Peapack-Gladstone Financial Corporation, parent of Peapack-Gladstone Bank, has hired Ron Andersen as senior managing director of its Commercial Private Banking unit, a new position.
Andersen will be responsible for building the Bank’s wealth, lending and deposit business while servicing commercial businesses in the Northern New Jersey area. Anderson was formerly senior vice president, relationship manager, at Capital One, assisting in the growth of middle-market companies with revenues in excess of $20 million in the New Jersey, New York and Eastern Pennsylvania markets.
“A new position was created for Ron Andersen in the Teaneck location,” said Stuart Vorcheimer, Peapack-Gladstone Bank Market president, in an email to NJBIZ. “The position was created as part of Peapack-Gladstone Bank’s overall growth strategy in the Commercial Banking group. Ron’s experience and knowledge of the New Jersey market is a natural fit for the Bank’s growth strategy in the Commercial Bank space.”
Peapack-Gladstone has about $4.26 billion in assets and has branches in Bedminster, Morristown, Princeton and Teaneck.