Real-estate giant Newmark hires longtime JLL tech executive Sridhar Potineni as chief information officer Summary List Placement Real estate tech veteran Sridhar Potineni will become Newmark's chief information officer, Insider can exclusively reveal. Potineni joins the commercial real estate services and brokerage company after more than 20 years at rival JLL, where he was most recently the chief technology officer of the capital markets team. As CIO, Potineni will be in charge of business-critical operations like finance, human resources, cybersecurity, and tech infrastructure and networking, while also helping to digitize core parts of Newmark's business, the company announced Wednesday. He also plans to lead the transformation of business processes at the firm as the commercial real estate industry rapidly adopts new technologies. Newmark, which helps companies buy, acquire, lease, and operate real estate holdings, is one of the industry's largest firms. The company has 18,800 employees in roughly 500 offices worldwide and booked $1.8 billion in revenue in 2020. In 2011, it was acquired by BGC Partners, a financial services firm spun out of parent company Cantor Fitzgerald.