EQS-News: Peapack Private Bank & Trust Hires Ari Kramer as Senior Managing Director

BEDMINSTER, NJ - January 22, 2025 (NEWMEDIAWIRE) - Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust are proud to announce that Ari Kramer has joined the Bank as Senior Managing Director, Sponsor Finance, focused on private equity-backed financing and cash-flow lending.  Based at the Bank’s Teaneck location, he is responsible for building and maintaining robust client relationships, ensuring exceptional client satisfaction by providing expert, tailored advice on banking products and services to meet their unique financial needs.

With over 15 years of experience in the financial services industry, Ari has demonstrated exceptional leadership and expertise.  Most recently, he served as Executive Vice President, Sponsor Finance at California Bank of Commerce, where he successfully established the New York City office and expanded the bank’s Sponsor Finance practice on the East Coast.  Ari’s prior roles include Associate Director of Leveraged Finance at Investor’s Bank. He also held positions at Citi Private Bank and Commercial Lending group at TD Bank in NY.

Ari holds an MBA with a concentration in Finance, Banking and Accounting from New York University’s Stern School of Business, and a Bachelor of Science in Finance, with a minor in Economics, from Kean University.

About the Company

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $6.8 billion and assets under management and/or administration of $12.1 billion as of September 30, 2024.  Founded in 1921, Peapack Private Bank & Trust is a commercial bank that offers a client-centric approach to banking, providing high-quality products along with customized and innovative wealth management, investment banking, commercial and personal banking solutions. 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. Peapack Private Bank & Trust offers an unparalleled commitment to client service. Visit www.peapackprivate.com for more information. 

Contact:  Rosanne Schwab, Peapack Private Bank & Trust, Vice President, Public Relations and Corporate Communications Manager, 500 Hills Drive, Suite 300, Bedminster, NJ  07921 rschwab@peapackprivate.com (908) 719-6543.

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