Peapack-Gladstone Financial Corporation (PGC) Stock: In Focus After Naming Leonard Carraturo Senior Managing Director
TLDRPGC names Leonard Carraturo to strengthen commercial banking leadership team.Peapack Private expands commercial banking with veteran Leonard Carraturo.PGC boosts middle-market banking strategy through key executive appointment.Leonard Carraturo joins Peapack Private to expand commercial lending services.Peapack-Gladstone strengthens commercial banking with experienced industry leader. Peapack-Gladstone Financial Corporation stock traded at $45.35, down 1.11%, after the company announced a senior leadership appointment. The bank named Leonard Carraturo as Senior Managing Director and Commercial Private Banker. The appointment supports the companys commercial banking expansion and long-term relationship banking strategy. Peapack-Gladstone Financial Corporation (PGC)Peapack Private Adds Commercial Banking Veteran Leonard Carraturo joined Peapack Private Bank & Trust with more than two decades of commercial banking experience. He will provide lending and banking solutions for middle-market businesses across multiple industries. He will also support acquisitions, capital investments, treasury management, and long-term financing needs. The appointment strengthens the banks commercial banking division and expands its advisory capabilities. Carraturo brings experience across commercial and industrial lending, sponsor finance, healthcare finance, and asset-based lending. His background also includes treasury management and long-term client relationship development. Senior Managing Director Dawn Kasulke said Carraturo‘s experience and market presence strengthen the bank’s commercial banking platform. She added that his knowledge supports the delivery of financial solutions for