Oct. 4, 2012
/PRNewswire/ -- Frank A. Kissel, Chairman of Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) announced today that the Board of Directors has unanimously appointed Mr.
Douglas L. Kennedy
as CEO and Director of the Company effective
Mr. Kennedy joins the Company with nearly 35 years of commercial banking experience, including key executive level positions with Summit Bank, Fleet Bank, North Fork Bank and, most recently, Capital One Bank. Mr. Kissel noted, "Doug is a passionate, competitive, creative and versatile executive, with a proven track record. Doug's significant experience and accomplishments in
commercial banking make him well suited to lead our Company."
Mr. Kennedy said, "Peapack-Gladstone Bank and PGB Trust & Investments have a long and proud history. Over the past several years the Company has moved in a very positive direction, with strong overall performance and growth in earnings and stock price. I look forward to the opportunity to grow the business and take the Company to the next level of community banking."
ABOUT THE CORPORATION
Peapack-Gladstone Financial Corporation is a bank holding company with total assets of
, 2012. Peapack-Gladstone Bank, its wholly-owned community bank, was established in 1921, and has 23 branches in
and Union Counties. The Bank's Trust Division, PGB Trust & Investments, operates at the Bank's corporate offices located at 500 Hills Drive in
and at four other locations in
Summit, New Jersey
, Pennsylvania. To learn more about Peapack-Gladstone Financial Corporation and its services please visit our website at
or call 908-234-0700.
Jeffrey J. Carfora
, EVP and CFOPeapack-Gladstone Financial CorporationT: 908-719-4308
SOURCE Peapack-Gladstone Financial Corporation