Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announced the appointment of Brandon J. Smith, Senior Vice President, Head of Asset Management, at Peapack Capital, a subsidiary of Peapack-Gladstone Bank. Based out of the Bank’s Short Hills, NJ, location, Smith is responsible for all aspects of the asset management function at Peapack Capital including equipment valuations and reviews, portfolio analyses, end of lease negotiations, equipment inspections and dispositions.

Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank also announced the appointment of Brenda Boyce, Vice President, Senior Credit Underwriter at Peapack Capital. Boyce is responsible for credit and underwriting functions at Peapack Capital, which focuses on equipment financing and leasing.

Smith takes on this role as successor to David Santom, Peapack Capital’s current Head of Asset Management, who is retiring after more than 35 years in the industry.

With over 30 years of experience in the equipment finance industry, Smith’s knowledge and experience are invaluable to the institution. He most recently served as Vice President, Asset Management Group Leader at Investors Bank Equipment Finance in Iselin, NJ. He was responsible for creating collateral valuation studies and residual development for all lease and loan transactions and developing and maintaining relationships with industry experts, appraisers and secondary market equipment dealers and broker networks. He oversaw a $950 million equipment finance portfolio of most major asset classes.

Prior to that he served as Asset Management Officer at Signature Financial, LLC in Melville, NY; Director of Sales at Heritage Global Partners, San Diego, CA; Vice President, Business Development and Valuation, Remarketing and Special Assets at Connell Finance Co., Berkeley Heights, NJ; Lease Marketing Manager, Syndications at Mitsui Leasing Capital Corp., New York, NY; and Assistant Vice President, Rail and Intermediary, The CIT Group, Capital Equipment Financing in New York, NY.

Smith holds a Bachelor of Science Degree in Accounting from Villanova University and is a member of the Equipment Leasing and Finance Association and Turnaround Management Association.

Boyce brings to the bank 31 years of financial services experience focused on credit and project management and client service. She previously served as Vice President, Senior Portfolio Manager II at Citizens Asset Finance, a division of Citizens Bank, N.A. She was responsible for effective credit and risk administration with particular emphasis on adherence to credit policy, financial analysis/modeling, risk evaluation, ongoing portfolio maintenance and client support for an Asset Finance portfolio comprised of Middle Market and Mid-Corporate clients. While serving in her Senior Portfolio Manager II role at Citizens Asset Finance, she simultaneously held the position of Credit Business Support Manager, where she developed and maintained various templates and models used throughout the credit process, created credit-related policy and procedures and designed training materials and reference guides. Boyce also served as Senior Credit Analyst at Textron Financial Corporation in Providence, RI.

Boyce graduated cum laude and holds a Bachelor of Science Degree in Finance from Bryant University and Associate of Arts in Liberal Arts from Community College of Rhode Island. She also holds Project Management Certification from Bryant University.