Sundar PichaiSundar Pichai earned $164M in 2023
N

Barry M. Gosin

Founder and CEO of Newmark Group, Inc.

Education

Not specified

Field of Expertise

Real Estate & Construction - Real Estate

Born

January 1, 1951 - 74 years ago

Economy Sector

Real Estate

Current Tenure

46 years 1 month (Jan 1979 - Present)

Previous Experience

Principal at Newmark Group since 1978

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...

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.