CEO Barry Gosin Adds Role as Chairman of Newmark's Operating Company
Newmark Group (NMRK) announced that CEO Barry M. Gosin will take on the additional role of Chairman of its operating company, Newmark & Company Real Estate, following Howard Lutnick's departure to become the 41st U.S. Secretary of Commerce.
Gosin, who has served as CEO since 1979, was instrumental in several key company milestones, including Newmark's sale to BGC Partners in 2011, its IPO in 2017, and spin-off from BGC in 2018. Under his leadership, Newmark has achieved remarkable growth, becoming the fastest-growing commercial real estate services company with a market capitalization of approximately $3.7 billion. The company has increased annual revenues by over 1,000% since 2011, expanded its commercial and multifamily origination market share sixfold, and increased its investment sales share by more than 2.5 times over the past decade.
Newmark Group (NMRK) ha annunciato che il CEO Barry M. Gosin assumerà il ruolo aggiuntivo di Presidente della sua società operativa, Newmark & Company Real Estate, a seguito della partenza di Howard Lutnick, che diventerà il 41° Segretario al Commercio degli Stati Uniti.
Gosin, che ricopre il ruolo di CEO dal 1979, è stato fondamentale in diversi traguardi chiave dell'azienda, tra cui la vendita di Newmark a BGC Partners nel 2011, la sua IPO nel 2017 e la scissione da BGC nel 2018. Sotto la sua guida, Newmark ha raggiunto una crescita straordinaria, diventando la società di servizi immobiliari commerciali in più rapida crescita con una capitalizzazione di mercato di circa 3,7 miliardi di dollari. L'azienda ha aumentato i ricavi annuali di oltre il 1.000% dal 2011, espandendo la propria quota di mercato nell'origine commerciale e multifamiliare di sei volte e aumentando la propria quota di vendite di investimenti di oltre 2,5 volte nell'ultimo decennio.
Newmark Group (NMRK) anunció que el CEO Barry M. Gosin asumirá el rol adicional de Presidente de su empresa operativa, Newmark & Company Real Estate, tras la salida de Howard Lutnick, quien se convertirá en el 41º Secretario de Comercio de EE. UU.
Gosin, quien ha sido CEO desde 1979, ha sido fundamental en varios hitos clave de la empresa, incluyendo la venta de Newmark a BGC Partners en 2011, su OPI en 2017 y la escisión de BGC en 2018. Bajo su liderazgo, Newmark ha logrado un crecimiento notable, convirtiéndose en la empresa de servicios inmobiliarios comerciales de más rápido crecimiento con una capitalización de mercado de aproximadamente 3,7 mil millones de dólares. La compañía ha incrementado sus ingresos anuales en más del 1,000% desde 2011, ampliando su participación en el mercado de originación comercial y multifamiliar seis veces, y aumentando su participación en ventas de inversiones más de 2.5 veces en la última década.
뉴마크 그룹 (NMRK)는 CEO 배리 M. 고신이 하워드 루트닉이 미국 상무부 제41대 장관으로 임명된 후, 운영 회사인 뉴마크 & 컴퍼니 부동산의 회장직을 추가로 맡게 될 것이라고 발표했습니다.
고신은 1979년부터 CEO로 재직해 왔으며, 2011년 뉴마크의 BGC 파트너스 매각, 2017년 상장, 2018년 BGC에서의 분사 등 여러 주요 이정표에 중요한 역할을 했습니다. 그의 지도 아래 뉴마크는 약 37억 달러의 시가총액을 보유한 가장 빠르게 성장하는 상업용 부동산 서비스 회사로 성장했습니다. 회사는 2011년 이후 연간 수익을 1,000% 이상 증가시켰고, 상업 및 다가구 대출 시장 점유율을 6배로 확대했으며, 지난 10년 동안 투자 판매 점유율을 2.5배 이상 증가시켰습니다.
Newmark Group (NMRK) a annoncé que le PDG Barry M. Gosin assumera également le rôle de Président de sa société opérationnelle, Newmark & Company Real Estate, suite au départ de Howard Lutnick, qui deviendra le 41e secrétaire au Commerce des États-Unis.
Gosin, qui est PDG depuis 1979, a joué un rôle essentiel dans plusieurs étapes clés de l'entreprise, notamment la vente de Newmark à BGC Partners en 2011, son introduction en bourse en 2017 et sa scission de BGC en 2018. Sous sa direction, Newmark a connu une croissance remarquable, devenant l'entreprise de services immobiliers commerciaux à la croissance la plus rapide avec une capitalisation boursière d'environ 3,7 milliards de dollars. L'entreprise a augmenté ses revenus annuels de plus de 1 000 % depuis 2011, a multiplié par six sa part de marché dans l'origine commerciale et multifamiliale, et a augmenté sa part des ventes d'investissement de plus de 2,5 fois au cours de la dernière décennie.
