonelli served as CoStar Group?s Vice President of Investor Relations, giving him an unparalleled understanding of the company, its investors, and its place in the real estate industry.

As the leader of the company?s investor relations efforts, Simonelli will be responsible for executing the comprehensive communication strategies needed to support long-term shareholder confidence in CoStar Group. A 35-year veteran of the industry regularly recognized by Institutional Investor magazine as one of the top investor relations professionals in the United States, Rich brings unmatched expertise cultivating relationships with institutional investors. Through his deep knowledge of investment banking, investor relations, and corporate band building, he has developed an unmatched expertise in attracting, informing and retaining world-class investors.

Eakin, who previously served as CoStar Group?s Controller, most recently served as Head of Investor Relations, working with investors, shareholders and analysts to convey CoStar Group?s performance, business strategy, and strategic positioning. In her new role, Eakin will be responsible for corporate accounting, revenue reporting, tax compliance, technical accounting and policy and financial reporting. Eakin?s strengths include her deep accounting expertise, leadership and management ability.

She has played a pivotal role in supporting CoStar Group?s acquisition integration and capital raise strategies, as well as managing responsibility for the accounting, tax and financial systems functions.