---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-057486"
form_type: "8-K"
ticker: "ACR"
cik: "0001332551"
company_name: "ACRES Commercial Realty Corp."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:07:17.471974+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ACRES CFO Bryant retiring Dec 31; Blackwell appointed successor; Q3 net income $2.9M

## Summary
- David J. Bryant, CFO, to retire effective Dec 31, 2023 after 17 years.
- Eldron C. Blackwell appointed CFO and Treasurer effective Jan 1, 2024; was VP/CAO since March 2014.
- Linda M. Kilpatrick appointed Chief Accounting Officer, effective Jan 1, 2024; was Controller since Oct 2017.
- GAAP net income allocable to common shares was $2.9M ($0.33 diluted EPS) for Q3 2023.

## SEC filing metadata
- accession: 0000950170-23-057486
- form_type: 8-K
- ticker: ACR
- cik: 0001332551
- company_name: ACRES Commercial Realty Corp.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1332551/000095017023057486/0000950170-23-057486-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1332551/000095017023057486/acr-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-057486
- JSON: https://secwatch.observer/filing/0000950170-23-057486.json
- Plain text: https://secwatch.observer/filing/0000950170-23-057486.txt

## Key facts
- Earnings Releases
  ACRES Commercial Realty Corp. reported quarter ended September 30, 2023 results: net income $2.9 million, or $0.33 per share-diluted, EPS $0.33 per share-diluted.
  - Period: quarter ended September 30, 2023
  - Net income: $2.9 million, or $0.33 per share-diluted
  - EPS: $0.33 per share-diluted
  - Result: reported results
  source text: ACR’s GAAP net income allocable to common shares was $2.9 million, or $0.33 per share-diluted, for the quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1332551/000095017023057486/0000950170-23-057486-index.htm
- Executive change
  Eldron C. Blackwell was appointed as Chief Financial Officer, Senior Vice President and Treasurer at ACRES Commercial Realty Corp..
  - Action: appointed
  - Role: Chief Financial Officer, Senior Vice President and Treasurer
  source text: On November 1, 2023, Eldron C. Blackwell was appointed as the Company's Chief Financial Officer, Senior Vice President and Treasurer, effective January 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1332551/000095017023057486/0000950170-23-057486-index.htm
- Executive change
  David J. Bryant departed as Chief Financial Officer, Senior Vice President and Treasurer at ACRES Commercial Realty Corp..
  - Action: retire
  - Role: Chief Financial Officer, Senior Vice President and Treasurer
  source text: On November 1, 2023, David J. Bryant, Chief Financial Officer, Senior Vice President and Treasurer, informed the Company of his intention to retire effective December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1332551/000095017023057486/0000950170-23-057486-index.htm
- Executive change
  Linda M. Kilpatrick was appointed as Chief Accounting Officer, Vice President and Controller at ACRES Commercial Realty Corp..
  - Action: appointed
  - Role: Chief Accounting Officer, Vice President and Controller
  source text: Additionally, on November 1, 2023, Linda M. Kilpatrick was appointed as the Company's Chief Accounting Officer, Vice President and Controller, effective January 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1332551/000095017023057486/0000950170-23-057486-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.