Newmark Group, Inc. announced that Barry Gosin will step down as Chief Executive Officer on December 31, 2026, after nearly five decades with the firm. Gosin entered into a Third Amended and Restated Employment Agreement extending his tenure through December 31, 2029, during which he will serve as Chairman of Newmark & Company Real Estate, Inc., the company's operating entity. For the period from 2027 to 2029, Gosin is entitled to aggregate annual compensation of $5,000,000, consisting of a $1,000,000 base salary and a $4,000,000 cash bonus. The Board expects to identify a new CEO by year-end to ensure an orderly transition. Newmark Group, Inc. is a leading commercial real estate advisor and service provider.

Newmark Group, Inc. reported financial results for the quarter ended June 30, 2026, announcing total revenues of $888.4 million, a 17% increase year-over-year. GAAP net income available to common stockholders was $19.7 million, while post-tax Adjusted Earnings reached $97.5 million, up 25.5%. The company declared a quarterly cash dividend of $0.06 per share, payable on August 28, 2026, to shareholders of record as of August 14, 2026. Newmark reaffirmed its full-year 2026 outlook for total revenues between $3.775 billion and $3.875 billion and Adjusted EPS between $1.87 and $1.98. The firm operates in the commercial real estate services industry, providing advisory, brokerage, and management solutions to institutional investors and corporate clients.