Barry Gosin to Retire as Newmark CEO After Five Decades

Gosin’s tenure, which began in 1979, saw the commercial real estate firm evolve into a global powerhouse. Under his direction, the company achieved a public listing in 2017 and expanded its footprint to roughly 10,000 professionals across 195 locations. The firm reported a significant financial trajectory, claiming an annual revenue increase of over 1,400% since 2011, outperforming several major industry competitors.

Stephen Merkel, Chairman of the Board, noted that the search for a successor is already underway, with the board expecting to appoint a new CEO by the end of the year. Gosin, who signed an agreement to remain as Chairman of the operating entity through 2029, characterized the decision as a strategic move to focus on high-impact initiatives. This leadership change comes as Newmark reports over $3.6 billion in revenue for the twelve months ending June 30, 2026, marking a pivotal shift for one of the sector's longest-serving executives.