Peapack-Gladstone Financial Corporation and Peapack Private Bank & Trust announced the promotion of Roz Ostler to Senior Vice President, Head of Asset Management for Peapack Capital, the company's equipment finance and leasing subsidiary. This appointment places Ostler in charge of the overall operations of the Asset Management Group, with responsibilities centered on ensuring disciplined equipment management practices, maintaining strong internal controls, and overseeing comprehensive reporting for the division.
The role is critical to the stewardship and strategic growth of Peapack Capital's equipment portfolio, which is valued at $1 billion and continues to expand. Ostler's key duties will include equipment-related analysis, evaluations, appraisals, asset sales, and inventory management. Her promotion signals the company's focus on robust asset management as a cornerstone of its equipment finance business. For more information on the parent company, visit https://www.peapackprivate.com.
Ostler brings twenty years of finance industry experience to the position. Her career in equipment leasing began at KeyCorp Leasing, and she joined Peapack Capital from Signature Financial. She has also held roles at Crestmark Equipment Finance, a commercial finance division of Pathward. Her professional background provides a deep understanding of the asset lifecycle and market dynamics essential for managing a portfolio of this scale.
In addition to her professional qualifications, Ostler holds significant industry credentials that underscore her expertise. She is an accredited Senior Appraiser with the American Society of Appraisers and holds the Certified Leasing and Finance Professional (CLFP®) designation. These certifications are recognized standards in the field, indicating a commitment to best practices, ethical standards, and technical proficiency in asset valuation and leasing finance.
Beyond her corporate role, Ostler is involved in community service as the co-founder and Treasurer of Little Falls Cares, a 501(c)(3) nonprofit. The organization is dedicated to providing humane support to local feral and stray cats, primarily through trap-neuter-release services. This involvement highlights a commitment to community welfare alongside professional leadership.
The promotion is strategically important for Peapack Capital and its clients. Effective asset management is a key driver of profitability and risk mitigation in equipment finance. Ostler's leadership is expected to enhance portfolio performance, optimize asset utilization and disposition, and support the subsidiary's growth objectives. For stakeholders, including investors and clients utilizing Peapack Capital's services, this move reinforces the company's dedication to experienced, credentialed leadership overseeing a significant and growing asset base. The parent company, Peapack-Gladstone Financial Corporation, reported total assets of $7.5 billion and assets under management and/or administration of $13.1 billion as of December 31, 2025.
