Barry Gosin to Step Down as CEO of Newmark Group Inc. at Year End; Will Continue as Chairman of Newmark Co. Real Estate, Newmark's Operating Company
Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or the "Company"), a leading commercial real estate advisor and service provider...
Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or the “Company”), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced that Barry Gosin, having been in the role since 1979, will step down as Chief Executive Officer on December 31, 2026. He will continue as Chairman of Newmark & Company Real Estate, Inc., (“Newmark & Co.”), Newmark’s operating company, to focus on relevant and impactful topics, as well as to support a seamless transition.
Newmark has a deep and experienced leadership team, and this orderly transition positions the Company for continued success in the years ahead. Newmark’s Board of Directors expects to identify a new CEO by year end.
“We are delighted that Barry will remain with the Company as Chairman of the operating company to help the next generation of leadership as they guide Newmark through its next chapter of growth,” said Stephen Merkel, Chairman of the Board, Executive Vice President and Chief Legal Officer of Newmark. “For nearly five decades, Barry, along with his entire leadership team, have led Newmark through some of its most consequential milestones, including its initial public offering in 2017 and becoming the fastest growing publicly traded commercial real estate firm in the world, increasing annual revenues by over 1,400% since 2011 while expanding to more than 10,000 professionals across approximately 195 locations.”1
“I have spent nearly my entire career at Newmark, working alongside an exceptional team whose dedication, talent and commitment have made the Company’s success possible,” said Barry Gosin. “The Company is stronger than ever, our strategy is working, and the opportunities ahead are substantial, which is why I believe now is the right time to take a step back from day-to-day operations to focus solely on matters that will make a difference to Newmark, and to support the Company through this transition.”
In connection with this announcement, Mr. Gosin entered into an amended and restated employment agreement to remain as Chairman of the Company’s operating entity, Newmark & Co., up to 2029.
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leading commercial real estate advisor and service provider to large institutional investors and other owners, global corporations and other occupiers, and lenders. Built with purpose and driven by excellence, Newmark’s comprehensive platform is uniquely tailored to provide superior outcomes to clients. For the twelve months ended June 30, 2026, Newmark generated revenues of more than $3.6 billion. As of June 30, 2026, Newmark and its business partners together operated from over 195 offices with more than 10,000 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.
Source : Newmark Group, Inc.
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