Business
Peapack-Gladstone Bank Promotes Gregory M. Smith, President of Commercial Banking and Stuart Vorcheimer, Market President and Head of Commercial and Industrial Lending at Peapack-Gladstone Bank
Bedminster, NJ, Jan. 21, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and
About this update from Peapack-gladstone Financial Corporation
[{"type":"text","content":"Bedminster, NJ, Jan. 21, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce the elevation of Gregory M. Smith to President of Commercial Banking and Stuart Vorcheimer to Market President and Head of Commercial and Industrial (C&I) Lending at Peapack-Gladstone Bank. In his new role Greg Smith will lead commercial banking across the organization, including C&I, commercial real estate and multifamily lending, equipment finance, investment banking and corporate advisory, the Bank’s platinum service team and professional services group, residential lending, the small business administration (SBA) team, and treasury management and escrow services. He will continue the Company’s focus and momentum on providing advice-led solutions to the Bank’s large-level commercial clients. Greg is a seasoned business banking professional who joined Peapack-Gladstone Bank from Capital One Bank where, for seven years, he served as the group sales executive for the Northeast and Mid-Atlantic regions, responsible for the $2 - $25 million business banking segment from Virginia to Massachusetts. During his more than 15 years with Capital One Bank, Greg held several senior-level strategic, sales and team leadership roles, where he was responsible for generating millions in new business, including both loan and deposit generation. Prior to Capital One Bank, he worked at Summit Bank for 15 years, moving up the ranks to senior regional vice president, responsible for directing a significant segment of the NJ market. Greg holds an MBA in Business Administration/Finance from Rider University, where he graduated Suma Cum Laude, and a BS in Finance from Fairleigh Dickinson University, where he also graduated with distinction. As Market President and Head of C&I Lending, Stuart Vorcheimer is responsible for leading the Bank’s team of commercial private bankers, who are focused on providing high-touch, personal client service in the Bank’s C&I lending business, while also providing wealth and deposit solutions for commercial businesses in northern NJ and the Tri-State. Stuart has 27 years of experience in the financial services industry, with a focus on middle market companies, ensuring long-term achievement of their financial goals. Prior to Peapac...