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 is responsible for overseeing the overall operations of the Asset Management Group, ensuring disciplined equipment management practices, strong internal controls, and comprehensive reporting. Her key responsibilities include equipment-related analysis, evaluations, appraisals, and asset sales as well as inventory management for Peapack Capital's $1 billion - and growing - equipment portfolio.
Ostler brings two decades of experience in the finance industry to her new position. She joined Peapack Capital from Signature Financial and previously began her equipment leasing career at KeyCorp Leasing. She has also held positions at Crestmark Equipment Finance, a commercial finance division of Pathward. Her professional credentials include being an accredited Senior Appraiser with the American Society of Appraisers and holding the CLFP® (Certified Leasing and Finance Professional) designation.
This leadership appointment signals Peapack Capital's focus on strengthening the oversight and strategic management of its substantial equipment assets. With a portfolio valued at $1 billion and noted to be growing, effective asset management is critical for optimizing returns, managing risk, and supporting the subsidiary's financial performance. Ostler's experience in equipment analysis, appraisals, and sales will be instrumental in maintaining the portfolio's value and liquidity. The promotion reflects an internal development strategy, recognizing and elevating seasoned professionals with deep industry expertise into key operational roles.
Beyond her professional role, Ostler is the co-founder and current Treasurer of Little Falls Cares, a 501(c)(3) nonprofit organization dedicated to providing humane support to the local feral and stray cat population, primarily through trap-neuter-release services. 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. Its subsidiary, Peapack Private Bank & Trust, founded in 1921, is a commercial bank that offers a client-centric approach to banking. More information about the bank can be found at https://www.peapackprivate.com.
The implications of this announcement extend to clients, investors, and the broader equipment finance industry. For clients of Peapack Capital, consistent and expert asset management underpins the reliability and value of leasing and finance products. For investors in Peapack-Gladstone Financial Corporation, such strategic appointments in core subsidiaries like Peapack Capital are indicators of operational focus and governance aimed at sustaining growth and managing a complex asset base. Within the competitive equipment finance sector, moves to bolster leadership in asset management highlight the ongoing importance of specialized expertise in navigating market cycles, equipment valuation, and portfolio optimization. This internal promotion underscores a commitment to institutional knowledge and continuity in managing a significant and growing segment of the company's business activities.
