Barry Gosin to step down as Newmark CEO after five decades

The departure marks the end of an era for the commercial real estate firm, which Gosin helped transform into a global powerhouse. Under his tenure, Newmark achieved a rapid trajectory, including a 2017 initial public offering and a revenue increase exceeding 1,400% since 2011. The company now employs approximately 10,000 professionals across 195 locations worldwide.

Stephen Merkel, Chairman of the Board, credited Gosin with building a deep leadership bench capable of sustaining the company’s growth. The Board of Directors intends to name a successor by the end of the year. For his part, Gosin plans to pivot from day-to-day management to focus on high-impact strategic initiatives, ensuring stability as the firm enters its next chapter.