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 (Nasdaq: NMRK) announced that Barry Gosin, CEO since 1979, will step down as Chief Executive Officer on December 31, 2026.

Rhea-AI Summary

Newmark Group (Nasdaq: NMRK) announced that Barry Gosin, CEO since 1979, will step down as Chief Executive Officer on December 31, 2026. He will remain Chairman of Newmark & Company Real Estate, the Company’s operating entity, under an amended and restated employment agreement running up to 2029. Newmark’s board expects to identify a new CEO by year end.

According to Newmark, annual revenues have increased by over 1,400% since 2011, reaching more than $3.6 billion for the twelve months ended June 30, 2026. The firm and its business partners have more than 10,000 professionals across approximately 195 locations, and Newmark reports faster total revenue growth from 2011–2025 than several named publicly traded commercial real estate peers.

Positive

• Revenues >$3.6 billion for the twelve months ended June 30, 2026
• Annual revenues up >1,400% since 2011 based on Newmark figures
• Reported revenue growth 2011–2025 faster than several named public peers
• Scale of >10,000 professionals across ~195 locations worldwide
• CEO transition planned with Gosin remaining Chairman through up to 2029

Negative

• Long-tenured CEO Barry Gosin to step down on December 31, 2026

Argus Aug 7 session 1 alert

-1.33% close to close 0.0x rel. volume Open Argus

Details

News Market Reaction – NMRK

$2.63B Market Cap

In the Aug 7 session, NMRK declined 1.33%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

Newmark's recent record included a -3.66% 24-hour reaction after a transaction announcement despite ...

Analysis

Newmark's recent record included a -3.66% 24-hour reaction after a transaction announcement despite favorable operating content. That history adds context to the CEO succession news; transition execution and leadership identification remain the relevant watchpoints.

Key Figures

CEO transition date: December 31, 2026 Chairman agreement term: up to 2029 Revenue growth: over 1,400% +5 more

CEO transition date

December 31, 2026

Barry Gosin steps down as CEO

Chairman agreement term

up to 2029

Amended employment agreement for operating-company chairman role

Revenue growth

over 1,400%

Annual revenue increase since 2011

Trailing revenue

more than $3.6 billion

Twelve months ended June 30, 2026

Professionals

more than 10,000 professionals

Newmark and business partners

Locations

approximately 195 locations

Newmark and business partners

Employees excluding partners

approximately 9,500 employees

As of June 30, 2026

Offices excluding partners

approximately 160 offices

As of June 30, 2026

Historical Context

5 past events · Latest: Aug 06

5 events

1. Aug 06

   Portfolio recapitalization

   24h Move

   -3.7%

   Arranged $718.5 million SASB recapitalization for Keller Investment Properties

2. Aug 06

   European acquisition

   24h Move

   -3.7%

   Acquired German valuation firm L+P Immobilienbewertung for European expansion

3. Jul 29

   Second-quarter earnings

   24h Move

   -8.1%

   Reported second-quarter results and reaffirmed 2026 double-digit growth outlook

4. Jul 17

   Property management award

   24h Move

   -1.9%

   Won management assignment covering more than 21 million square feet

5. Jul 06

   Office refinancing

   24h Move

   +0.3%

   Arranged $515 million fixed-rate refinancing for Rithm Capital's office tower

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

initial public offering, forward-looking statements, Form 10-K, Form 10-Q, +1 more

5 terms

initial public offering financial

"including its initial public offering in 2017"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

forward-looking statements regulatory

"Statements in this document regarding Newmark that are not historical facts are"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

Form 10-K regulatory

"reports on Form 10-K, Form 10-Q or Form 8-K"

A Form 10-K is a comprehensive report that publicly traded companies are required to file annually with regulators. It provides a detailed overview of a company's financial health, operations, and risks, similar to a detailed health report. Investors use this information to assess the company's performance and make informed decisions about buying or selling its stock.

Form 10-Q regulatory

"reports on Form 10-K, Form 10-Q or Form 8-K"

A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company's performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.

Form 8-K regulatory

"reports on Form 10-K, Form 10-Q or Form 8-K"

A Form 8-K is a report that companies file with the government to share important news quickly, such as changes in leadership, major business deals, or financial updates. It matters because it helps investors stay informed about significant events that could affect the company's value or stock price.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, Aug. 7, 2026 /PRNewswire/ -- 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. 

1	Please note the following: (i) Newmark & Co. was acquired by its former parent company, BGC Partners, Inc. ("BGC", which is now known as BGC Group, Inc.) in October of 2011. BGC facilitated Newmark's initial public offering ("IPO") in 2017 and spun it off in 2018. (ii) The Company's more than 1,400% revenue growth is based on unaudited full year 2011 revenues for Newmark & Co., compared with Newmark's total revenues for the twelve months ending June 30, 2026. (iii) Newmark has grown total revenues faster than the following publicly traded companies from 2011 through 2025: U.S. tickers CBRE, CIGI, JLL, MMI, and WD (all in USD), and U.K. ticker SVS (in GBP). (iv) Headcount and client service locations include independently owned business partners. Excluding these business partners, Newmark had approximately 9,500 employees in approximately 160 offices as of June 30, 2026.

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.

Discussion of Forward-Looking Statements about Newmark

Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

 

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SOURCE Newmark Group, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When is Barry Gosin stepping down as CEO of Newmark Group (NMRK)?

Barry Gosin will step down as CEO of Newmark Group on December 31, 2026. According to Newmark, he has held the CEO role since 1979 and will remain Chairman of Newmark & Co., the operating company, to support the leadership transition.

Will Barry Gosin remain with Newmark Group (NMRK) after leaving the CEO role?

Yes, Barry Gosin will remain with Newmark as Chairman of Newmark & Co. through up to 2029. According to Newmark, he entered into an amended and restated employment agreement to focus on impactful topics and help ensure a seamless transition.

What are Newmark Group (NMRK) revenues as Barry Gosin prepares to step down?

Newmark generated more than $3.6 billion in revenues for the twelve months ended June 30, 2026. According to Newmark, annual revenues have increased by over 1,400% since 2011, reflecting substantial long-term growth under the current leadership structure.

How much has Newmark Group (NMRK) grown since 2011?

Newmark reports its annual revenues have risen by over 1,400% since 2011. According to Newmark, this growth is based on unaudited 2011 revenues for Newmark & Co. compared with total revenues for the twelve months ended June 30, 2026, highlighting significant expansion.

Is Newmark Group (NMRK) growing faster than other commercial real estate firms?

From 2011 through 2025, Newmark reports its total revenues grew faster than several named publicly traded peers. According to Newmark, this comparison covers companies with U.S. tickers CBRE, CIGI, JLL, MMI, WD, and U.K. ticker SVS over that period.

How large is Newmark Group’s (NMRK) global platform in 2026?

Newmark and its business partners have more than 10,000 professionals across over 195 offices on four continents. According to Newmark, excluding independently owned business partners, it had approximately 9,500 employees in about 160 offices as of June 30, 2026.

When will Newmark Group (NMRK) appoint a new CEO after Barry Gosin?

Newmark’s board expects to identify a new CEO by year end 2026. According to Newmark, Gosin will continue as Chairman of the operating company, Newmark & Co., to support the transition and focus on relevant and impactful strategic topics.