PGC Peapack-Gladstone Financial Corp.

Peapack-Gladstone Bank Hires Kenneth R. Geiger, Senior Vice President, Special Assets

Peapack-Gladstone Bank Hires Kenneth R. Geiger, Senior Vice President, Special Assets

BEDMINSTER, N.J., Aug. 28, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce the appointment of Kenneth R. Geiger as Senior Vice President, Special Assets at Peapack-Gladstone Bank.  Working out of the Bank’s Headquarters in Bedminster, New Jersey, Mr. Geiger’s primary role includes managing various workout situations and processes for the Bank.  Responsibilities also include managing the workout portfolio, recommending risk rating changes and impairment levels to executive management, negotiating with borrowers, developing workout strategies, assisting with policy and procedure updates and other credit-related matters.

An accomplished financial professional, Mr. Geiger brings to the Bank 25 years of banking experience previously serving as Special Assets Director, Capital One Bank where he was responsible for portfolio management, sales and restructuring.  Prior to that he served as Vice President, Special Assets and Portfolio Management at The CIT Group, Inc.; Vice President, Portfolio Manager at Merrill Lynch Global Bank Group; and in equally impressive roles at Bank of America and FleetBoston Financial.

Ken is a resident of Morris Plains, New Jersey, member of the New Jersey State Bar and holds RMA CRC designation. He earned a Bachelor of Arts Degree from Loyola University, MBA from the University of Baltimore and Juris Doctor from Seton Hall University School of Law.

About the Company

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $4.27 billion and assets under management and/or administration of $5.7 billion as of June 30, 2018.  Founded in 1921, Peapack-Gladstone Bank is a commercial bank that provides innovative private banking services to businesses, non-profits and consumers, which help them to establish, maintain and expand their legacy.  Through Peapack Private Wealth Management and its private banking locations in Bedminster, Gladstone, Fairfield, Morristown, Princeton and Teaneck, and its trust office in Greenville, DE, Peapack-Gladstone Bank offers an unparalleled commitment to client service through its private wealth management, commercial private banking, retail private banking and residential lending divisions, along with its online platforms.

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

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