CEO Barry Gosin Adds Role as Chairman of Newmark's Operating Company

Core Viewpoint - Newmark Group, Inc. announces that CEO Barry M. Gosin will also take on the role of Chairman of Newmark & Company Real Estate, Inc., following the resignation of Howard Lutnick as Executive Chairman and Board member due to his confirmation as the U.S. Secretary of Commerce [1][2][3]. Company Leadership and Growth - Barry M. Gosin has been CEO since 1979 and has played a crucial role in Newmark's strategic direction and expansion, including its sale to BGC Partners in 2011, IPO in 2017, and spin-off from BGC in 2018 [3][4]. - Under Gosin's leadership, Newmark has experienced over 1,000% growth in annual revenues since 2011, making it the fastest-growing commercial real estate services company [3][9]. - The company has expanded its commercial and multifamily origination market share approximately sixfold and increased its investment sales share by more than two and a half times over the past decade [3][9]. Company Overview - Newmark generated nearly $2.8 billion in revenues for the twelve months ending December 31, 2024, and operates approximately 170 offices with over 8,000 professionals across four continents [6].