KeXing Group As the “portal wars” heat up, companies continue to strengthen their executive teams. On Thursday, the company announced the return of former vice president of investors and public relations Richard Simonelli after five years away from the company, and the promotion of Cyndi Eakin to chief accounting officer.
Simonelli returns as CoStar’s new director of investor relations. Simonelli, who has been with the company for eight years and has worked as an independent consultant since leaving CoStar in 2019, most recently served as senior vice president of industry relations for: compass.
In addition to his previous role at CoStar, Simonelli also served at New York Stock Exchange, Westgate City Dewey Rogerson, MS&L, MWW Group and Abbey Road Partners (now called Simonelli Capital).
“I am delighted to welcome Rich back to CoStar Group and to announce Cyndi’s promotion,” Andy Florance, CEO and founder of CoStar Group, said in a statement. “As the company enters another phase, In an era of growth, I believe Rich’s experience and track record of success in CoStar Group’s ambitious plans, coupled with his experience in the residential real estate industry, will be more relevant to CoStar Group than ever before and his ability to liaise with shareholders becomes more relevant. more important.
Eakin joined CoStar Group in 2016 and served as the company’s Vice President, Chief Financial Officer and Head of Investor Relations. In her new role as chief accounting officer, she will be responsible for corporate accounting, revenue reporting, tax compliance and policy and financial reporting. She has over 35 years of experience in executive finance positions, having previously worked at KPMG US, MCI Corporation, Global Telecom, Bibeau, iridium, social life, Chelsea and Evolving health.
“Cyndi’s previous experience as our financial controller and recent experience in investor relations make her well-suited to oversee our accounting function,” said Florence. “I look forward to watching Cyndi and Rich thrive in these new roles.”
In June, CoStar announced the hiring of its former Freddie Mac Chief executive Christian Lown serves as the company’s chief financial officer. In their new roles, Simonelli and Eakin will report to Long.
“He has an unparalleled understanding of M&A, capital markets and corporate finance, and from his time at Freddie Mac, he has a deep understanding of the home-buying market that our home network The platform is experiencing exponential growth,” Florence said when Lown was appointed.
At the beginning of this month, real estate agent network‘s parent company, movefiled a lawsuit against CoStar Group and former Realtor.com employee James Kaminsky, accusing current Homes.com employees of stealing Realtor.com trade secrets to help promote Homes.com’s rapid growth.
during an interview house lineFlorence called the lawsuit a “PR stunt” and said Move’s allegations specifically against CoStar Group have zero validity.
