BEDMINSTER, NJ, September 19, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce improvements to their equipment financing and leasing subsidiary, Peapack Capital. Dennis Smith was appointed President of the Division while Richard Johnston was appointed National Director of Sales. Together, Dennis and Rich now lead a 16-strong team operating out of Bedminster, NJ and Northborough, Massachusetts.
Denny Smith, of Hudson, New Hampshire, has been in the industry for over 30 years and joined Peapack Capital in 2017 as Senior Vice President and Chief Operating Officer of Peapack Capital. As President, Denny will focus on improving the operations and capabilities of the divisions. Prior to joining Peapack Capital, Denny led front and mid-office operational functions including pricing, structuring, buy/sell syndication, quoting, profitability analysis, incentive pay, closing functions, change management and infolease system upgrade projects for Sovereign Bank/Santander Bank, NA, as Senior Vice President and Managing Director. He also served as a director of the group during a product launch in 2012. Denny originally joined Sovereign Bank in August 2004 to launch tax and tax-free equipment leasing products across all asset classes. He spent 15 years at Fleet Capital Corporation, where he served as Vice President, National Finance Manager, developing and communicating pricing philosophy and methodology to bank account executives, leasing sales and senior management, and providing pricing and structuring support for… all responsible was leasing products. He has also been involved in providing training on leasing products to relationship managers and their clients. Before Fleet, Denny worked at Signal Capital Corporation, a non-bank equipment rental company. A graduate of the University of New Hampshire with a Bachelor of Science in Business…
