Doug Curry out as Xceligent CEO

Exec led data firm’s legal crusade against CoStar

TRD New York /
Oct.October 24, 2017 05:31 PM

Doug Curry

UPDATED, Oct. 24, 6:27 p.m.: Doug Curry was fired as Xceligent CEO Monday as the data company’s legal battle against rival CoStar is heating up.

On Tuesday night the company announced that Frank Anton, former CEO of media company Hanley Wood, will take over the company as executive chairman. Chief people officer Erin Curry is also out, the company said. COO Jody Vanarsdale will serve as acting CEO.

It wasn’t immediately clear why Curry was fired, but sources said it was unrelated to the CoStar lawsuit and part of a broader restructuring of the company that could lead to cost cuts. A representative Xceligent could not be reached for comment beyond a press release.

Xceligent, which offers a subscription-based commercial property database, is a major player in several secondary markets, largely in the South, Midwest and in California.

British media company the Daily Mail and General Trust bought Xceligent in 2012. Last year, the Missouri-based firm’s expansion into New York City and Curry has been spending much of his time meeting with local executives and building local partnerships. In May, it reached a deal with leasing comp database CompStak to integrate their online platforms.

The executives’ exits come amid ongoing litigation with a direct rival of the company. CoStar sued Xceligent in December for copyright infringement, alleging that it systematically stole its data. Xceligent hit back in June and filed an antitrust lawsuit.

Then, late last week, an Xceligent contractor, ReBackOffice, admitted in court that the company directed it to steal CoStar data — a potentially serious legal blow. The company also claimed that Doug Curry and chief research office Nathan Lipowicz were involved in the maneuver.

On Tuesday morning, Xceligent sent an email to its customers dismissing the allegations.

“ReBackOffice is a small company with nowhere near the resources of CoStar, and we believe that they, like others before them, felt intimidated to settle with CoStar for business reasons,” the company wrote.


Related Articles

arrow_forward_ios
(iStock)

Who’s returning to the office? Almost no one

Who’s returning to the office? Almost no one
Joe Moinian and 123 Linden Blvd. (Moinian Group)

These were the top outer borough loans in July

These were the top outer borough loans in July
Clipper Equity's David Bistricer (REIT)

David Bistricer’s Clipper Realty reports record Q2 profit

David Bistricer’s Clipper Realty reports record Q2 profit
Vornado CEO Steven Roth and a rendering of the Farley Post Office building (Getty, iStock, SOM)

Vornado will install facial recognition tech in all its buildings

Vornado will install facial recognition tech in all its buildings
28 Liberty Street (Wikipedia)

Manhattan’s office leasing sees busiest month since January

Manhattan’s office leasing sees busiest month since January
Maison Kayser (Photo via Tools of Men via Flickr)

Maison Kayser may bid New York adieu

Maison Kayser may bid New York adieu
Newmark’s Brian Waterman with 7 Hanover Square (Google Maps, Twitter)

Newmark nabs REBNY prize for deal with NYC Health + Hospitals

Newmark nabs REBNY prize for deal with NYC Health + Hospitals
The legislation from a City Council member introduced a bill to temporarily repeal the commercial rent tax for businesses during the Covid-19 state of emergency. (Getty, iStock)

Commercial rent tax cut introduced in City Council

Commercial rent tax cut introduced in City Council
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...