President & CEO
Douglas L. Kennedy is the President and Chief Executive Officer of Peapack-Gladstone Bank. He is responsible for formulating and executing the Bank’s overall strategic vision. Doug leads the Company’s wealth, lending, and deposit businesses that constitute Peapack-Gladstone’s boutique private banking approach to banking.
Doug is a proven leader with over 38 years of commercial banking experience. Before joining Peapack-Gladstone Bank in 2012, he served as president of the New Jersey Market for Capital One Bank and was responsible for Commercial Banking activities for the Northeast and Mid Atlantic. Over the years, he has held key executive level positions and had great success building formidable regional and national specialty banking business as Fleet Bank, Summit Bancorp and Bank of America.
Doug is a graduate of Sacred Heart University in Fairfield, Connecticut with a degree in Economics and an M.B.A. In 2015 he was named CEO of the Year by Corporate LiveWire as part of its Innovation & Excellence Awards. He was named to the NJBIZ “Power 50 Banking” list. Additionally, he received the Carpe Diem Award from Montclair State University and was named “Man of the Year” by the Boy Scouts of America that same year. Doug is a current member of the New Jersey Chamber of Commerce Board of Directors, Montclair State University Board of Trustees, and Sacred Heart University Board of Trustees. He has served as President of NJ After 3 and as a Board Member of the New Jersey Bankers Association.
Senior Executive Vice President, President of Private Wealth Management
John Babcock is a Senior Executive Vice President of Peapack-Gladstone Bank and President of the Wealth Management business. He is responsible for all of the Company’s wealth management activities including investment management, trust and fiduciary services, custody, banking and lending solutions for high net worth, institutional and not-for profit clients. He is a member of the Company’s Senior Management Executive Committee, the Asset and Liability Committee, the Firm Risk Committee, as well as serving as President of PGB Trusts and Investments of Delaware.
Prior to joining PGB, he was the managing director in charge of the Northeast Mid-Atlantic region for the HSBC Private Bank and, prior to that, he was the New York Metro Market Executive for U.S. Trust – the largest of U.S. Trust’s 53 markets in the U.S. In these and previous roles over the last 35 years, he has led commercial and wealth management/private bank businesses in New York City and regional markets through mergers, expansions, rapid growth and periods of significant organizational change.
John is a 1980 graduate of Tulane University’s A.B. Freeman School of Business and has an M.B.A. from Fairleigh Dickinson University. He holds his FINRA Series 7, 63 and 24 securities licenses. He is currently on the Board of Trustees of the Purnell School and has been involved with many organizations over the years in board and advisory capacities including the New Jersey Special Olympics, New Jersey SEEDS and the New Jersey State Golf Association Caddie Scholarship Foundation.
Jeffrey J. Carfora
Senior Executive Vice President & CFO
Jeffrey J. Carfora is Senior Executive Vice President and Chief Financial Officer of Peapack-Gladstone Bank and of Peapack-Gladstone Financial Corporation – the public Holding Company for Peapack-Gladstone Bank.
Jeff joined the Bank as Executive Vice President and CFO in March 2009. He was promoted to Senior Executive Vice President in August 2013. Including his tenure with the Bank, Jeff has over 36 years of financial experience, the majority of which has been in the banking industry. Prior to the Bank, Jeff was affiliated with Penn Federal Savings Bank where he joined as Chief Financial Officer and was later promoted to Chief Operating Officer, Carteret Bank, and Marine Midland Bank. Jeff began his career in 1980 with PriceWaterhouseCoopers, upon graduation from Fairleigh Dickinson University.
Jeff has a BS in accounting and an MBA in Finance, and is a Certified Public Accountant.
Finn M.W. Caspersen, Jr.
Senior Executive Vice President, Chief Strategy Officer and General Counsel
Finn M. W. Caspersen, Jr. is the Chief Strategy Officer and General Counsel of Peapack-Gladstone Bank. Responsible for all aspects of Bank strategy, Finn collaborates across the organization to develop and implement the Bank’s near and long-term strategic plans. Finn is also responsible for Human Capital, Enterprise Risk Management and Compliance, Legal and Corporate Governance and Peapack Private, the Bank’s high-touch Private Banking initiative. Finn is an active member of a number of Bank committees.
Before joining Peapack-Gladstone Bank in 2004, Finn worked as a corporate lawyer at Hale and Dorr, as an investment banker at Merrill Lynch and privately in venture capital.
