CoStar promotes Robin Rossmann to chief financial officer

CoStar Group, a provider of online real estate marketplaces, information and analytics, has appointed Robin Rossmann as chief financial officer, effective 31 July, succeeding Christian Lown, who is stepping down. Rossmann, currently managing director, Europe, will report to founder and chief executive Andy Florance. Over the past two years he cut CoStar’s European cost base by around 25%, roughly $51 million, while delivering double-digit revenue growth and launching CoStar in France. A chartered accountant, he joined STR in 2016 after 13 years at Deloitte, becoming part of CoStar Group through its 2019 STR acquisition.