Stephen Merkel Appointed Chairman of Newmark's Board of Directors
Newmark Group (NMRK) has announced significant leadership changes, with Stephen Merkel being appointed as Chairman of the Board of Directors. This appointment follows Howard W. Lutnick's stepping down from his positions as Executive Chairman and Chairman of the Board after his confirmation as the 41st Secretary of Commerce by the United States Senate.
Merkel, who will maintain his roles as Executive Vice President and Chief Legal Officer, brings over 30 years of experience and has been with Newmark since its acquisition by BGC Partners. He currently serves as Executive Vice Chairman, Executive Managing Director, and General Counsel for the Cantor Fitzgerald group of companies.
Additionally, Kyle Lutnick will join the Board. He most recently served as Global Managing Director of Knotel, Inc., Newmark's flexible office and workspace business, and previously held positions in the company's retail advisory team.
Newmark Group (NMRK) ha annunciato cambiamenti significativi nella leadership, con Stephen Merkel nominato Presidente del Consiglio di Amministrazione. Questa nomina segue le dimissioni di Howard W. Lutnick dalle sue cariche di Presidente Esecutivo e Presidente del Consiglio dopo la sua conferma come 41° Segretario al Commercio dal Senato degli Stati Uniti.
Merkel, che manterrà i suoi ruoli di Vice Presidente Esecutivo e Direttore Legale, porta con sé oltre 30 anni di esperienza ed è con Newmark sin dall'acquisizione da parte di BGC Partners. Attualmente ricopre i ruoli di Vice Presidente Esecutivo, Direttore Generale Esecutivo e Consigliere Legale per il gruppo di aziende Cantor Fitzgerald.
Inoltre, Kyle Lutnick entrerà a far parte del Consiglio. Recentemente ha ricoperto il ruolo di Direttore Generale Globale di Knotel, Inc., l'attività di uffici flessibili e spazi di lavoro di Newmark, e in precedenza ha ricoperto posizioni nel team di consulenza retail dell'azienda.
Newmark Group (NMRK) ha anunciado cambios significativos en el liderazgo, con Stephen Merkel nombrado Presidente de la Junta Directiva. Este nombramiento sigue a la renuncia de Howard W. Lutnick de sus cargos como Presidente Ejecutivo y Presidente de la Junta tras su confirmación como el 41º Secretario de Comercio por el Senado de los Estados Unidos.
Merkel, quien mantendrá sus roles como Vicepresidente Ejecutivo y Director Legal, aporta más de 30 años de experiencia y ha estado con Newmark desde su adquisición por BGC Partners. Actualmente, se desempeña como Vicepresidente Ejecutivo, Director General Ejecutivo y Asesor Legal del grupo de empresas Cantor Fitzgerald.
Además, Kyle Lutnick se unirá a la Junta. Recientemente se desempeñó como Director General Global de Knotel, Inc., el negocio de oficinas flexibles y espacios de trabajo de Newmark, y anteriormente ocupó cargos en el equipo de asesoría minorista de la empresa.
Newmark Group (NMRK)는 Stephen Merkel을 이사회 의장으로 임명하며 중요한 리더십 변화를 발표했습니다. 이 임명은 하워드 W. 루트닉이 미국 상원에서 41대 상무부 장관으로 임명된 후 이사회 의장 및 집행 의장직에서 물러난 것에 따른 것입니다.
머켈은 집행 부사장 및 법률 고문으로서의 역할을 유지하며 30년 이상의 경험을 가지고 있으며 BGC 파트너스에 인수된 이후 뉴마크와 함께 해왔습니다. 현재 그는 칸토르 피츠제럴드 기업 그룹의 집행 부회장, 집행 관리 이사 및 법률 고문으로 활동하고 있습니다.
또한, Kyle Lutnick이 이사회에 합류할 예정입니다. 그는 최근 뉴마크의 유연한 사무실 및 작업 공간 사업인 Knotel, Inc.의 글로벌 관리 이사로 재직했으며, 이전에는 회사의 소매 자문 팀에서 직책을 맡았습니다.
