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Dennis R. Magarro is Promoted to Senior Vice President, Senior Underwriter at Peapack Capital, a Subsidiary of Peapack-Gladstone Bank


BEDMINSTER, N.J., Aug. 13, 2018 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announce the promotion of Dennis R. Magarro to Senior Vice President, Senior Underwriter at Peapack Capital, a subsidiary of Peapack-Gladstone Bank.  Dennis is responsible for credit and underwriting functions at Peapack Capital which focuses on equipment finance and leasing. 

Dennis R. Magarro
Dennis R. Magarro, Senior Vice President, Senior Underwriter at Peapack Capital, a subsidiary of Peapack-Gladstone Bank

Mr. Magarro is a results-driven credit professional with 18 years of equipment leasing and structured finance experience in a broad range of industries and assets with diverse corporate lending organizations spanning integral positions in credit analysis, underwriting, risk and portfolio management, finance and accounting.  Prior to joining Peapack Capital, Dennis held key positions at Santander Bank, N.A., MUFG/The Bank of Tokyo-Mitsubishi Capital Leasing and Finance, RBS/Citizens Asset Finance, General Electric Company/GE Capital, and Arthur Andersen LLP.  At RBS/Citizens Asset Finance, Mr. Magarro was a member of the President's Advisory Council and received the President's Outstanding Achievement Award in 2012.

Mr. Magarro holds a Bachelor of Arts Degree in Accounting from Quinnipiac University and served as President of the Senior Class, Student Government Association.  He earned an MBA in Finance from Sacred Heart University.  Originally from Paramus, NJ, he now resides in Shrewsbury, MA.  Mr. Magarro is active in the community, leading several fundraising and awareness events for the Leukemia and Lymphoma Society.  He is also a general board member, commissioner and coach for the Shrewsbury Little League.

About the Company

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $4.27 billion and assets under management and/or administration of $5.7 billion as of June 30, 2018.  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 and wealth management locations in Bedminster, Gladstone, Fairfield, Morristown, Princeton and Teaneck, and a trust office in Greenville, DE, Peapack-Gladstone Bank offers an unparalleled commitment to client service through its private wealth management, commercial private banking, retail private banking and residential lending divisions, along with its online platforms.

Contact:  Rosanne Schwab, Peapack-Gladstone Bank, Assistant Vice President, Public Relations and Corporate Communications Manager, 500 Hills Drive, Suite 300, Bedminster, NJ  07921, (908) 719-6543.


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