A senior-level change is happening at Bedminster-based Peapack-Gladstone Financial Corp.’s subsidiary for equipment finance and leasing, Peapack Capital.
Last week, Peapack Capital announces Senior Vice President David Santom would become responsible for all aspects of asset management at the company, including equipment valuations and reviews, portfolio analyses, end of lease negotiations, equipment inspections and dispositions.
Santom has worked in the equipment finance industry for over three decades, most recently as director of equipment management at Santander Equipment Finance, as well as at CIT Capital Equipment Finance. Additionally, he has held senior-level positions at John Hancock Leasing Corp. and American Finance Group.