Newmark Group, Inc. said Friday that Barry Gosin will step down as CEO at the end of 2026. Gosin has served in this role since 1979. He will continue as chairman of Newmark & Company Real Estate, Inc., Newmark’s operating company, to focus on relevant and impactful topics, as well as to support a seamless transition.
“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 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.”
Added Stephen Merkel, chairman of the board, EVP and chief legal officer of Newmark, “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. 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.”
In connection with this announcement, Gosin entered into an amended and restated employment agreement to remain as chairman of Newmark & Co. up to 2029. The board expects to identify a new CEO by year end.
The post Newmark Group CEO Barry Gosin to Step Down at Year’s End appeared first on Connect CRE.
