Howard Lutnick resigns as Exec Chairman/Board after confirmed as Commerce Secretary; successors appointed

NEWMARK GROUP, INC.

Howard Lutnick stepped down as Exec Chairman and Board member on Feb 18, 2025, after being confirmed as 41st U.S. Secretary of Commerce.
Howard Lutnick agreed to divest his Newmark interests to comply with government ethics rules; no open-market sale expected.
Barry Gosin (CEO) named Principal Executive Officer and Chairman of Newmark & Company Real Estate, Inc.
Stephen Merkel (EVP & Chief Legal Officer) appointed Chairman of the Board; entered Change in Control Agreement accelerating vesting of Holdings Units.
Kyle Lutnick (son of Howard, age 28) appointed to the Board; no compensation or committee roles.

item 3.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Barry Gosin

Principal Executive Officer

NMRK · NEWMARK GROUP, INC.

Effective: 2025-02-18
Filed: February 19, 2025, 6:59 PM ET

The Board appointed the Company’s Chief Executive Officer, Barry Gosin, as Principal Executive Officer of the Company following Howard Lutnick’s confirmation as the 41st Secretary of Commerce and departure from the Company.

Departed

Howard Lutnick

Executive Chairman and Chairman of the Board

NMRK · NEWMARK GROUP, INC.

Effective: 2025-02-18
Filed: February 19, 2025, 6:59 PM ET

Howard Lutnick, Chairman of the Board of Directors (the “Board”) and Executive Chairman of Newmark, informed the Company that he has stepped down as Chairman of the Board and Executive Chairman of the Company, effective February 18, 2025, as a result of his confirmation by the United States Senate as the 41st Secretary of Commerce.

Appointed

Kyle Lutnick

Director

NMRK · NEWMARK GROUP, INC.

Effective: 2025-02-18
Filed: February 19, 2025, 6:59 PM ET

On February 18, 2025, the Board appointed Kyle Lutnick to serve as a member of the Board, effective February 18, 2025, for a term to expire at the earlier of the 2025 Annual Meeting of Stockholders of the Company, or until his successor is duly elected and qualified.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Barry Gosin was appointed as Principal Executive Officer at NEWMARK GROUP, INC..

Action: appointed
Role: Principal Executive Officer

Exact text from the filing

The Board appointed the Company’s Chief Executive Officer, Barry Gosin, as Principal Executive Officer of the Company following Howard Lutnick’s confirmation as the 41st Secretary of Commerce and departure from the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Howard Lutnick departed as Executive Chairman and Chairman of the Board at NEWMARK GROUP, INC..

Action: stepped down
Role: Executive Chairman and Chairman of the Board

Exact text from the filing

Howard Lutnick, Chairman of the Board of Directors (the “Board”) and Executive Chairman of Newmark, informed the Company that he has stepped down as Chairman of the Board and Executive Chairman of the Company, effective February 18, 2025, as a result of his confirmation by the United States Senate as the 41st Secretary of Commerce.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kyle Lutnick was appointed as Director at NEWMARK GROUP, INC..

Action: appointed
Role: Director

Exact text from the filing

On February 18, 2025, the Board appointed Kyle Lutnick to serve as a member of the Board, effective February 18, 2025, for a term to expire at the earlier of the 2025 Annual Meeting of Stockholders of the Company, or until his successor is duly elected and qualified.

View on SEC.gov

NEWMARK GROUP, INC. filing history →

Source: SEC EDGAR

accession 0001213900-25-015307

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