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PGC - Peapack-Gladstone Financial News Story

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Sector
Financials
Size
Mid Cap
Market Cap £480.6m
Enterprise Value £611.4m
Revenue £147.3m
Position in Universe 3298th / 7397

Brandon J. Smith Joins Peapack Capital as Senior Vice President, Head of Asset Management

Thu 18th November, 2021 4:55pm
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BEDMINSTER, NJ, Nov. 18, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire --
(https://www.globenewswire.com/Tracker?data=35LOQKkQoGOZrc9MeUqHvjinB11FKiCUMo9KgZ2YOSjsBOgDynTo97v5V4c8eU4tQwH-LJJGO_yTQia2EX1-f-hxhIF0o85-1PlHweMlscU=) Peapack-Gladstone
Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone
Bank announce the appointment of Brandon J. Smith, Senior Vice President, Head
of Asset Management, at Peapack Capital, a subsidiary of Peapack-Gladstone
Bank.  Based out of the Bank’s Short Hills, NJ location, Brandon is
responsible for all aspects of the asset management function at Peapack
Capital including equipment valuations and reviews, portfolio analyses, end of
lease negotiations, equipment inspections and dispositions.  Mr. Smith takes
on this role as successor to David Santom, Peapack Capital’s current Head of
Asset Management, who is retiring after more than 35 years in the industry.

With over 30 years of experience in the equipment finance industry, Mr.
Smith’s knowledge and experience are invaluable to the institution.  He
most recently served as Vice President, Asset Management Group Leader at
Investors Bank Equipment Finance in Iselin, NJ.   Brandon was responsible
for creating collateral valuation studies and residual development for all
lease and loan transactions and developing and maintaining relationships with
industry experts, appraisers and secondary market equipment dealers and broker
networks.  He oversaw a $950MM equipment finance portfolio of most major
asset classes.  Prior to that he served as Asset Management Officer at
Signature Financial, LLC in Melville, NY; Director of Sales at Heritage Global
Partners, San Diego, CA; Vice President, Business Development and Valuation,
Remarketing and Special Assets at Connell Finance Co., Berkeley Heights, NJ;
Lease Marketing Manager, Syndications at Mitsui Leasing Capital Corp., New
York, NY; and Assistant Vice President, Rail and Intermediary, The CIT Group,
Capital Equipment Financing in New York, NY.

Mr. Smith holds a Bachelor of Science Degree in Accounting from Villanova
University and is a member of the Equipment Leasing and Finance Association
and Turnaround Management Association.  He is actively involved in his
community as Committee Chair and Annual Master of Ceremonies of the Mountain
Lakes Memorial Day Ceremony and Parade.  He also serves as President, Board
of Directors of the Lakers Sports Club and is a volunteer counselor of the
Burn Center at St. Barnabas Medical Center in Livingston, NJ. 

About the Company

Peapack-Gladstone Financial Corporation is a NJ bank holding company with
total assets of $6.2 billion and assets under management/administration of
$10.3 billion as of September 30, 2021.  Peapack-Gladstone Bank is a
commercial bank that provides innovative wealth management, investment
banking, commercial and retail solutions, including residential lending and
online platforms to businesses and consumers.  Peapack Private, the Bank’s
wealth management division, offers comprehensive financial, tax, fiduciary and
investment advice, and solutions, to individuals, families, privately held
businesses, family offices and not-for-profit organizations, which help them
establish, maintain, and expand their legacy.  Together, Peapack-Gladstone
Bank and Peapack Private offer an unparalleled commitment to client service. 
Visit www.pgbank.com and www.peapackprivate.com for more information.

Contact:  Contact:  Rosanne Schwab, Peapack-Gladstone Bank, Assistant Vice
President, Public Relations and Corporate Communications Manager, 500 Hills
Drive, Suite 300, Bedminster, NJ  07921 rschwab@pgbank.com, (908) 719-6543.

Attachment
*     Peapack
(https://ml.globenewswire.com/Resource/Download/0dfb59b3-531d-477e-b5ae-71a76dde168d)
(https://www.globenewswire.com/NewsRoom/AttachmentNg/53b6bb79-23d0-48f1-86d7-afdb745bcf7e)
Peapack 
(https://www.globenewswire.com/NewsRoom/AttachmentNg/0dfb59b3-531d-477e-b5ae-71a76dde168d/en)
Brandon J. Smith, Senior Vice President, Head of Asset Management at Peapack
Capital, a subsidiary of Peapack-Gladstone Bank


GlobeNewswire, Inc. 2021
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