Bedminster-based Peapack-Gladstone Financial Corp. and Peapack-Gladstone Bank announced a new member to the team of private bankers at Peapack Capital, a subsidiary of of the bank which focuses on equipment finance and leasing.
Rich Johnston, senior vice president, capital markets at Peapack Capital, is now responsible for indirect originations of leasing and asset finance transactions from bank lessors, independent lessors, finance companies and intermediaries in addition to all out-bound syndications.
Johnston has more than 25 years of leasing and structured finance expertise. He most recently served as director of syndications at Sumitomo-Mitsui Finance & Leasing. Prior to that, he was senior vice president, Citizens Asset Finance. Johnston also served in capital market roles at AIG Commercial Asset Finance and Siemens Financial Services Inc.