GLADSTONE, N.J.--(BUSINESS WIRE)--
Peapack-Gladstone Financial Corporation (NASDAQ Global Select
Market:PGC) announces the appointment of Vincent A. Spero,
longtime resident of Ringwood, New Jersey to the position of executive
vice president and chief lending officer at Peapack-Gladstone Bank, the
holding company's wholly owned community bank. Spero joined
Peapack-Gladstone Bank in June of 2008 as senior vice president and
senior commercial lender, responsible for managing the commercial
lending sales team and maintaining the organization's commercial loan
portfolio. A graduate of Wagner College and Fairleigh Dickinson
University's MBA Program, with over 20 years of commercial banking
experience, he will now be responsible for directing the Bank's lending
function and guiding the overall lending strategy.
Mr. Spero replaces Garrett P. Bromley, former executive vice president
and chief lending officer, who announced that effective January 4, 2010
he will retire after 13 years with Peapack-Gladstone Bank and over 35
years in the financial service industry. Mr. Bromley, a dedicated and
loyal employee, has had a long and distinguished banking career working
in the community, commercial and private banking arenas where he
specialized in medical, real estate and agricultural lending. A former
company commander in the United States Army serving in Vietnam, he is a
past president of the Board of Trustees for the Oldwick, New Jersey
based Somerset Hills Handicapped Riding Center and of the Board of
Trustees for Anderson House, a recovery facility for women located in
Flemington, New Jersey. He will retire to North Carolina where he plans
to enjoy spending time with his family.
Peapack-Gladstone Financial Corporation is a bank holding company with
total assets of $1.49 billion as of September 30, 2009.
Peapack-Gladstone Bank, its wholly owned community bank, was established
in 1921 and offers a full range of quality banking products and services
to businesses and residents of Hunterdon, Middlesex, Morris, Somerset
and Union counties through 24 full-service branches and a Trust
division, PGB Trust & Investments. Peapack-Gladstone Bank offers
personal and business banking products like free checking, free online
banking, free online bill pay and mobile phone banking; in addition to
consumer and commercial lending products like auto and home equity loans
and lines of credit, residential mortgages, commercial mortgages, term
loans, lines of credit and construction loans. For additional
information about Peapack-Gladstone Financial Corporation and
Peapack-Gladstone Bank, or to open an account online, visit www.pgbank.com
or call 908-234-0700. Member FDIC. Equal Housing Lender.
Source: Peapack-Gladstone Financial Corporation
Contact: Peapack-Gladstone Financial Corporation
Denise M. Pace-Sanders, 908-470-3322
VP Marketing Director
dpace@pgbank.com
or
Peapack-Gladstone Bank
158 Route 206 North, PO Box 178
Gladstone, NJ 07934