Newmark (NMRK) creates Chief Strategy Officer role for Kyle Lutnick
Rhea-AI Filing Summary
Newmark Group, Inc. appointed Kyle S. Lutnick, 30, as its newly created Chief Strategy Officer, an executive officer role reporting to Chief Operating Officer Luis Alvarado. He will help lead the firmwide strategic and transformation agenda, including data, artificial intelligence, technology and strategic account growth.
Lutnick remains a director of Newmark and serves as Executive Vice Chairman of Cantor Fitzgerald, L.P. He will sit on Newmark’s Executive Committee and the new Strategy Committee. His annual salary will be $500,000, with eligibility for incentive bonuses, discretionary bonuses, and long-term equity and partnership awards.
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8-K Event Classification
Key Figures
Key Terms
Chief Strategy Officer financial
Strategy Committee financial
Incentive Bonus Compensation Plan financial
Long Term Incentive Plan financial
forward-looking statements regulatory
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| Item 8.01 | Other Events |
Kyle Lutnick Appointed Chief Strategy Officer of the Company
On May 19, 2026, Newmark Group, Inc. (the “Company” or “Newmark”) appointed Kyle S. Lutnick, 30, to serve as Chief Strategy Officer (“CSO”) of the Company. This newly created role will be an executive officer position and, together with management, will help shape the firmwide strategic and transformation agenda including data, artificial intelligence (“AI”) and technology matters, and strategic account and platform growth. Mr. Lutnick shall report to Luis Alvarado, the Company’s Chief Operating Officer. As part of the creation of the CSO role, Newmark has established a newly created management-level committee known as the Strategy Committee consisting of senior leaders including Mr. Lutnick. Additionally, Mr. Lutnick will be appointed a member of the Company’s Executive Committee.
Mr. Lutnick has been a director of our Company since February 2025, a position which he will retain following his appointment as CSO. Mr. Lutnick also is Executive Vice Chairman of Cantor Fitzgerald, L.P. (“Cantor”) and is expected continue to provide services to Cantor Fitzgerald Securities and other Cantor businesses. He previously served as Global Managing Director of Knotel, Inc. (“Knotel”), Newmark’s flexible office and workspace business. Prior to joining Knotel, Mr. Lutnick was part of Newmark’s retail advisory team, where he advised clients in New York City. For Mr. Lutnick’s full bio, see the Company’s Amendment No. 1 to its Annual Report on the Form 10-K filed with the SEC on April 30, 2026, under the heading “Information About Our Directors,” which is incorporated by reference herein.
Mr. Lutnick will receive a salary of $500,000 per year. Additionally, Mr. Lutnick will be eligible to receive incentive bonus awards under the Amended and Restated Newmark Group, Inc. Incentive Bonus Compensation Plan, discretionary bonuses, and equity and partnership awards under the Amended and Restated Newmark Group, Inc. Long Term Incentive Plan and the Amended and Restated Newmark Holdings, L.P. Participation Plan.
Mr. Lutnick’s employment will be at-will and subject to customary employment terms and conditions.
Except as previously described in the Company’s Definitive Proxy Statement on Schedule 14A filed with the SEC on November 17, 2025 and the Company’s Annual Report on Form 10-K filed with the SEC on March 2, 2026, as amended on April 30, 2026, in each case under the heading “Certain Relationships and Related Transactions, and Director Independence” (which are each incorporated by reference herein), there are no additional family relationships between any of the Company’s directors or officers and Mr. Lutnick that are required to be disclosed under Item 401(d) of Regulation S-K, and Mr. Lutnick does not have any additional interests in any transactions requiring disclosure under Item 404(a) of Regulation S-K.
| Item 7.01. | Regulation FD Disclosure. |
The Company issued a press release regarding Mr. Lutnick’s appointment. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
| Item 9.01. | Financial Statements and Exhibits |
(d) Exhibits
The exhibit index set forth below is incorporated by reference in response to this Item 9.01.
EXHIBIT INDEX
| Exhibit Number | Description | |
| 99.1 | Newmark Group, Inc. Press Release re: Kyle Lutnick appointment as Chief Strategy Officer, dated May 22, 2026. | |
| 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
| Newmark Group, Inc. | |||
| Date: May 22, 2026 | By: | /s/ Michael J. Rispoli | |
| Name: | Michael J. Rispoli | ||
| Title: | Chief Financial Officer | ||
[Signature Page to Form 8-K regarding Kyle Lutnick Appointment dated May 22, 2026]
2
Exhibit 99.1
Newmark Appoints Kyle Lutnick as Chief Strategy Officer
NEW YORK, NY (May 22, 2026) — 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 the appointment of Kyle S. Lutnick as Chief Strategy Officer.
In the newly created role, Mr. Lutnick will, together with management, help shape the firmwide strategic and transformation agenda, including data, artificial intelligence (“AI”) and technology matters, and strategic account and platform growth. Mr. Lutnick will report to Luis Alvarado, Chief Operating Officer.
“As Newmark continues to deliver broad-based growth and expand its global capabilities, we continue to see meaningful opportunities to build on Newmark’s trajectory through strategic investment in operational capabilities that enhance collaboration, improve efficiency and further differentiate our service offering globally,” said Barry Gosin, Chief Executive Officer. "Kyle's service on Newmark's Board of Directors has demonstrated his strong ability to identify growth opportunities and bring innovative thinking to our business.”
As part of the creation of the Chief Strategy Officer role, Newmark established a management-level Strategy Committee comprised of senior leaders. Additionally, Mr. Lutnick will sit on the Company’s Executive Committee.
“Kyle’s understanding and commitment to enhancing the client outcomes we deliver make him well suited to join our leadership team as we continue to accelerate our position as the fastest-growing commercial real estate services firm since 20111,” stated Alvarado.
“I am honored to step into this role at such an exciting time,” said Lutnick. “Newmark has built a dynamic global platform with market-leading talent, and I look forward to building on that momentum by leveraging data and enhancing technology to deliver meaningful results for our clients.”
Mr. Lutnick will continue to serve on Newmark’s Board of Directors, a role he has held since February 2025. He is also Executive Vice Chairman of Cantor Fitzgerald, L.P. (“Cantor”) and is expected to continue to provide services to Cantor Fitzgerald Securities and other Cantor businesses. He previously served as Global Managing Director of Knotel, Inc., Newmark’s flexible office and workspace business, and was part of Newmark’s retail advisory team in New York City. Lutnick is a graduate of Stanford University.
| 1 | Newmark’s 2011 revenues are based on unaudited full year 2011 revenues for Newmark & Company Real Estate, Inc. The peers included in the 2011- 2025 average are U.S. tickers CBRE, CIGI, JLL, MMI, and WD, (in USD) and U.K. ticker symbol SVS (in GBP). In addition, U.S. ticker CWK did not report revenues for periods before 2015 and is therefore excluded. |
Newmark Appoints Kyle Lutnick as Chief Strategy Officer
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended March 31, 2026, Newmark generated revenues of more than $3.4 billion. As of March 31, 2026, Newmark and its business partners together operated from over 185 offices with more than 9,600 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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____________________________________________
Press Contact:
Deb Bergman
t 303-260-4307
deb.bergman@nmrk.com
____________________________________________
Investor Contacts:
Jason McGruder
Shaun French
t 212-829-7124
investors@nmrk.com