---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-101026"
form_type: "8-K"
ticker: "NMRK"
cik: "0001690680"
company_name: "NEWMARK GROUP, INC."
filed_at: "2024-11-21T23:59:59+00:00"
generated_at: "2026-05-29T20:55:45.731750+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Newmark Executive Chairman Howard Lutnick nominated for U.S. Commerce Secretary; will step down upon Senate confirmation

## Summary
- Lutnick nominated by President Trump to serve as 41st U.S. Secretary of Commerce.
- Upon Senate confirmation, Lutnick will step down as Executive Chairman of Newmark and from roles at Cantor and BGC.
- Lutnick intends to divest his interests in these companies to comply with government ethics rules; no open-market sales expected.
- Newmark expects no changes to its existing corporate structure; CEO Barry Gosin and management team to continue leading.
- Newmark generated revenues of approximately $2.6 billion for the twelve months ended September 30, 2024.

## SEC filing metadata
- accession: 0001213900-24-101026
- form_type: 8-K
- ticker: NMRK
- cik: 0001690680
- company_name: NEWMARK GROUP, INC.
- filed_at: 2024-11-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690680/000121390024101026/0001213900-24-101026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690680/000121390024101026/ea0221897-8k_newmark.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-101026
- JSON: https://secwatch.observer/filing/0001213900-24-101026.json
- Plain text: https://secwatch.observer/filing/0001213900-24-101026.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.