Finn is a graduate of Harvard College and Harvard Law School and has served as trustee of Cardigan Mountain School, Pomfret School, the Somerset Hills YMCA, the Willowwood Arboretum and the New Jersey Chapter of the Nature Conservancy. Finn was a two-term elected member of the Bedminster Township Committee and has also served on the Bedminster Environmental Commission and the Bedminster Land Use Board. Finn is currently a member of the ABA’s Government Relations Council Administrative Committee and the Somerset County Business Partnership’s Board of Directors.
Executive Vice President, Head of Retail Banking
Anthony V. Bilotta, Jr. is an Executive Vice President with Peapack-Gladstone Bank. He is responsible for increasing revenues for Peapack-Gladstone Bank through business development, relationship building and the creation of innovative marketing and sales programs.
Anthony has over 30 years of industry experience, previously serving as senior vice president and director of retail banking & corporate marketing at Oritani Bank responsible for retail banking and marketing functions of an expanded branch bank network. Prior to that, he was executive vice president, director of retail banking responsible for a 53-branch network in New Jersey at New York Community Bank (former Penn Federal Savings Bank). Mr. Bilotta held similar impressive roles at PNC Bank and TD Banknorth, N.A. (former Hudson United Bank), where he served as a regional president overseeing retail banking, employee development, coaching, training and sales initiatives.
Anthony received his Bachelor of Science in Business Administration (BSBA) degree from Thomas Edison State College and holds a Certificate in Operations Management from the Bank Administration Institute at the University of Wisconsin. He remains actively involved with the local community through coaching and in education.
Executive Vice President Chief Credit Officer
Lisa Chalkan directs Peapack-Gladstone Bank’s credit professionals and quality assurance teams to efficiently manage the quality of the loan portfolio.
Lisa is a career banker with 30 years of financial services experience with a concentration in risk management, credit administration, underwriting and managing of policies and procedures. Prior to joining Peapack-Gladstone Bank in 2015, she served key roles at Capital One N.A. as Senior Vice President, Head of Commercial Policy; Director of Loan Administration/Commercial Banking; and Manager of Middle Market Underwriting/New Jersey where she was responsible for defining the credit parameters and authorities for commercial business and the build-out of a centralized credit administration team.
Prior to her tenure at Capital One, Lisa held key positions at Fleet Boston Financial/Bank of America, and HSBC Bank USA/HSBC Securities, Inc. as Vice President, Underwriting Manager, in Small Business Services and Risk Review Field Manager, respectively.
A resident of Lincoln Park, New Jersey, Ms. Chalkan holds a Bachelor of Arts Degree in Economics from Rutgers University. She is proficient in Spanish and earned a Certificate with Honors from the National Commercial Lending School. Lisa is a key contributor to the Board of Trustees of the UCEDC, serving as Secretary of the Board, and past honoree as a Woman of Influence in Finance by the Women’s Fund of New Jersey.
Executive Vice President, Director of Human Capital
As Executive Vice President, Director of Human Capital, Mr. Portantino oversees the Bank’s human resources and training functions, building upon its record of continued growth, success and strategic objectives, concentrating on the expansion and development of the employee talent base, human capital organization and management. Philip has 33 years of human resources experience, much of it in the financial services industry, with expertise in organizational development, performance management, employee engagement, direction and compensation. He has a proven track record in building strong leadership teams in various industries, is a specialist in talent acquisition and a leader in employee administration and motivation. He most recently served as Vice President, Human Resources and Real Estate, the Americas at Cegedim in Bedminster, NJ where he was instrumental in reorganizing major business lines and building upon business operations and units to increase profitability and support expansion and growth. Prior to his tenure at Cegedim, Mr. Portantino held key leadership roles at Summit Bank in Princeton, NJ as Deputy Director, Organizational Development and Director of Human Resources Initiatives and Training. Mr. Portantino holds an MBA from Monmouth University and Bachelor of Arts Degree from Villanova University.
Executive Vice President, President Wealth Management Consultants
Thomas J. Ross, Jr. is an Executive Vice President of Peapack-Gladstone Bank and is the President of Wealth Management Consultants, a division of Peapack-Gladstone Bank that provides financial, tax and investment advice to high-net worth individuals. He is the former Partner-In-Charge of Coopers & Lybrand’s Personal Financial Services Group in the New York metropolitan area. While at C&L, he served on the firm’s National PFS Steering Committee and played an integral role in founding C&L’s Registered Investment Advisory subsidiary, eventually serving on its Investment Policy Committee. Over the past 30 years, Tom has developed a particular expertise in planning for senior corporate executives. He is well versed in the optimization of compensation and benefits programs and the financial aspects of employment contracts. Tom has worked with over three-dozen current or retired Chairmen, Chief Executive Officers and/or Presidents of major American corporations. Tom has been named to Worth Magazine’s “Top 100 Financial Advisors” list and to “Who’s Who in Finance” and “Who’s Who in America.” He has written many technical articles, instructed at numerous professional education programs, and has been quoted in much of the national financial press. Tom is a Certified Public Accountant (Inactive) with a BA in English from Boston College and an MBA in Finance from the Wharton School. Tom serves on the Board of the Mayo Performing Arts Center and helped to lead a strategic plan review for the Community Soup Kitchen of Morristown. He has been very active in St. Catherine of Siena Parish where he served as Chair of the Finance Council. Tom also served as a longtime member of the Board of Trustees of The Tri-County Scholarship Fund and currently serves on the boards of several private foundations. Tom has been involved in the Boston College admissions program since 1973 and served on the Executive Committee of the school’s Wall Street Council in New York City.
