CoStar names tech executive Nana Banerjee to board as independent director

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CoStar Group has appointed Nana Banerjee, a tech executive with extensive experience in data analytics and AI, as an independent director to its board. This appointment expands the board to nine members, with CEO Andy Florance remaining the sole non-independent director. The move comes as CoStar faces activist investor pressure regarding the performance of Homes.com and its financial outlook.

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