Peapack Capital, a subsidiary of Peapack-Gladstone Financial (NASDAQ: PGC), appointed Michael Mehosky as Senior Managing Director, National Sales Manager. He will lead sales strategy across Direct, Capital Markets and Third-Party channels, focusing on disciplined growth, portfolio diversification and profitability, with a target of $2 billion in originations over the next 18 months.
Bedminster, N.J., June 10, 2026 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust are pleased to announce the appointment of Michael Mehosky as Senior Managing Director, National Sales Manager of Peapack Capital, the Company’s equipment finance and leasing subsidiary. Peapack Capital provides asset finance and equipment leasing solutions, specializing in mid- to large-scale transactions that empower businesses to grow and succeed.
Michael Mehosky, Senior Vice President, Peapack Capital
In his new role, Michael serves as a key member of the Peapack Capital leadership team and leads sales strategy across all new client originations, including Direct, Capital Markets and Third-Party channels. He is focused on driving disciplined growth, portfolio diversification, and profitability, with the objective of reaching $2 billion in originations over the next 18 months. “Michael’s deep industry expertise and proven track record in building high-performing teams make him an outstanding addition to Peapack Capital,” said Anthony Perettine, Senior Managing Director and President, Peapack Capital. “His leadership will be instrumental as we continue to scale our platform, expand our national presence, and deliver innovative financing solutions to our clients.”
Michael brings extensive industry experience to Peapack Capital. He most recently served as Managing Director of Originations for Gordon Brothers Commercial Equipment Finance. Prior to that, he held several senior roles including Director and Vice President, Head of Vendor Equipment Finance at Signature Financial; Senior Vice President and Group Manager, Peoples Capital & Leasing; Vice President, Capital Markets and Vendor Industrial Sales Manager at Siemens Financial Services; and Senior Vice President, Capital Markets at GE Capital.
Michael holds a degree in Secondary Education with concentrations in History and Economics from West Virginia University. He has also volunteered his time coaching high school boys’ soccer for the past six years.
About the Company
Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $7.7 billion and assets under management and/or administration of $13.1 billion as of March 31, 2026. Founded in 1921, Peapack Private Bank & Trust is a commercial bank that offers a client-centric approach to banking, providing high-quality products along with customized and innovative wealth management, investment banking, commercial and personal banking solutions. The Bank's wealth management division offers comprehensive financial, tax, fiduciary and investment advice and solutions to individuals, families, privately held businesses, family offices, and not-for-profit organizations, which help them establish, maintain, and expand their legacy. Peapack Private Bank & Trust offers an unparalleled commitment to client service. Visit www.peapackprivate.com for more information.
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Contact: Rosanne Schwab, Peapack Private Bank & Trust, Vice President, Public Relations and Corporate Communications Manager, 500 Hills Drive, Suite 300, Bedminster, NJ 07921 rschwab@peapackprivate.com, (908) 719-6543.
What did Peapack Capital (NASDAQ: PGC) announce on June 10, 2026?
Peapack Capital announced the appointment of Michael Mehosky as Senior Managing Director, National Sales Manager. According to Peapack, he will help scale its equipment finance platform, expand national reach, and support disciplined growth, portfolio diversification and profitability across multiple sales channels.
What is Michael Mehosky’s role as Senior Managing Director, National Sales Manager at Peapack Capital (PGC)?
Michael Mehosky will lead sales strategy and new client originations for Peapack Capital. According to Peapack, he oversees Direct, Capital Markets and Third-Party channels, focusing on disciplined growth, portfolio diversification, profitability and supporting the company’s national equipment finance and leasing activities.
What growth target did Peapack Capital set with Michael Mehosky’s appointment?
Peapack Capital is targeting $2 billion in originations over the next 18 months. According to Peapack, Mehosky’s leadership in sales strategy and client origination is expected to support this goal by driving disciplined growth and expanding the company’s national equipment finance platform.
What experience does Michael Mehosky bring to his new role at Peapack Capital (PGC)?
Michael Mehosky brings extensive equipment finance and leasing experience to Peapack Capital. According to Peapack, he previously held senior roles at Gordon Brothers Commercial Equipment Finance, Signature Financial, Peoples Capital & Leasing, Siemens Financial Services and GE Capital, leading originations, vendor finance and capital markets.
What business does Peapack Capital conduct for Peapack-Gladstone Financial (PGC)?
Peapack Capital is the equipment finance and leasing subsidiary of Peapack-Gladstone Financial. According to Peapack, it offers asset finance and equipment leasing solutions, specializing in mid- to large-scale transactions designed to help business clients grow and succeed across different industries and markets.
How might Michael Mehosky’s appointment impact Peapack Capital’s national sales strategy?
The appointment places Michael Mehosky in charge of national sales strategy and client originations. According to Peapack, his focus on disciplined growth, portfolio diversification and profitability supports plans to scale the platform and expand national presence in equipment finance and leasing markets.
