Barry Gosin Expands Leadership Role as Chairman of Newmark's Operating Company
In a significant development for Newmark Group, Inc. (NASDAQ: NMRK), Barry M. Gosin has taken on the additional title of Chairman of Newmark Company Real Estate, Inc. This announcement, made on February 19, 2025, comes as the company continues its trajectory of growth and market expansion within the commercial real estate sector.
Barry Gosin, who has held the position of CEO since 1979, is credited with transforming Newmark into a key player in the real estate advisory and services industry. Alongside his executive responsibilities, Gosin's new role as Chairman points to a commitment to providing strategic direction that aligns with the company's ambitious plans for global outreach.
Previously, the Executive Chairman role was held by Howard Lutnick, who recently stepped down after being confirmed as the 41st U.S. Secretary of Commerce. Lutnick remarked on Gosin's leadership capabilities, highlighting their decade-long partnership that has seen Newmark rise from a privately-held company to a publicly-traded giant boasting a market capitalization near $3.7 billion. This successful transition underscores the deep trust and respect that Lutnick and others within the industry have for Gosin's leadership.
Under Gosin’s command, Newmark has experienced explosive growth, with revenue soaring more than 1,000 percent since 2011. The past decade has also seen a sixfold increase in the company's commercial and multifamily origination market share. Such growth is indicative of Newmark's ability to adapt and thrive in a rapidly changing market landscape.
Following the announcement, Gosin expressed his gratitude and enthusiasm for the new chairmanship, stating, "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." This sentiment is shared among Newmark's senior leadership team, which is dedicated to delivering exceptional value to stakeholders and further solidifying Newmark's reputation in the real estate market.
Gosin’s contributions extend beyond the corporate realm. He is an active member of the Executive Committee of the Partnership for New York City and serves on the Board of Governors at the Real Estate Board of New York. His dedication to community service is evident through his position as a Trustee at Pace University and his involvement with Fountain House, an organization that advocates for mental health awareness and provides support for individuals facing mental health challenges.
Newmark’s commitment to providing tailored services and comprehensive solutions in real estate remains its core focus, with a reported annual revenue of nearly $2.8 billion for the fiscal year ending December 31, 2024. With approximately 170 offices worldwide and a workforce exceeding 8,000 professionals, Newmark is well-positioned to navigate the complexities of the global commercial real estate market.
As Newmark progresses under the combined leadership of Barry Gosin and his senior management team, clients and stakeholders alike can anticipate robust growth strategies that aim to maintain Newmark's competitive edge and elevate its industry standing even further. To learn more about Newmark and its offerings, visit their website at nmrk.com or follow them on social media @newmark.
Barry Gosin, who has held the position of CEO since 1979, is credited with transforming Newmark into a key player in the real estate advisory and services industry. Alongside his executive responsibilities, Gosin's new role as Chairman points to a commitment to providing strategic direction that aligns with the company's ambitious plans for global outreach.
Previously, the Executive Chairman role was held by Howard Lutnick, who recently stepped down after being confirmed as the 41st U.S. Secretary of Commerce. Lutnick remarked on Gosin's leadership capabilities, highlighting their decade-long partnership that has seen Newmark rise from a privately-held company to a publicly-traded giant boasting a market capitalization near $3.7 billion. This successful transition underscores the deep trust and respect that Lutnick and others within the industry have for Gosin's leadership.
Under Gosin’s command, Newmark has experienced explosive growth, with revenue soaring more than 1,000 percent since 2011. The past decade has also seen a sixfold increase in the company's commercial and multifamily origination market share. Such growth is indicative of Newmark's ability to adapt and thrive in a rapidly changing market landscape.
Following the announcement, Gosin expressed his gratitude and enthusiasm for the new chairmanship, stating, "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." This sentiment is shared among Newmark's senior leadership team, which is dedicated to delivering exceptional value to stakeholders and further solidifying Newmark's reputation in the real estate market.
Gosin’s contributions extend beyond the corporate realm. He is an active member of the Executive Committee of the Partnership for New York City and serves on the Board of Governors at the Real Estate Board of New York. His dedication to community service is evident through his position as a Trustee at Pace University and his involvement with Fountain House, an organization that advocates for mental health awareness and provides support for individuals facing mental health challenges.
Newmark’s commitment to providing tailored services and comprehensive solutions in real estate remains its core focus, with a reported annual revenue of nearly $2.8 billion for the fiscal year ending December 31, 2024. With approximately 170 offices worldwide and a workforce exceeding 8,000 professionals, Newmark is well-positioned to navigate the complexities of the global commercial real estate market.
As Newmark progresses under the combined leadership of Barry Gosin and his senior management team, clients and stakeholders alike can anticipate robust growth strategies that aim to maintain Newmark's competitive edge and elevate its industry standing even further. To learn more about Newmark and its offerings, visit their website at nmrk.com or follow them on social media @newmark.
Topics General Business）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.