Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank appointed John P. O’Gorman as Senior Vice President, Head of Special Assets at Peapack-Gladstone Bank.  Working out of the Bank’s Headquarters in Bedminster, New Jersey, O’Gorman’s primary role includes managing various workout situations and processes for the Bank.  Responsibilities also include managing the workout portfolio, recommending risk rating changes and impairment levels to executive management, negotiating with borrowers, developing workout strategies, assisting with policy and procedure updates and other credit-related matters.

An accomplished financial professional, O’Gorman brings to the Bank 35 years of banking experience, previously serving as Workout Director at Santander Bank where he was responsible for the workout portfolio management, note sales and OREO management.  Prior to that, he served as Senior Director, Special Assets at Capital One Bank; Director of Mergers & Acquisitions, at Alcatel-Lucent; and in equally impressive roles at Wells Fargo Bank.

O’Gorman is a resident of Green Township, New Jersey.  He earned a Bachelor of Arts Degree from Belmont Abbey College and a Master’s Degree in Management/Finance from Babson College.