---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-015307"
form_type: "8-K"
ticker: "NMRK"
cik: "0001690680"
company_name: "NEWMARK GROUP, INC."
filed_at: "2025-02-19T23:59:59+00:00"
generated_at: "2026-05-26T11:59:04.566719+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-015307
- form_type: 8-K
- ticker: NMRK
- cik: 0001690680
- company_name: NEWMARK GROUP, INC.
- filed_at: 2025-02-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690680/000121390025015307/0001213900-25-015307-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690680/000121390025015307/ea0231341-8k_newmark.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-015307
- JSON: https://secwatch.observer/filing/0001213900-25-015307.json
- Plain text: https://secwatch.observer/filing/0001213900-25-015307.txt

## Key facts
- Executive change
  Barry Gosin was appointed as Principal Executive Officer at NEWMARK GROUP, INC..
  - Action: appointed
  - Role: Principal Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690680/000121390025015307/0001213900-25-015307-index.htm
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690680/000121390025015307/0001213900-25-015307-index.htm
- Executive change
  Kyle Lutnick was appointed as Director at NEWMARK GROUP, INC..
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690680/000121390025015307/0001213900-25-015307-index.htm

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