Peapack-Gladstone Bank Hires Ron Andersen as Senior Managing Director, Commercial Private Banker

BEDMINSTER, N.J. , March 19, 2018 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce the appointment of Ron Andersen as Senior Managing Director, Commercial Private Banker at Peapack-Gladstone Bank. Mr. Andersen is responsible for building the Bank’s wealth, lending and deposit business while servicing commercial businesses in the Northern New Jersey area.

Ron Andersen, Senior Managing Director, Commercial Private Banker at Peapack-Gladstone Bank

Mr. Andersen brings to the Bank more than 30 years of experience in the financial services industry with a focus on middle-market companies, both domestically and internationally, ensuring growth and achievement of their financial goals. Most recently, he served as Senior Vice President, Relationship Manager at Capital One, N.A. where he assisted in the growth of middle-market companies with revenues in excess of $20 million in the New Jersey, New York and Eastern Pennsylvania markets. Prior to that, as Senior Vice President and Senior Relationship Manager at Santander Bank, N.A. in Short Hills, New Jersey, Ron serviced middle-market companies with revenues from $20 million to $500 million and was instrumental in growing existing portfolios via cross sell with new-to-bank relationships. Previously, as First Vice President and Commercial Executive, NJ Corporate Banking at HSBC, Mr. Andersen assisted in the creation, management and growth of the portfolio for the New Jersey corporate banking team servicing middle-market companies domiciled in New Jersey with revenues of $20 million to $2 billion.

Mr. Andersen holds a Bachelor of Arts Degree in Accounting from Montclair State University and is an active member of the national networking group, Business Forums International (Newark Chapter). Ron is also a proactive member of Our Lady of Magnificat Church in Kinnelon, New Jersey, serving in various ministry roles.

About Peapack-Gladstone Bank

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $4.26 billion as of December 31, 2017. 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 its private banking locations in Bedminster, Morristown, Princeton and Teaneck, private wealth management, commercial private banking, retail private banking and residential lending divisions and exceptional online platforms, Peapack-Gladstone Bank offers an unparalleled commitment to client service.

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

Source:Peapack-Gladstone Financial Corporation