This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

CoStar Group Names Max Linnington, Former Head Of Bloomberg Sales, To Executive Vice President Of CoStar Sales

WASHINGTON, May 16, 2014 (GLOBE NEWSWIRE) -- CoStar Group, Inc. (Nasdaq:CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, today announced that Max Linnington has joined the Company as Executive Vice President of Sales.

Mr. Linnington served as Bloomberg Americas Senior Vice President of Sales & Marketing from 2001 to 2008, where he managed revenue of $2.5 billion and oversaw a staff of 700 across five business units, including Terminal Subscriptions, Trading Systems, Data, Ecommerce and Media Sales. Mr. Linnington comes to CoStar Group with over 25 years of sales and sales leadership experience, including 17 years in a series of executive sales management roles for Bloomberg in London, the Nordic Region and New York. He also served as Regional Head of Emerging Markets, where he managed Bloomberg's expansion in India and established a new regional hub in Dubai.

"With our overall sales organization now at approximately 600 people, it has more than doubled in size compared to when we acquired LoopNet two years ago," stated CoStar Group Founder and CEO Andrew C. Florance. "Max has an outstanding track record driving revenue growth. He has tremendous experience structuring large sales organizations and setting and implementing sales strategies across broad customer segments and regions. His experience will be extremely valuable as we pursue our near-term goals of increasing the size and productivity of our sales force and realigning sales resources to achieve greater penetration among key customer groups, as we drive toward our goal of $1 billion in revenue and beyond."

Mr. Linnington has a BA in Financial Services from Bristol Business School, University of the West of England, Bristol, United Kingdom.

John Stanfill, CoStar Group's Senior Vice President of Sales & Customer Service, will be assisting in the transition and plans to leave the Company later this year to pursue personal interests.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.64 -0.11%
FB $118.57 0.84%
GOOG $698.21 0.75%
TSLA $241.80 0.43%
YHOO $36.53 -0.19%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs