Peapack-Gladstone Bank hires banking veteran O’Gorman as senior vice president, head of special assets

Peapack-Gladstone Financial Corp. on Monday appointed John O’Gorman as senior vice president, head of special assets, at Peapack-Gladstone Bank.

Working out of the bank’s headquarters in Bedminster, O’Gorman’s primary responsibilities includes managing various workout situations and processes for the bank. O’Gorman will also manage the bank’s workout portfolio, recommending risk rating changes and impairment levels to executive management, negotiating with borrowers, developing workout strategies, assisting with policy and procedure updates and other credit-related matters.

An accomplished financial professional, O’Gorman brings to the bank 35 years of banking experience, previously serving as workout director at Santander Bank, where he was responsible for the workout portfolio management.

Prior to that, he served as senior director, special assets, at Capital One Bank; director of mergers & acquisitions at Alcatel-Lucent; and in equally impressive roles at Wells Fargo Bank.