CoStar Group Promotes Two Female Leaders, Adding to the Company’s Robust Executive Team
March 04 2020 - 2:36PM
Business Wire
CoStar Group (NASDAQ: CSGP), the leading provider of commercial
real estate information, analytics and online marketplaces, is
pleased to announce the promotion of Jaye Campbell to General
Counsel and Secretary and Jeannette C. Koonce to Chief Compliance
Officer.
Ms. Campbell is responsible for leading CoStar Group’s legal
team and overseeing legal affairs. She joined CoStar Group in 2013
and has held various positions in CoStar Group’s legal department,
most recently, Head of Litigation. Prior to joining CoStar Group,
Ms. Campbell practiced at the law firm Drinker, Biddle & Reath,
where she specialized in intellectual property and technology law.
She received her Juris Doctor degree from The George Washington
University Law School and holds a bachelor’s degree in foreign
service from Georgetown University.
Of Campbell’s accomplishments at CoStar Group, she is most proud
of the team she has helped build to meet the needs of a company
that is still growing. Campbell describes her team as “talented,
hard-working, and diverse” – a mix of talent from inside CoStar
Group, attorneys from law firms, and lawyers from other in-house
roles. “We're the legal team that helps CoStar Group get to 'yes'
in business matters,” Campbell said. “We have a track record of
identifying legal cases to bring forward to protect CoStar content
for customers, shareholders, and our employees who have invested in
that content.”
Campbell's work at CoStar Group led to a half-billion dollar
judgment in the company's favor, the largest judgment for
infringement of copyrighted images in history. "The case had
spectacular twists and turns," Campbell said, including her team
unearthing evidence that ultimately was used to indict a third
party on criminal charges related to child sex trafficking. "When I
left private practice in 2013," Campbell said, "I would have
laughed if you said that in my role at CoStar, I would train the
FBI on how to process terabytes of electronic evidence."
As for the legal team's future challenges, Campbell believes
CoStar Group is "at a size and scale where we need to focus on risk
management, and there is no one better to lead that effort than
Jeannette [Koonce].”
Ms. Koonce joined the CoStar Group team in January 2006 as
Deputy General Counsel. She oversees and makes recommendations with
respect to risk management and corporate governance. Prior to
joining CoStar Group, Ms. Koonce was an associate at Venable LLP,
where she practiced securities, mergers and acquisitions, and
general corporate law. Ms. Koonce received her Juris Doctor from
the College of William and Mary and a bachelor’s degree in
political science from Boston College. Koonce is a graduate of the
KPMG Executive Leadership Institute for Women, a year-long program
that provided her with a comprehensive understanding of the
principles and practical skills necessary to be an excellent
leader.
Over the past 14 years, Koonce has played an active role in
CoStar Group’s robust mergers and acquisitions activity, completing
more than 25 domestic and international acquisitions, including the
company’s acquisition of Apartments.com, which introduced CoStar
Group to the apartments listings business. During her tenure,
CoStar Group’s market cap has increased from approximately $750
million to over $25 billion. Koonce also handles CoStar Group’s
filings with the Securities and Exchange Commission, including
equity offerings and periodic reports.
During her time at CoStar Group, Koonce has also been a valuable
contributor and advisor to the company's philanthropic arm, CoStar
Group Builds, for nearly five years and previously served on the
board of Mentors, Inc., one of the organizations CoStar Group
Builds supports, for more than four years. Koonce was instrumental
in guiding the merger of Mentors, Inc. with Kid Power in July
2019.
“I look forward to overseeing CoStar Group’s international risk
management and corporate governance in my new role,” Koonce said.
She will continue to be involved with the company’s mergers and
acquisitions growth strategy.
“Both Jaye and Jeannette possess remarkable expertise and
leadership that is invaluable to the continued growth and success
of our organization,” said Founder and CEO Andrew Florance. “We are
incredibly proud of their accomplishments and appreciate the
dedication and commitment they bring to their new roles. I know
they will continue to play an integral role in the company’s
achievements.”
About CoStar Group, Inc.
CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of
commercial real estate information, analytics and online
marketplaces. Founded in 1987, CoStar conducts expansive, ongoing
research to produce and maintain the largest and most comprehensive
database of commercial real estate information. Our suite of online
services enables clients to analyze, interpret and gain unmatched
insight on commercial property values, market conditions and
current availabilities. STR provides premium data benchmarking,
analytics and marketplace insights for the global hospitality
sector. LoopNet is the most heavily trafficked commercial real
estate marketplace online with over 6 million monthly unique
visitors. Realla is the UK’s most comprehensive commercial property
digital marketplace. Apartments.com, ApartmentFinder.com,
ForRent.com, ApartmentHomeLiving.com, Westside Rentals,
AFTER55.com, CorporateHousing.com, ForRentUniversity.com and
Apartamentos.com form the premier online apartment resource for
renters seeking great apartment homes and provide property managers
and owners a proven platform for marketing their properties. CoStar
Group’s websites attracted an average of over 47 million unique
monthly visitors in aggregate in the fourth quarter of 2019.
Headquartered in Washington, DC, CoStar maintains offices
throughout the U.S. and in Europe, Canada and Asia with a staff of
over 4,300 worldwide, including the industry’s largest professional
research organization. For more information, visit www.costargroup.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200304005739/en/
Media Contact: Matthew Blocher CoStar Group (202) 346-6775
mblocher@costar.com
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