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Peapack-Gladstone Bank Hires New Executive Vice President Deposit Solutions

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Bedminster, New Jersey, April 24, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announce that Rick DeBel will join Peapack-Gladstone Bank effective May 6, 2019, to fill a newly created position as Executive Vice President Deposit Solutions. Rick’s responsibilities will include strengthening and expanding the Bank’s retail and commercial deposit efforts, and overseeing its retail, platinum, treasury and escrow services teams.   

Jeffrey A. Glaush
Jeffrey A. Glaush, Senior Managing Director, Commercial Private Banker, Peapack-Gladstone Bank

 

Rick joins the Bank from Wells Fargo where he held the position of regional vice president, responsible for building and growing the bank’s commercial business, which included credit, treasury, deposits and other ancillary services.  Rick is a seasoned leader with more than 35 years in the industry where he has led teams at Bank of America/Fleet/Summit Bank.  At Bank of America, Rick was the senior vice president and senior client manager, responsible for managing a team of product partners charged with growing revenue year-over-year for a client base of over $700 million in banking products. 

“Rick is a proven leader for building and managing cross-functional teams,” said Doug Kennedy, President and Chief Executive Officer at Peapack-Gladstone Bank.  “His approach to banking focuses on teamwork, dedication and commitment.”

A resident of Lincoln Park, New Jersey, Rick holds a Bachelor of Science Degree in Accounting from William Paterson College where he graduated Magna Cum Laude.  He is the current chair of the Board of Trustees for the Christian Health Care Center in Wyckoff, NJ, and co-chair of its annual golf classic.  He is also the chair of the Board of Trustees for the Tri-County Scholarship Fund, Parsippany, NJ, and a member of the Board of Trustees of the Netherlands Reformed Savings Fund.

ABOUT THE COMPANY

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $4.62 billion and assets under management and/or administration of $5.8 billion as of December 31, 2018.  Founded in 1921, Peapack-Gladstone Bank is a commercial bank that provides innovative wealth management, 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 to establish, maintain and expand their legacy.  Together, Peapack-Gladstone Bank and Peapack Private offer an unparalleled commitment to client service.  Visit www.pgbank.com andwww.peapackprivate.com for more information.

Contact:  Denise M. Pace-Sanders, Senior Vice President Brand and Marketing Director, dpace@pgbank.com, 908.470.3322, Peapack-Gladstone Bank, 500 Hills Drive, Suite 300, Bedminster, NJ 07921.

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