Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announce the appointment of Thomas P. Hanrahan to the position of senior managing director, commercial lending. Hanrahan's concentration and extensive expertise as healthcare lender will provide clients with specialized services in providing custom-tailored financial solutions for the healthcare industry.

Hanrahan brings with him over 25 years of experience in the financial services industry serving most recently senior vice president, healthcare specialty lending, at Capital One Bank, N.A. where he was instrumental in evaluation, solicitation and growth of healthcare lending opportunities throughout the United States. In previous roles at M&T Bank, Summit Bank Healthcare Financial Services Group, First Union National Bank, and Midlantic Bank, Hanrahan was a key player in the expansion of revenue through new client relationship, business development and managed portfolio while consistently exceeding loan and ancillary sales goals.

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $2.40 billion as of June 30, 2014.