Peapack-Gladstone Bank Hires New Senior Managing Director, Commercial Private Banker

Rhea-AI Summary

Peapack-Gladstone Financial Corporation (NASDAQ: PGC) has appointed Maureen O’Hara as the Senior Managing Director, Commercial Private Banker for Commercial & Industrial (C&I) at Peapack-Gladstone Bank. Based in Teaneck, she will enhance the bank's commercial portfolio and deliver tailored solutions. O’Hara brings extensive experience from her role at Wells Fargo, where she managed upper-end business banking relationships. With total assets of $6.0 billion and wealth management assets of $7.6 billion, Peapack-Gladstone is committed to innovative financial services for businesses and consumers.

Positive

• Appointment of Maureen O’Hara expected to strengthen the commercial banking sector.
• O’Hara's extensive experience in managing high-value relationships is likely to enhance client service.

Negative

• Transition period may create initial disruptions in existing relationships.

Bedminster, NJ, Jan. 20, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market:  PGC) and Peapack-Gladstone Bank are proud to announce the appointment of Maureen O’Hara, Senior Managing Director, Commercial Private Banker, Commercial & Industrial (C&I).  Headquartered in the Bank’s Teaneck location, Ms. O’Hara is responsible for growing a portfolio of commercial clients in the Bank’s markets and providing customized solutions through personal client service in the Commercial and Industrial (C&I) business.  Ms. O’Hara has extensive financial services experience in the acquisition, management and growth of high-value commercial relationships.  She is a team player and will reinforce and expand Peapack-Gladstone Bank’s footprint in the commercial arena.  

Previously, as Principal Relationship Manager at Wells Fargo Bank in Summit, NJ, Maureen managed relationships in the upper end of the business banking segment with a strong emphasis on the management of credit acquisition for asset-based lending, commercial real estate and capital finance.  Prior to that she held financial services positions at United Jersey Bank/Summit Bank/Fleet Bank as Vice President and Commercial Market Manager and Relationship Manager, where she oversaw territories in western Essex County, managing business development and a loan portfolio in the local markets she covered.  Additionally, as Commercial Loan Officer at United National/PNC Bank and First Fidelity Bank she managed a solid book of small businesses. 

Maureen holds a Bachelor of Science degree in Business and Finance from Mount St. Mary’s College in Emmitsburg, Maryland and is a former mentor for the Rutgers University Wings Mentoring Program. 

About Peapack-Gladstone Bank

Founded in 1921, Peapack-Gladstone Financial Corporation is a NJ bank holding company with total assets of $6.0 billion and wealth management assets under management and/or administration of $7.6 billion as of September 30, 2020.  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 establish, maintain and expand their legacy.  Together, Peapack-Gladstone Bank, Peapack Private and Peapack Capital, offer an unparalleled commitment to client service.  Visit www.pgbank.com and www.peapackprivate.com for more information.

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

• Maureen O'Hara

FAQ

Who is Maureen O'Hara and what is her role at Peapack-Gladstone?

Maureen O'Hara has been appointed as Senior Managing Director, Commercial Private Banker in charge of C&I at Peapack-Gladstone Bank.

What experience does Maureen O'Hara bring to Peapack-Gladstone?

She has extensive financial services experience, including management of upper-end business banking relationships at Wells Fargo.

How will Maureen O'Hara's appointment impact Peapack-Gladstone?

Her appointment is expected to strengthen and expand the bank's footprint in the commercial sector.

What are the total assets of Peapack-Gladstone Financial Corporation?

As of September 30, 2020, Peapack-Gladstone Financial Corporation had total assets of $6.0 billion.