Andrew Florance
CEO Florance's strategic brilliance built CoStar, but his old playbook of singular focus is now a liability, leading to massive pet projects and destroying shareholder value.
According to sources, Florance is a brilliant visionary but also a totalitarian micromanager who creates a toxic, fear-driven culture, making him unfit to lead the current pivot.
His destructive leadership is seen as incompatible with the disciplined execution needed for the costly residential bet, which has collapsed margins and attracted activist pressure.
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