Peapack-Gladstone Financial Corporation and Peapack Private Bank & Trust announced the promotion of Roz Ostler to Senior Vice President, Head of Asset Management of Peapack Capital, the company's equipment finance and leasing subsidiary. This leadership appointment places Ostler in charge of overseeing the overall operations of the Asset Management Group, with direct responsibility for ensuring disciplined equipment management practices, maintaining strong internal controls, and delivering comprehensive reporting for the division.
Ostler's key responsibilities will encompass equipment-related analysis, evaluations, appraisals, and asset sales, alongside inventory management for Peapack Capital's equipment portfolio, which is valued at $1 billion and continues to expand. This promotion underscores the strategic importance of asset management within the company's equipment finance operations, particularly as the portfolio scales. The move highlights how financial institutions are prioritizing specialized expertise to manage complex, tangible asset portfolios effectively, a critical factor for risk mitigation and value optimization in the equipment leasing industry.
With 20 years of experience in the finance industry, Ostler brings a depth of knowledge to the role. Her career includes tenure at Signature Financial and KeyCorp Leasing, where she began her equipment leasing career. She has also held positions at Crestmark Equipment Finance, a commercial finance division of Pathward. This diverse background across multiple financial firms provides her with a broad perspective on industry best practices and operational challenges. Her professional credentials include being an accredited Senior Appraiser with the American Society of Appraisers and holding the CLFP® (Certified Leasing and Finance Professional) designation, which validates her specialized expertise in the field.
For business and technology leaders, this appointment reflects a broader industry trend where the management of physical assets—from industrial machinery to technology equipment—requires leaders who blend financial acumen with operational rigor. As companies increasingly rely on leased equipment for operational flexibility and capital preservation, the role of asset management becomes more integral to financial health and strategic planning. Effective leadership in this area can influence portfolio performance, residual value realization, and compliance with evolving regulatory standards.
Peapack-Gladstone Financial Corporation, the parent company, is a New Jersey bank holding company with total assets of $7.5 billion and assets under management and/or administration of $13.1 billion as of December 31, 2025. Its subsidiary, Peapack Private Bank & Trust, founded in 1921, operates with a client-centric approach, offering wealth management, investment banking, and commercial banking solutions. More information about the bank's services can be found at https://www.peapackprivate.com. The original announcement was issued via https://www.newmediawire.com.
Ostler's promotion is not only a significant career milestone but also an indicator of Peapack Capital's commitment to strengthening its asset management capabilities. For the equipment finance industry, it emphasizes the growing need for certified professionals who can navigate the complexities of asset valuation, lifecycle management, and market-driven sales strategies. As technology continues to evolve, impacting both the equipment being financed and the tools used to manage it, leadership with Ostler's appraisal and certification background may prove increasingly valuable in driving efficiency and innovation within asset management operations.
