Peapack-Gladstone President to Retire

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The president and chief operating officer of Peapack-Gladstone Financial (PGC) will leave the Bedminster, N.J., company at the end of the year.

Robert M. Rogers has resigned for "personal reasons and to pursue other interests," the $1.6 billion-asset company said Tuesday in a news release. Rogers, who had been with the company for 25 years, will also step down from the boards of the bank and the company.

"Bob Rogers has been an integral part of the company for many years," Doug Kennedy, chief executive of the company, said in a news release. "Through his loyalty and dedication, he has helped position Peapack-Gladstone Bank for the growth and expansion necessary for us to be successful in the years ahead. He will be thoroughly missed."

Peapack-Gladstone will evaluate internal candidates and several from outside the organization to fill the role, the company said.

Kennedy took over as CEO last month. He succeeded Frank Kissel, who has remained as the company's chairman.

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