Newmark Group (NMRK) a annoncé des changements significatifs dans sa direction, avec Stephen Merkel nommé Président du Conseil d'Administration. Cette nomination fait suite à la démission de Howard W. Lutnick de ses fonctions de Président Exécutif et de Président du Conseil après sa confirmation en tant que 41e Secrétaire au Commerce par le Sénat des États-Unis.
Merkel, qui conservera ses fonctions de Vice-Président Exécutif et de Directeur Juridique, apporte plus de 30 ans d'expérience et est avec Newmark depuis son acquisition par BGC Partners. Il occupe actuellement les postes de Vice-Président Exécutif, Directeur Général Exécutif et Conseiller Juridique pour le groupe Cantor Fitzgerald.
De plus, Kyle Lutnick rejoindra le Conseil. Il a récemment été Directeur Général Mondial de Knotel, Inc., l'activité de bureaux flexibles et d'espaces de travail de Newmark, et a précédemment occupé des postes dans l'équipe de conseil au détail de l'entreprise.
Newmark Group (NMRK) hat bedeutende Veränderungen in der Führung angekündigt, wobei Stephen Merkel zum Vorsitzenden des Aufsichtsrats ernannt wurde. Diese Ernennung folgt auf den Rücktritt von Howard W. Lutnick von seinen Positionen als Executive Chairman und Vorsitzender des Aufsichtsrats, nachdem er vom US-Senat als 41. Handelsminister bestätigt wurde.
Merkel, der seine Rollen als Executive Vice President und Chief Legal Officer beibehalten wird, bringt über 30 Jahre Erfahrung mit und ist seit der Übernahme von Newmark durch BGC Partners im Unternehmen. Derzeit ist er Executive Vice Chairman, Executive Managing Director und General Counsel der Cantor Fitzgerald Unternehmensgruppe.
Zusätzlich wird Kyle Lutnick dem Aufsichtsrat beitreten. Zuletzt war er Global Managing Director von Knotel, Inc., dem flexiblen Büro- und Arbeitsplatzgeschäft von Newmark, und hatte zuvor Positionen im Einzelhandelsberatungsteam des Unternehmens inne.
- Appointment of experienced leader Stephen Merkel as Chairman, bringing 30+ years of industry expertise
- Continuity in leadership with Merkel retaining existing executive roles
- Addition of Kyle Lutnick to the board brings flexible workspace expertise
- Departure of Howard Lutnick as Executive Chairman could create temporary leadership transition uncertainty
Kyle Lutnick will also join the Board
Mr. Merkel, who has been with the Company since its acquisition by BGC Partners, Inc., will also retain his roles as Newmark's Executive Vice President and Chief Legal Officer. Kyle Lutnick will also join as a member of the Board.
"Stephen has been one of my closest advisors for more than 30 years," said Howard Lutnick. "He is an outstanding leader who understands the core of our firm. With his experience and dedication to the Company, I am confident in the success of the firm as I take on a new role serving the American people."
Mr. Merkel is Executive Vice Chairman, Executive Managing Director, and General Counsel for the Cantor Fitzgerald, L.P. group of companies, which includes Newmark Group, Inc., BGC Group, Inc. and Cantor Fitzgerald & Co.
Prior to joining Cantor Fitzgerald in 1993, Mr. Merkel was Vice President and Assistant General Counsel at Goldman Sachs & Co., dedicated to the J. Aron Division. Before that, he was an associate with the law firm of Paul, Weiss, Rifkind, Wharton & Garrison. He also served as a law clerk for the Honorable Irving R. Kaufman of the
Mr. Merkel is currently on the Board of Trustees for the Brooklyn Botanic Garden and on the Board of Directors of the Brooklyn Bridge Park Corporation. Mr. Merkel lives with his wife, Robin Shanus, and has three adult children, David, Gabe and Leo.
Kyle Lutnick most recently served as Global Managing Director of Knotel, Inc., Newmark's flexible office and workspace business. Prior to that, he was Knotel's General Manager 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.
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SOURCE Newmark Group, Inc.
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