BRT Apartments (NYSE: BRT) plans CFO transition and appoints new CAO
Rhea-AI Filing Summary
BRT Apartments Corp. reported executive leadership changes in its finance team. The board appointed Matthew Gibbons as chief accounting officer effective immediately, and Isaac Kalish as chief financial officer, with his appointment to take effect when current CFO George Zweier retires, which is anticipated in the first quarter of 2026.
Gibbons, age 41, is a certified public accountant who previously held audit and assurance roles at BDO US LLP and Baker Tilly US LLP, including during BDO’s tenure as BRT’s independent auditor. Kalish, age 49, is also a certified public accountant and has been with BRT since 2004 in roles including Assistant Treasurer, Vice President and Treasurer, and Senior Vice President. The company notes there are no special arrangements under which they were selected, discloses that Kalish is the son of Senior Vice President–Finance David W. Kalish, and refers to its 2024 Form 10-K and April 2025 proxy statement for related-party transaction details.
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FAQ
What executive changes did BRT (BRT) announce in this 8-K?
BRT Apartments Corp. announced that its board appointed Matthew Gibbons as chief accounting officer, effective immediately, and Isaac Kalish as chief financial officer, with his appointment effective upon the retirement of current CFO George Zweier, which is anticipated in the first quarter of 2026.
Who is the new chief accounting officer of BRT (BRT) and what is his background?
The new chief accounting officer is Matthew Gibbons, age 41, a certified public accountant. He served as a Director of Audit and Assurance at BDO US LLP from 2015 to 2023, including while BDO was BRT’s independent auditor, and at Baker Tilly US LLP from January 2023 until he joined BRT in July 2024.
Who will become the new CFO of BRT (BRT) and when will the change occur?
Isaac Kalish has been appointed to serve as BRT’s chief financial officer, with his appointment effective upon the retirement of current CFO George Zweier. The company anticipates that Zweier will retire in the first quarter of 2026.
What experience does incoming BRT (BRT) CFO Isaac Kalish have with the company?
Isaac Kalish, age 49, is a certified public accountant who has been associated with BRT since 2004. He served as Assistant Treasurer from 2007 through 2014, as Vice President and Treasurer since 2013 and 2014, respectively, and as Senior Vice President since 2022. He also serves in various roles at related entities including One Liberty Properties, Inc. and Gould Investors L.P.
Are there any family relationships or related-party disclosures tied to BRT (BRT) executive appointments?
BRT states that Matthew Gibbons has no family relationship with its directors or officers and no transactions requiring disclosure under Item 404(a) of Regulation S-K. Isaac Kalish is the son of David W. Kalish, BRT’s Senior Vice President–Finance. Transactions involving Isaac Kalish that require disclosure under Item 404(a) are described in BRT’s Form 10-K for the year ended December 31, 2024 and its proxy statement filed April 16, 2025, which are incorporated by reference.
Were there any special arrangements leading to the appointments of BRT (BRT) executives Gibbons and Kalish?
The company reports that there are no arrangements or understandings between either Matthew Gibbons or Isaac Kalish and any other person pursuant to which they will serve in the capacities and at the times indicated.