BEDMINSTER, N.J., July  10, 2026  (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank &amp; Trust are pleased to announce the appointment of Paul

Peapack Private Appoints Paul Kotronis as Senior Managing Director, Commercial Real Estate

PGC appoints CRE veteran Kotronis to expand NY/NJ lending platform

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>BEDMINSTER, N.J., July  10, 2026  (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank &amp;amp; Trust are pleased to announce the appointment of Paul</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Peapack-Gladstone Financial announces Paul Kotronis as Senior Managing Director, CRE at Peapack Private Bank &amp; Trust. Kotronis brings 20+ years of CRE finance, including a $5 billion portfolio at Signature Bank, and will drive CRE lending growth and deposits in NY/NJ. The hire signals a renewed focus on expanding the bank&#039;s CRE franchise.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Peapack-Gladstone appoints Paul Kotronis as Senior MD, CRE. He will lead CRE lending growth.</li><li>Kotronis brings 20+ years CRE experience; previously managed a $5B CRE portfolio.</li><li>Past roles at Signature Bank, Santander, NYCB bolster credibility. Supports NY/NJ expansion.</li><li>PGC assets: $7.7B; AUM $13.1B as of 3/31/2026. CRE expansion focus may boost deposits.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Peapack-Gladstone Financial Corporation (PGC)</strong>: Announces Kotronis appointment to lead CRE growth; strategic CRE expansion in NY/NJ.</li><li><strong>Signature Bank (SBNY)</strong>: Former employer of Kotronis; significant CRE lending footprint; lends credibility to growth.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. Fitting due to a leadership change aimed at expanding the CRE franchise and deposits; could influence future revenue and risk-management dynamics.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>No immediate earnings impact; stock may react to CRE growth signals.</li><li>Hiring could improve risk controls and regulatory compliance in CRE lending.</li><li>Positive sentiment if NY/NJ CRE expansion translates to higher loan book growth.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Appointment: Paul Kotronis named Senior Managing Director, CRE at Peapack Private Bank &amp; Trust (date: 7/10/2026).</li><li>Experience: 20+ years in CRE financing; previously managed a $5B CRE portfolio at Signature Bank.</li><li>PGC metrics: total assets $7.7B; AUM $13.1B as of 3/31/2026.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish over 6–12 months if CRE lending growth accelerates and deposits rise.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>BEDMINSTER, N.J., July  10, 2026  (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank &amp; Trust are pleased to announce the appointment of Paul Kotronis as Senior Managing Director, Commercial Real Estate. In this role, Kotronis will support and expand the Bank’s Commercial Real estate lending platform, drive relationship-based deposit growth, and further strengthen Peapack Private’s presence in the New York and New Jersey markets.  </p>  <p>"Paul&#39;s extensive commercial real estate lending experience, deep market relationships, and proven leadership make him an exceptional addition to our team,&#34; said Joseph Fingerman, Senior Managing Director and President of Commercial Real Estate, Peapack Private Bank &amp; Trust. &#34;His expertise in multifamily and commercial real estate finance will further enhance our ability to serve clients and support the continued growth of our lending platform.&#34;</p>  <p>Paul brings more than 20 years of commercial real estate finance experience, with a proven track record of building large-scale lending platforms, managing multi-billion-dollar portfolios, and driving profitable loan growth across diverse markets. He has extensive expertise in multifamily and commercial real estate lending and is recognized for balancing business growth objectives with disciplined risk management and regulatory compliance.  </p>  <p>Prior to joining Peapack Private, Paul served as Group Director and Senior Vice President, CRE Group, at Signature Bank where he managed a $5 billion commercial real estate portfolio with strong credit performance. During his tenure, he led and mentored a team of lenders and analysts, cultivated relationships with leading New York and New Jersey real estate sponsors, and originated more than $4 billion in multifamily and commercial real estate loans.</p>  <p>Kotronis also previously held the position of Director and Senior Vice President at A&amp;E Real Estate Finance, where he played a key role in launching a new commercial real estate debt fund platform where he developed lending policies, underwriting standards, and operational infrastructure.</p>  <p>His prior experience also includes leadership roles at Santander Bank and New York Commercial Bank where he held positions of increasing responsibility in commercial real estate lending, underwriting, portfolio management, and relationship management.</p>  <p>Kotronis earned a Master of Business Administration (MBA) in Finance and Real Estate from the Zicklin School of Business at Baruch College and a Bachelor of Arts in Economics with a minor in Mathematics from Hunter College. Active in the community, Paul has served as Co-Chairman and Benefactor of the Annual Greek Independence Day Parade and is a board member of the Federation of Hellenic Societies and President of the Eleftheriani Benevolent Society.</p>  <p><b>About the Company</b></p>  <p align="justify">Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $7.7 billion and assets under management and/or administration of $13.1 billion as of March 31, 2026. Founded in 1921, Peapack Private Bank &amp; 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&#39;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. Peapack Private Bank &amp; Trust offers an unparalleled commitment to client service. Visit www.peapackprivate.com for more information.</p>  <p align="center">###</p>  <p>Contact: Rosanne Schwab, Peapack Private Bank &amp; Trust, Vice President, Public Relations and Corporate Communications Manager, 500 Hills Drive, Suite 300, Bedminster, NJ 07921 rschwab@peapackprivate.com, (908) 719-6543.</p> <p id="gnw_attachments_section-header">
    <strong>Attachment</strong>
</p>
<ul id="gnw_attachments_section-items">
            <li>
        <a target="_blank" href="https://ml.globenewswire.com/Resource/Download/a51376c7-37e1-40f1-bf81-f37de6eef301">Paul Kotronis</a>
      </li>
      </ul>
<img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc2MDUxNyM3NzAxMjczIzIxODU3NTU="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/YjIxYTk4NjktOTUxYi00YjkxLWJiMWItNjMyMWMyNjhhYzhlLTExOTczMDktMjAyNi0wNy0xMC1lbg==/tiny/Peapack-Gladstone-Financial-Co.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/cf65999d-4468-4f49-a043-7681af3cd6c6"><img src="https://ml.globenewswire.com/media/cf65999d-4468-4f49-a043-7681af3cd6c6/small/peapack-private-logo-horizontal-gold-rgb-002-png.png" border="0" width="150" height="33" alt="Primary Logo"></img></a></p>

Peapack-Gladstone Financial announces Paul Kotronis as Senior Managing Director, CRE at Peapack Private Bank & Trust. Kotronis brings 20+ years of CRE finance, including a $5 billion portfolio at Signature Bank, and will drive CRE lending growth and deposits in NY/NJ. The hire signals a renewed focus on expanding the bank's CRE franchise.

Peapack Private Appoints Paul Kotronis as Senior Managing Director, Commercial Real Estate

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News