Luis Alvarado promoted to COO at Newmark, effective April 7, 2025

NEWMARK GROUP, INC.

Previously Chief Revenue Officer and East Region Market Leader since 2018.
Annual salary of $1M; eligible for bonuses and equity awards including 88,731 NPSUs vesting April 2027.
Prior $690K bonus award modified to remove repayment obligations upon COO appointment.
Alvarado's sons employed by Newmark; 2024 comp ~$960K and ~$215K disclosed.
Will report to CEO Barry Gosin, overseeing global operations for Investor and Occupier Solutions and Management Services.

item 5.02 item 7.01 item 9.01

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Role change

Luis Alvarado

Chief Operating Officer

NMRK · NEWMARK GROUP, INC.

Effective: 2025-04-07
Filed: April 8, 2025, 7:59 PM ET

On April 7, 2025, Newmark Group, Inc. (the “Company” or “Newmark”) appointed Luis Alvarado to serve as Chief Operating Officer of the Company.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Luis Alvarado was appointed as Chief Operating Officer at NEWMARK GROUP, INC..

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On April 7, 2025, Newmark Group, Inc. (the “Company” or “Newmark”) appointed Luis Alvarado to serve as Chief Operating Officer of the Company.

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NEWMARK GROUP, INC. filing history →

Source: SEC EDGAR

accession 0001213900-25-029951

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