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Peapack-Gladstone Financial Corporation (PGC)


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Peapack-Gladstone Financial Corporation

500 Hills Drive
Suite 300
Bedminster, NJ 07921
United States
908-234-0700
http://www.pgbank.com

SectorFinancial
IndustryRegional - Northeast Banks
Full Time Employees338

Key Executives

NameTitlePayExercisedAge
Mr. Douglas L. KennedyCEO, Pres &Director984.01kN/A60
Mr. Jeffrey J. CarforaCFO, Sr. EVP, CFO of Peapack-Gladstone Bank and Sr. EVP of Peapack-Gladstone Bank473.88kN/A58
Mr. Finn M. W. Caspersen Jr.COO, Chief Strategy Officer, Gen. Counsel, Sr. EVP, Corp. Sec. & Director523.66k11.84k47
Mr. John P. BabcockSr. EVP & Pres of Pvt Wealth Mgmt775.01kN/A59
Mr. Eric H. WaserHead of Commercial Banking & EVP422.6kN/A56
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Peapack-Gladstone Financial Corporation operates as the bank holding company for Peapack-Gladstone Bank that provides private banking and wealth management services in the United States. The company operates in two segments, Banking and Private Wealth Management. It offers checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, and individual retirement accounts. The company also provides working capital lines of credit, term loans for fixed asset acquisitions, commercial mortgages, multi-family mortgages, and other forms of asset-based financing services; and residential and commercial mortgage, home equity lines of credit, and other second mortgage loans, as well as construction loans. In addition, it offers asset management services; personal trust services, including services as executor, trustee, administrator, custodian, and guardian; corporate trust services comprising services as trustee for pension and profit sharing plans; and other financial planning and advisory services. Further, the company operates automated teller machines at 20 locations; and provides telephone and Internet banking, merchant credit card, and customer support sales services. It private banking clients include businesses, non-profits, and consumers; and wealth management clients comprise individuals, families, foundations, endowments, trusts, and estates. The company operates its private banking locations in Bedminster, Morristown, Princeton, and Teaneck, New Jersey; and wealth management branches in Somerset, Morris, Hunterdon, Middlesex, and Union counties. Peapack-Gladstone Financial Corporation was founded in 1921 and is based in Bedminster, New Jersey.

Corporate Governance

Peapack-Gladstone Financial Corporation’s ISS Governance QualityScore as of May 1, 2017 is 4. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 4; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.