Peapack-Gladstone Financial Corporation and Peapack Private Bank & Trust announced the promotion of Roz Ostler to Senior Vice President, Head of Asset Management of Peapack Capital, the company's equipment finance and leasing subsidiary. In this role, Ostler oversees the overall operations of the Asset Management Group, ensuring disciplined equipment management practices, strong internal controls, and comprehensive reporting. Her responsibilities include equipment-related analysis, evaluations, appraisals, asset sales, and inventory management for Peapack Capital's $1 billion equipment portfolio, which continues to expand.
Ostler brings two decades of finance industry experience to the position, having joined Peapack Capital from Signature Financial and beginning her equipment leasing career at KeyCorp Leasing. She also previously held positions at Crestmark Equipment Finance, a commercial finance division of Pathward. Professionally, she is an accredited Senior Appraiser with the American Society of Appraisers and holds the Certified Leasing and Finance Professional designation. Beyond her corporate role, Ostler is co-founder and Treasurer of Little Falls Cares, a nonprofit organization providing humane support to local feral and stray cats primarily through trap-neuter-release services.
This promotion matters as it positions a seasoned professional to manage a critical, billion-dollar asset base during a period of growth. Effective asset management in equipment finance directly impacts portfolio performance, risk mitigation, and profitability, making leadership in this area strategically important for financial institutions. Ostler's extensive background in equipment leasing and appraisals suggests Peapack Capital is prioritizing technical expertise and operational rigor to support its expanding portfolio. The move also highlights the company's investment in internal talent development and specialized leadership within its subsidiary operations.
For context, Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $7.5 billion and assets under management and/or administration of $13.1 billion as of December 31, 2025. Peapack Private Bank & Trust, founded in 1921, is its commercial banking arm offering client-centric banking, wealth management, and investment solutions. More information about the bank is available at https://www.peapackprivate.com. The original announcement was issued via https://www.newmediawire.com.
