Key Takeaways
- • Newmark appoints Mike Whitaker as Group Chief Information Officer, reporting to COO Luis Alvarado and working with Chief Strategy Officer Kyle Lutnick to drive technology, data, and information strategy across the commercial real estate services firm.
- • Whitaker brings 15+ years of senior technology leadership experience, including 15 years at Citi where he served as Head of Operations & Technology and Executive Management Team member, followed by roles at Cantor Fitzgerald as Global CIO and former COO.
- • Strategic focus on scalable, secure, and data-driven capabilities aligned with Newmark's long-term growth objectives; Whitaker will oversee Newmark's existing Chief Information Officer Sridhar Potineni and the broader technology leadership team.
- • Executive Committee appointment signals elevated importance of technology strategy as Newmark navigates accelerating innovation and competition in commercial real estate advisory and services to institutional investors and corporations.
Summary
In his new role, Whitaker will provide strategic oversight of technology, data, and information initiatives across Newmark's business units, working to align enterprise technology strategy with the company's long-term growth objectives and operational priorities. He will report directly to Chief Operating Officer Luis Alvarado and collaborate closely with Chief Strategy Officer Kyle Lutnick. The appointment to the Executive Committee underscores the centrality of technology to Newmark's advisory, operational, and growth execution capabilities.
Whitaker brings substantial experience in financial services technology leadership. Before joining Newmark, he spent 15 years at Citi in senior technology leadership roles, ultimately serving as Head of Operations & Technology and a member of the firm's Executive Management Team. Most recently, he has served as Group Chief Information Officer at Cantor Fitzgerald and previously held the position of Chief Operating Officer there. This background positions him to oversee Newmark's existing technology infrastructure and leadership, including Chief Information Officer Sridhar Potineni and the broader technology leadership team.
COO Luis Alvarado emphasized the strategic rationale for the appointment, noting that "technology and information are increasingly central to how Newmark advises clients, operates globally and executes its growth strategy." He highlighted the need for the firm to maintain focus on building "scalable, secure and data-driven capabilities" as the pace of innovation continues to accelerate in the competitive real estate services landscape.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.