Newmark Group has announced that Barry Gosin will step down as CEO on Dec. 31 after being in the role since 1979. He will continue as chairman of Newmark & Company Real Estate, Newmark’s operating company, to focus on relevant and impactful topics, as well as to support a seamless transition.
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 revenue
