Peapack Private Bank & Trust Appoints Bruce A. Watterson as Senior Managing Director

Bruce A. Watterson has joined Peapack Private Bank & Trust as a Senior Managing Director and Managing Group Director within the Bank’s Commercial Banking division. His appointment represents a strategic enhancement to the bank's leadership team, drawing on his extensive background in corporate, private, and middle market banking. Watterson will operate from the Bank’s newest location in Garden City, New York, contributing to Peapack Private's expansion in the NY Metro region. With a career exceeding four decades, Watterson has held key positions at institutions including Flagstar Bank, CitiGroup Private Bank, National Westminster Bank, Marine Midland Bank, and Mellon Financial Services. His proficiency in delivering financial solutions to middle market businesses and high net worth individuals aligns with Peapack Private's client-focused banking philosophy.

Watterson's academic credentials include a degree in Finance and Accounting from Pace University’s Lubin School of Business, supplemented by certifications as a Certified Cash Manager and various NASD licenses. His deep industry knowledge and commitment to client service excellence are anticipated to bolster the bank's customized and innovative approaches to wealth management, investment banking, and commercial and personal banking services. Peapack Private Bank & Trust, a subsidiary of Peapack-Gladstone Financial Corporation, is reinforcing its standing in the financial services sector by recruiting experienced professionals like Watterson. His involvement in the Long Island community and active participation on multiple committees and boards reflect a dedication to both banking excellence and community development.

Watterson's affiliations with organizations such as The Energeia Partnership and The Education and Assistance Corp (EAC) demonstrate his engagement in societal contributions beyond banking. This appointment underscores the bank's ongoing efforts to attract seasoned talent to drive growth and enhance service delivery in a competitive market. By integrating Watterson's expertise, Peapack Private aims to further its mission of providing tailored financial solutions, leveraging his background to meet the evolving needs of clients in the middle market and high net worth segments. The move signals the bank's commitment to expanding its influence and capabilities in key geographic areas, positioning it for sustained success in the financial industry.