Newmark Group (NMRK) gab bekannt, dass CEO Barry M. Gosin zusätzlich die Rolle des Vorsitzenden seines operativen Unternehmens, Newmark & Company Real Estate, übernehmen wird, nachdem Howard Lutnick zum 41. US-Handelsminister ernannt wurde.
Gosin, der seit 1979 CEO ist, spielte eine entscheidende Rolle bei mehreren wichtigen Meilensteinen des Unternehmens, darunter der Verkauf von Newmark an BGC Partners im Jahr 2011, der Börsengang im Jahr 2017 und die Abspaltung von BGC im Jahr 2018. Unter seiner Führung hat Newmark bemerkenswertes Wachstum erzielt und ist zum am schnellsten wachsenden Unternehmen im Bereich der gewerblichen Immobilienservices mit einer Marktkapitalisierung von etwa 3,7 Milliarden Dollar geworden. Das Unternehmen hat die jährlichen Einnahmen seit 2011 um über 1.000 % gesteigert, seinen Marktanteil im Bereich der gewerblichen und Mehrfamilienfinanzierung vervierfacht und seinen Anteil am Investitionsverkauf im letzten Jahrzehnt um mehr als das 2,5-fache erhöht.
- Market capitalization of approximately $3.7 billion
- Revenue growth of over 1,000% since 2011
- Sixfold increase in commercial and multifamily origination market share over past decade
- 2.5x increase in investment sales share over past decade
- None.
Insights
The consolidation of CEO and Chairman roles under Barry Gosin marks a pivotal moment in Newmark's corporate governance structure. While this arrangement may raise traditional concerns about power concentration, Gosin's exceptional 45-year tenure and proven track record significantly mitigate these risks. Under his leadership, Newmark has demonstrated remarkable execution capabilities, evidenced by the sixfold increase in commercial and multifamily origination market share and 2.5x growth in investment sales share over the past decade.
This leadership transition comes at a strategic inflection point for Newmark. The company has successfully transformed from a private entity into a major public player with a
The appointment's timing aligns with significant market opportunities, as commercial real estate faces technological disruption and evolving client needs. Gosin's deep industry relationships and proven ability to drive transformative growth suggest potential for continued market share expansion and innovation in service offerings. His extensive board memberships in key industry organizations like the Real Estate Board of New York and the Partnership of New York City provide valuable strategic insights and relationship networks that could further benefit Newmark's competitive position.
Mr. Lutnick, who was confirmed today as
"Barry is an exceptional leader who is deeply respected and admired by employees and clients alike and has been a close friend and strategic partner for more than a decade," said Howard Lutnick. "Together we have built one of the greatest commercial real estate companies in
Mr. Gosin is responsible for overseeing Newmark's strategic direction and has been instrumental in guiding its dramatic expansion. Serving as CEO since 1979, he spearheaded Newmark's sale to Howard Lutnick's BGC Partners, Inc. in 2011 and Newmark's IPO in 2017, as well as the Company's spin-off from BGC in 2018. Since 2011, Newmark has been the fastest growing commercial real estate services company and has increased annual revenues by over 1,000 percent.1 Over the past ten years, 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.
"I am honored to take on this expanded role and look forward to continuing to drive transformative growth and innovation across all areas of our business, ensuring we remain at the forefront of our industry," said Gosin. "Together with Newmark's talented senior leadership team, we will deliver exceptional value to our stakeholders."
Gosin is a member of the Executive Committee of the Board of Directors for the Partnership of
In separate releases, Newmark today announced additional Executive and Board changes. Please visit ir.nmrk.com.
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 December 31, 2024, Newmark generated revenues of nearly
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.
1 Note the following: (i) Revenue growth is based on 2011 through 2023 total revenues, with the latter the most recent year for which such data is available for all publicly traded peers. These peers are
View original content to download multimedia:https://www.prnewswire.com/news-releases/ceo-barry-gosin-adds-role-as-chairman-of-newmarks-operating-company-302379623.html
SOURCE Newmark Group, Inc.
FAQ
What changes were announced in Newmark's (NMRK) leadership structure in February 2025?
How has Newmark (NMRK) performed since 2011 in terms of revenue growth?
What is Newmark's (NMRK) current market capitalization as of February 2025?
How has Newmark's (NMRK) market share changed over the past decade?
What major corporate events has Barry Gosin overseen at Newmark (NMRK)?
