Peapack Gladstone Financial: Pay

Peapack Gladstone Financial paid its 5 named executives $9.0M in total in FY2025 (Dec). CEO Douglas L. Kennedy was paid $3.5M of that.

Pay$100 in the stock at the end of FY20 → $124
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Douglas L. KennedyPresident & CEO of Peapack-Gladstone and the Bank
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
John P. BabcockSenior Executive Vice President of Peapack-Gladstone and President of
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Frank A. CavallaroSenior Executive Vice President and CFO of 'Peapack- Gladstone and the Bank
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
4 years
Gregory M. SmithSenior Executive Vice President and President of Commercial Banking of Peapack-Gladstone and the Bank
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Robert A. PlanteExecutive Vice President and Chief Operating Officer of Peapack-Gladstone and the Bank
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 7 peers with pay on file was $2.6M. The CEO of Peapack Gladstone Financial was paid $3.5M, 36% above the median.

  1. 1Metropolitan Bank Holding
  2. 2Orrstown Financial Services
  3. 3Peapack Gladstone Financial
  4. 4Tompkins Financial
  5. 5MetroCity Bankshares
  6. 6Univest Financial
  7. 7Arrow Financial
  8. 8Amerant Bancorp
  9. 9Berkshire Hills Bancorp, Inc.Not disclosed
  10. 10Capital BancorpNot disclosed
  11. 11ConnectOne BancorpNot disclosed
  12. 12Dime Community Bancshares, Inc.Not disclosed
  13. 13Eagle BancorpNot disclosed
  14. 14Enterprise Bancorp, Inc.Not disclosed
  15. 15Flushing Financial Corp.Not disclosed
  16. 16Kearny FinancialNot disclosed
  17. 17Northfield Bancorp (Staten Island)Not disclosed
  18. 18Oceanfirst FinancialNot disclosed
  19. 19Sandy Spring Bancorp Inc.Not disclosed
  20. 20Stock Yards BancorpNot disclosed
  21. 21Washington Trust BancorpNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.