Peapack-Gladstone Financial Corporation and Peapack Private Bank & Trust have appointed Paul Kotronis as Senior Managing Director, Commercial Real Estate, effective July 10, 2026. Kotronis will support and expand the bank's commercial real estate lending platform, drive relationship-based deposit growth, and strengthen Peapack Private's presence in the New York and New Jersey markets.

Joseph Fingerman, Senior Managing Director and President of Commercial Real Estate at Peapack Private Bank & Trust, highlighted Kotronis's extensive experience and leadership. "Paul's extensive commercial real estate lending experience, deep market relationships, and proven leadership make him an exceptional addition to our team," Fingerman said. "His expertise in multifamily and commercial real estate finance will further enhance our ability to serve clients and support the continued growth of our lending platform."

Kotronis brings over 20 years of commercial real estate finance experience, with a track record of building large-scale lending platforms and managing multi-billion-dollar portfolios. He is recognized for balancing business growth with disciplined risk management and regulatory compliance. Prior to joining Peapack Private, he served as Group Director and Senior Vice President, CRE Group, at Signature Bank, where he managed a $5 billion commercial real estate portfolio and originated more than $4 billion in multifamily and commercial real estate loans.

Professional Background

Kotronis's career includes leadership roles at several financial institutions:

Kotronis earned an MBA in Finance and Real Estate from the Zicklin School of Business at Baruch College and a Bachelor of Arts in Economics with a minor in Mathematics from Hunter College. He is active in the community, serving as Co-Chairman and Benefactor of the Annual Greek Independence Day Parade and as a board member of the Federation of Hellenic Societies.

About Peapack-Gladstone Financial Corporation

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $7.7 billion and assets under management and/or administration of $13.1 billion as of March 31, 2026. Founded in 1921, Peapack Private Bank & Trust offers client-centric banking, wealth management, investment banking, and commercial and personal banking solutions. The bank's wealth management division provides financial, tax, fiduciary, and investment advice to individuals, families, businesses, family offices, and not-for-profit organizations.

Piper Sandler analyst Manuel Navas has maintained an Overweight rating on Peapack Gladstone Finl and increased the stock's price target to $54 from $50. The adjustment reflects a revised outlook on the company's valuation potential.

Rating and Price Action

The brokerage firm continues to advocate a bullish stance on Peapack Gladstone Finl, listed on NASDAQ under the ticker PGC. The new price target of $54 represents an increase over the previous target of $50.