Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announced the promotion of Dennis R. Magarro to Senior Vice President, Senior Underwriter at Peapack Capital, a subsidiary of Peapack-Gladstone Bank. He is responsible for credit and underwriting functions at Peapack Capital, which focuses on equipment finance and leasing.

Magarro is a results-driven credit professional with 18 years of equipment leasing and structured finance experience in a broad range of industries and assets with diverse corporate lending organizations spanning integral positions in credit analysis, underwriting, risk and portfolio management, finance and accounting.

Prior to joining Peapack Capital, Magarro held key positions at Santander Bank, N.A., MUFG/The Bank of Tokyo-Mitsubishi Capital Leasing and Finance, RBS/Citizens Asset Finance, General Electric Company/GE Capital and Arthur Andersen LLP.  At RBS/Citizens Asset Finance, he was a member of the President's Advisory Council and received the President's Outstanding Achievement Award in 2012.

Magarro holds a B.A. in Accounting from Quinnipiac University. He earned an MBA in Finance from Sacred Heart University. He resides in Shrewsbury, MA.