Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announce the promotion of Dennis R. Magarro to Senior Vice President, Senior Underwriter at Peapack Capital, a subsidiary of Peapack-Gladstone Bank. Dennis is responsible for credit and underwriting functions at Peapack Capital which focuses on equipment finance and leasing.
Mr. Magarro is a results-driven credit professional with 18 years of equipment leasing and structured finance experience in a broad range of industries and assets with diverse corporate lending organizations spanning integral positions in credit analysis, underwriting, risk and portfolio management, finance and accounting. Prior to joining Peapack Capital, Dennis held key positions at Santander Bank, N.A., MUFG/The Bank of Tokyo-Mitsubishi Capital Leasing and Finance, RBS/Citizens Asset Finance, General Electric Company/GE Capital, and Arthur Andersen LLP. At RBS/Citizens Asset Finance, Mr. Magarro was a member of the President’s Advisory Council and received the President’s Outstanding Achievement Award in 2012.
Mr. Magarro holds a Bachelor of Arts Degree in Accounting from Quinnipiac University and served as President of the Senior Class, Student Government Association. He earned an MBA in Finance from Sacred Heart University. Originally from Paramus, NJ, he now resides in Shrewsbury, MA. Mr. Magarro is active in the community, leading several fundraising and awareness events for the Leukemia and Lymphoma Society. He is also a general board member, commissioner and coach for the Shrewsbury Little League.