Peapack Private Appoints Elizabeth Martone as Senior Managing Director

Peapack-Gladstone Financial Corporation has announced the appointment of Elizabeth “Liz” Martone as Senior Managing Director, Group Director at Peapack Private Bank & Trust. Operating from the Bank’s Park Avenue office in New York City, Martone will be an integral part of James Handal’s leadership team, leveraging her extensive expertise in financial services to enhance client relationships and drive business growth.

With a robust career spanning 25 years, Martone has developed a significant reputation in the banking sector. She most recently held the position of Senior Vice President at BankUnited in Melville, NY, where she led a team aimed at improving client experiences and actively seeking new business opportunities among high-net-worth individuals and companies. Her leadership approach emphasizes superior service and relationship cultivation.

Prior to her tenure at BankUnited, Martone served as Managing Director at The Montauk Group. There, she played a key role in creating and executing global banking relationship management strategies that fortified client engagement and optimized financial performance. Her earlier roles also include Vice President positions in Cash Management and Private Banking at companies such as Herald National Bank, Capital One, and North Fork Bank.

Martone holds a Bachelor of Arts in Psychology, Philosophy, and Education from Siena College. Her extensive experience and commitment to client-centric banking align with Peapack Private Bank & Trust's reputation for providing innovative banking solutions and high-quality wealth management services.

Peapack-Gladstone, founded in 1921, has evolved into a notable New Jersey bank holding company, overseeing $7.4 billion in assets and offering tailored financial solutions to individuals, businesses, and not-for-profit entities. For more information, visit www.peapackprivate.com.

The appointment of Elizabeth “Liz” Martone as Senior Managing Director of Peapack Private Bank & Trust marks a significant strategic move for Peapack-Gladstone Financial Corporation (NASDAQ: PGC). Her extensive experience in building high-value client relationships and fostering business development can potentially enhance the bank's competitive edge in the wealth management sector.

With a substantial background in commercial private banking and a focus on high-net-worth individuals and companies, Martone’s expertise aligns well with Peapack's existing strengths. Her leadership role is crucial, especially as the demand for personalized banking and wealth management solutions continues to rise. Investors should note that this appointment reflects Peapack's commitment to growth and operational efficiency, which could lead to improved financial performance in the coming quarters.

Additionally, given the bank's assets under management and administration totaling $12.9 billion as of September 30, 2025, Martone’s strategies are likely to bolster client retention and acquisition efforts. This could enhance Peapack's overall market position, particularly within the competitive landscape of New Jersey and New York's wealth markets.

As Peapack Private Bank continues to cultivate its client-centric approach, investors may find the stock could benefit from increased client engagement and satisfaction stemming from Martone's leadership. It is advisable for investors to monitor the bank's developments closely, particularly any strategic initiatives that arise from her appointment.

Overall, with the financial sector facing challenges from economic fluctuations, Peapack-Gladstone’s proactive approach in employing a seasoned executive like Martone bodes well for its future. Investors looking for growth in wealth management should consider PGC as a potential opportunity, particularly if the bank demonstrates robust outcomes from Martone’s mandate.