Thomas Brower Joins Peapack-Gladstone Bank

BEDMINSTER, NJ--(Marketwired - May 5, 2016) - Peapack-Gladstone Financial Corporation (NASDAQ: PGC) and Peapack-Gladstone Bank announce the appointment of Thomas Brower, Senior Managing Director, Commercial Private Banking. Headquartered in the Bank's Princeton location, Mr. Brower is responsible for further growth of the commercial and industrial lending business and expanding regional influence with a focus on providing exceptional client service and the bank's unique private banking experience.

Mr. Brower brings to the bank more than 19 years of financial services experience focused on new business, increased portfolio fee income and credit risk management. He has a proven track record in forging new business relationships and achievement of revenue growth and profitability. Most recently, Thomas served as Senior Vice President, Business Development Officer at PNC Bank responsible for the development of highly effective sales strategies for companies located in the New York Metro area. Prior to that he was Senior Vice President, Business Development Officer at JP Morgan Chase in Philadelphia. Earlier, Mr. Brower held equally impressive roles, providing financial solutions to corporate and institutional clients as Director, Business Development Officer at Wells Fargo in New York City; Vice President, Portfolio Manager at Princeton Advisory Group in Princeton, New Jersey; and as Vice President, Investment Banking at Bank of America, New York, New York.

A resident of Freehold, New Jersey, Mr. Brower earned a Bachelor of Science Degree in Finance from Monmouth University and has completed the Chartered Financial Analyst Level I program.

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $3.47 billion as of March 31, 2016. Founded in 1921, Peapack-Gladstone Bank is a commercial bank that provides innovative private banking services to businesses, non-profits and consumers, which help them to establish, maintain and expand their legacy. Through its private banking locations in Bedminster, Morristown, Princeton and Teaneck, its wealth management, commercial private banking and retail private banking divisions and its online platforms, Peapack-Gladstone Bank offers an unparalleled commitment to client service.