Douglas L Kennedy has bought PGC on 5 days since Feb 2016

Douglas L. Kennedy is the President and Chief Executive Officer of Peapack-Gladstone Financial Corporation (PGC) and Peapack Private Bank & Trust, positions he has held since 2012, and he also serves as a member of the Board of Directors.( At 68-69 years old, he brings over 47 years of experience in commercial banking.( He holds a B.A. in Economics and an MBA from Sacred Heart University in Fairfield, Connecticut.(

Under Kennedy's leadership, PGC has achieved notable performance, including a 2024 total shareholder return (TSR) of $107.60 on a $100 base (2019–2024), net income of $32.99 million, and diluted EPS of $1.85.( Strategic initiatives include a successful NYC expansion with 13 private banking teams generating $850 million in core relationship deposits (exceeding the $450 million target), top-tier noninterest-bearing deposit growth, and a rebranding to Peapack Private Bank & Trust effective January 1, 2025.( Additionally, he was appointed to the Federal Reserve Bank of New York Board of Directors in 2019.(

Written by Perplexity from public sources.