Barry M. Gosin is the CEO of Newmark Group, Inc., a real estate services firm. He has been leading the company since its initial public offering in December 2017 and has a strong background in real estate. Educated at the University of Maryland, Barry has built a reputation in the industry, evidenced by his impressive compensation structure. In 2023, his total compensation was about $47.7 million, which included a base salary of $1 million, a discretionary bonus of $5 million, and significant equity awards valued at around $40 million. Notably, in 2022 he received a total of $2.6 million, showing a sharp increase in his earnings over the past couple of years. Barry's recent employment contract reflects his critical role in Newmark's success, focusing on aligning executive compensation with business growth and stockholder value. He has a well-structured agreement that potentially allows him to earn up to $12.5 million annually through 2025. Barry is also involved in various performance metrics that drive the company's profitability, ensuring his interests align with those of the shareholders. His commitment to the firm and the larger real estate business is evident, as he has been with Newmark through significant transitions, contributing to its growth and stability in a competitive market.

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Barry M. Gosin

Founder and CEO of Newmark Group, Inc.

Education

Not specified

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

Born

January 1, 1951 - 74 years ago

CEO of Newmark Group, Inc. for

46 years 4 months (Jan 1979 - Present)

Previous Experience

Principal at Newmark Group since 1978

Rivals

Competitors/colleagues of Barry M. Gosin

Robert E. Sulentic

CEO of CBRE Group

2023 Compensation

Stock

$0.00

Salary

$1.25M

Bonus

$2.35M

Other

$6.00K

Total Holdings

$165.57M

Hessam Nadji

CEO of Marcus & Millichap

2023 Compensation

Stock

$2.46M

Salary

$700.00K

Bonus

$811.85K

Other

$8.50K

Total Holdings

$7.82M

Theodore J. Klinck

CEO of Highwoods Properties

2023 Compensation

Stock

$1.12M

Salary

$757.50K

Bonus

$1.22M

Other

$191.46K

Total Holdings

$12.73M

William M. Walker

CEO of Walker & Dunlop

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$350.00K

Other

$0.00

Total Holdings

$78.54M

Nicholas I. Fink

CEO of Fortune Brands Innovations

2023 Compensation

Stock

$7.31M

Salary

$1.24M

Bonus

$1.97M

Other

$275.23K

Total Holdings

$19.20M

Holdings

See how much did Barry M. Gosin make over time.

As of 2023, Barry M. Gosin holds a substantial number of Newmark Holdings partnership units, including 2,034,806 units. His wealth has fluctuated significantly based on the performance of these units and the company’s overall market conditions. In 2020, Gosin's wealth was impacted as the value of his holdings was tied to the stock price of Newmark, which faced challenges in a competitive environment. Over the years, he has strategically managed his investments, focusing heavily on partnership units rather than traditional stock options. His financial stakes in Newmark Holdings reflect not only a strong commitment but also a personal investment in the firm's success. As the company evolved, so did his holdings, which have grown from earlier years with lower valuations to significant numbers today, especially after the substantial stock awards granted in recent fiscal years. The fluctuations in his wealth are closely monitored, showing his alignment with Newmark's journey through ups and downs in the industry.

Mar 11, 2025

NMRK @ $12.49

Insider Trading

See recent insider trades of Barry M. Gosin.

NMRK

189,024 shares

NMRK

Mar 30, 2023

Received

NMRK

446,711 shares

NMRK

Dec 21, 2021

Received

NMRK

12,500 shares

NMRK

Jun 28, 2021

Received

NMRK

$9.58K

NMRK at $7.98/share

May 15, 2019

Purchase

NMRK

$4.36M

NMRK at $7.77/share

May 10, 2019

Purchase

NMRK

$950.86K

NMRK at $9.25/share

Dec 12, 2018

Purchase

NMRK

$5.41M

NMRK at $9.25/share

Dec 11, 2018

Purchase

NMRK

$2.63M

NMRK at $8.59/share

Dec 10, 2018

Purchase

NMRK

327,746 shares

NMRK

Mar 12, 2018

Received

Compensation History

See how much did Barry M. Gosin make over time.

In 2023, Barry M. Gosin's total compensation reached $47.7 million. This was comprised of a base salary of $1 million, a cash bonus of $6.5 million, and sizable equity awards totaling about $40 million. The significant increase in pay from previous years (only $2.6 million in 2022) highlights his key role in leading the company through a growth phase. His bonus structure is linked to performance metrics tied to company profits and revenue growth, meaning he earns more when Newmark does better. This approach aligns Barry’s interests with those of shareholders, as his personal wealth is directly tied to Newmark’s performance. His compensation plan consists of a guaranteed salary plus potential bonuses, demonstrating an incentivized structure designed to reward impactful leadership and business growth. Over the years, Barry's earnings have shown significant swings related to the company's overall performance and market challenges, reflecting both his robust commitment to the company and the competitive nature of the real estate sector.

Year

2023

Total Compensation

$47.74M

Salary

$1.00M

Board Justification

The compensation program is designed to integrate compensation with the achievement of short- and long-term business objectives and to assist in attracting, motivating and retaining high-quality executive officers while rewarding them for superior performance.

Bonus

$6.50M

Board Justification

The $6,500,000 in column (d) for 2023 represents the $5,000,000 discretionary cash bonus paid to Mr. Gosin in 2023 and approved by the Compensation Committee on December 12, 2023 and the $1,500,000 cash bonus Mr. Gosin received with respect to 2023 pursuant to the terms of the Gosin Employment Agreement.

Other

$238.74K

Board Justification

Mr. Gosin receives the use of a car and driver in connection with Mr. Gosin’s duties. Such personal benefits had an aggregate incremental cost of approximately $238,735 in 2023.

Restricted Stock

$40.00M(4.58M NPSU)

Board Justification

The 2023 amount of $40,000,000 under column (e) for Mr. Gosin represents the fair value at the time of grant of 4,581,902 non-exchangeable Newmark Holdings NPSUs granted in 2023 at $8.73 per unit, which had a schedule for the grant of exchange rights pursuant to the terms of the Gosin Employment Agreement.

Performance Metrics

The performance metrics for 2023 included achieving operating profits or Adjusted Earnings annually for 2023, or improvement in gross revenue or total transaction volumes compared to 2022.