CoStar names Nana Banerjee to board as independent director

"Nana is a respected industry leader with deep expertise spanning centralized data, AI and advanced analytics organizations. We look forward to benefiting from his distinct perspective as we advance our proven strategy to drive accelerated, profitable growth and long-term stockholder value."

"Banerjee has over two decades of experience leading global technology businesses. He most recently served as the president and CEO of Pelmorex Corp., a global climate data company that is best known for The Weather Channel. He has also served as a senior advisor and senior managing director at Cerberus Capital Management."

"Nana's appointment follows a comprehensive search to identify a director who would bring additional C-suite experience in data analytics to the Board as we continue to guide the execution of CoStar Group's proven value-creation strategy."

CoStar Group announced the appointment of Nana Banerjee to its board of directors. Banerjee brings over twenty years of experience leading global technology businesses, most recently serving as president and CEO of Pelmorex Corp., a climate data company known for The Weather Channel. His background includes senior roles at Cerberus Capital Management, McGraw-Hill, Verisk, Argus Information and Advisory Services, Citibank, and Comscore. The board sought a director with C-suite experience in data analytics to support CoStar's value-creation strategy. This appointment represents the second significant board restructuring within a year, following earlier changes in April 2025 when three new directors joined and Louise Sams became independent board chair.

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