Executive Vice President, Chief Information Officer, Head of Banking Services
Kevin Runyon is an Executive Vice President of Peapack-Gladstone Bank. He is responsible for leveraging emerging technologies in support of the Bank’s strategic direction ultimately solidifying Peapack-Gladstone Bank as a leader in products, services and innovation. He is a member of the North Jersey Bankers Association, New Jersey Bankers Association and Pennsylvania Bankers Association. Prior to joining PGB, he brings with him 34 years of knowledge and experience in the Banking technology industry. Recently serving as Managing Director of All Covered, a Division of Konica Minolta in Cherry Hill, NJ, Kevin was responsible for the delivery of technology and IT compliance-related services to over 100 banks across the country. Kevin has held high-level information technology positions with United Computer, OceanFirst Bank, CoreStates Bank and National State Bank of Elizabeth with a focus on technology issues that affect the bottom line of business.
Executive Vice President, Head of Commercial Real Estate
Vincent A. Spero is Executive Vice President and Head of Commercial Real Estate at Peapack-Gladstone Bank. He is responsible for creating a relationship based sales culture with service excellence that supports the strategic growth initiatives and risk assessment of the Bank’s commercial real estate and multifamily lending business.
Vince has over 25 years of banking experience in community, commercial and private banking, specializing in real estate lending. He joined Peapack-Gladstone Bank in June of 2008 as senior vice president and senior commercial lender, responsible for managing the commercial lending sales team and maintaining asset quality of the organization’s commercial loan portfolio. He was appointed executive vice president and chief lending officer of Peapack-Gladstone Bank in 2009. Prior to joining Peapack-Gladstone Bank, he had held senior level positions at both Lakeland Bank and Commerce Bank.
Vince is a graduate of Wagner College and attended Fairleigh Dickinson University in their MBA Program.
Executive Vice President, Head of Commercial Banking
Eric H. Waser is Executive Vice President and Head of Commercial Banking at Peapack-Gladstone Bank. He is responsible for the oversight and growth of the Bank’s commercial and industrial lending business. He is part of an executive team that is laser focused on providing both new and existing clients with the bank’s unique brand of private banking.
Eric has more than 25 years of experience in financial services and private banking, most recently serving as managing director for Citibank’s East Business Banking Division, which achieved superior growth and risk adjusted returns through his direction. Prior to Citibank, Waser was the senior vice president, chief financial officer and chief operating officer at Clean Venture, Inc., one of the largest private environmental remediation company’s in the US. Throughout his career, as president of Mid Atlantic Corporate Banking, CEO-NJ and managing director at Sovereign Bank and executive vice president at Fleet Boston Financial/Nat West Bank, Eric focused on all aspects of Retail and Commercial Banking Segments including: business banking, middle market, large corporate, leveraged lending, and professional services, healthcare and not for profit specialty segments.
Mr. Waser holds a Bachelor of Science degree from Indiana University, Kelly School of Business and has taught extensively on advanced credit, sales and leadership training topics and programs.
Senior Vice President, Head of Residential and Consumer Lending
Glenn R. Straffi is a Senior Vice President, Head of Residential and Consumer Lending for Peapack-Gladstone Bank. He has more than 30 years of Banking experience all in Residential Lending. Residential Mortgages are a leading solution in support of the Bank’s wealth strategy. Glenn will pursue a relationship-based approach to deliver a superior client experience and competitive relationship-based pricing.
Throughout the years, Glenn has held Senior Executives roles at CitiBank, Indus American Bank, Bank of America, Countrywide Home Loans, National Westminster Bank and Dime Savings Bank of NY, all of which make him especially suited to take on the challenge and responsibility of maintaining and building Peapack-Gladstone Bank’s Residential Mortgage Lending initiatives.
Mr. Straffi holds a Bachelor of Science Degree in Marketing Management from Fordham University.