PEAPACK-GLADSTONE FINANCIAL CORPORATION (NASDAQ:PGC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 21, 2019, John D. Kissel of Bay Head, New Jersey, notified the Company and the Bank in writing of his intent to retire from the Board of Directors of both the Company and the Bank, effective January 31, 2019, to pursue family and personal interests.Mr. Kissel has proudly served as an active and caring Board Member for 31 years since 1987.
On January 21, 2019, James R. Lamb, Esq. of Mendham, New Jersey, notified the Company and the Bank in writing of his intent to retire from the Board of Directors of both the Company and the Bank, effective January 31, 2019, to pursue family and personal interests.Mr. Lamb has proudly served as an active and caring Board Member for 25 years since 1993.
F. Duffield Meyercord, Chairman of the Board, said, “Both John and Jim have worked tirelessly to help guide and shape the Company over their many years of service.Both will be missed.”
About PEAPACK-GLADSTONE FINANCIAL CORPORATION (NASDAQ:PGC)
Peapack-Gladstone Financial Corporation is a bank holding company. The Company’s principal subsidiary is Peapack-Gladstone Bank (the Bank), which is a state chartered commercial bank. The Bank provides private banking services to businesses, non-profits and consumers through its private banking locations in Bedminster, Morristown, Princeton and Teaneck, New Jersey; wealth management division, and branch network in Somerset, Morris, Hunterdon, Middlesex and Union counties. The Company operates through two segments: Banking and Private Wealth Management Division. The Banking segment includes commercial, commercial real estate, multifamily, residential and consumer lending activities; deposit generation; operation of automatic teller machines; telephone and Internet banking services; merchant credit card services, and customer support sales. The Private Wealth Management Division includes asset management services, personal trust services and corporate trust services.
