PEAPACK GLADSTONE FINANCIAL CORP (PGC)
Sector: Financials
Sector: Financials
PEAPACK GLADSTONE FINANCIAL CORP - Executive Compensation
President & CEO of Peapack-Gladstone and the Bank
Executive Compensation
Douglas L. Kennedy is the President and CEO of Peapack-Gladstone Bank and Peapack-Gladstone Financial Corporation. With a robust background in financial services, Kennedy has been instrumental in steering the bank towards growth and innovation since he assumed his role in 2015. Prior to joining Peapack-Gladstone, he held significant leadership positions, including Senior Executive Vice President and Chief Operating Officer at Investors Bank, where he played a key role in its expansion and operational enhancements. Kennedy's career also includes stints at major institutions such as Citibank and Summit Bank, showcasing his extensive experience in banking and finance. Under Kennedy's leadership, Peapack-Gladstone Bank has seen notable growth in its wealth management and commercial banking sectors. His strategic vision has been pivotal in diversifying the bank’s services and enhancing customer experience. Kennedy is known for his commitment to community banking principles, ensuring that the bank remains a trusted partner to its clients. His efforts have been recognized with several awards, including being named one of the "25 Most Connected Bankers" by Bank Director Magazine. Kennedy's focus on fostering a strong corporate culture and his proactive approach to regulatory compliance have solidified Peapack-Gladstone's reputation as a leading financial institution in the region. In addition to his corporate responsibilities, Douglas L. Kennedy is actively involved in various community and industry organizations. He serves on the Board of Directors for the New Jersey Bankers Association and is a member of the Economic Development Committee for the Somerset County Business Partnership. His dedication to community service extends to supporting local initiatives and charities, reflecting his belief in the importance of corporate social responsibility. Kennedy's comprehensive approach to leadership, combining strategic foresight with a commitment to community engagement, continues to drive Peapack-Gladstone Bank's success and influence in the financial sector.