Peapack Capital Elevates Roz Ostler to Lead Asset Management Division

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 equipment portfolio, which continues to expand.

Ostler brings two decades of finance industry experience to the 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. Professionally, Ostler is an accredited Senior Appraiser with the American Society of Appraisers and holds the CLFP® designation. Beyond her corporate role, she is the co-founder and current Treasurer of Little Falls Cares, a nonprofit organization dedicated to providing humane support to the local feral and stray cat population primarily through trap-neuter-release services.

The promotion signals Peapack Capital's commitment to strengthening its asset management capabilities as its equipment portfolio grows. With assets under management and administration totaling $13.1 billion as of December 31, 2025, the company's strategic focus on equipment finance is evident. Ostler's leadership in asset management is expected to enhance operational discipline and support the subsidiary's expansion. The company's broader operations are detailed at https://www.peapackprivate.com, which provides information about its banking and wealth management services. This move aligns with Peapack Private Bank & Trust's client-centric approach, offering customized commercial and personal banking solutions alongside investment banking and wealth management.

Ostler's appointment to head the Asset Management Group places her in a pivotal role for managing risk and optimizing returns from the equipment portfolio. Her background in appraisals and leasing, combined with her professional certifications, equips her to handle the complexities of asset valuation and sales. The promotion reflects an internal development strategy, leveraging existing talent to drive growth in a key business segment. As the equipment finance market evolves, effective asset management becomes increasingly critical for maintaining portfolio health and profitability. Peapack Capital's decision to elevate Ostler underscores the importance of experienced leadership in navigating these challenges and capitalizing on opportunities in the equipment leasing industry.