CoStar Group CEO Andrew Florance's 2012 pay jumps 25% to $4.3M

CoStar Group reports 2012 executive compensation

By ExecPay News

Published: April 25, 2013

CoStar Group reported fiscal year 2012 executive compensation information on April 25, 2013.
In 2012, five executives at CoStar Group received on average a compensation package of $1.7M, a 20% increase compared to previous year.
Average pay of disclosed executives at CoStar Group
Andrew C. Florance, Chief Executive Officer, received $4.3M in total, which increased by 25% compared to 2011. 41% of Florance's compensation, or $1.7M, was in stock awards. Florance also received $1.1M in non-equity incentive plan, $875K in option awards, $543K in salary, as well as $38K in other compensation.
Brian J. Radecki, Chief Financial Officer, received a compensation package of $1.7M, which increased by 38% compared to previous year. 35% of the compensation package, or $585K, was in stock awards.
John L. Stanfill, Sr. Vice President Sales & Customer Service, earned $1.4M in 2012, a 6% increase compared to previous year.
Jennifer L. Kitchen, Sr. Vice President Research, received $722K in 2012, which increases by 16% compared to 2011.
Francis A. Carchedi, Executive Vice President, Operations, earned $529K in 2012.

Related executives

Andrew Florance

CoStar Group

Chief Executive Officer

Brian Radecki

CoStar Group

Chief Financial Officer

Francis Carchedi

CoStar Group

Executive Vice President, Corporate Development

John Stanfill

CoStar Group

Sr. Vice President Sales & Customer Service

Jennifer Kitchen

CoStar Group

Sr. Vice President Research

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Source: SEC filing on April 25, 2013.