Peapack Capital Promotes Magarro to SVP, Senior Underwriter



Peapack-Gladstone Financial and Peapack-Gladstone Bank promoted Dennis R. Magarro to senior vice president, senior underwriter at Peapack Capital, a subsidiary of Peapack-Gladstone Bank. Magarro is responsible for credit and underwriting functions at Peapack Capital, which focuses on equipment finance and leasing.

Magarro has 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, he held key positions at Santander Bank, MUFG/The Bank of Tokyo-Mitsubishi Capital Leasing and Finance, RBS/Citizens Asset Finance, GE/GE Capital and Arthur Andersen. At RBS/Citizens Asset Finance, Magarro was a member of the president’s advisory council and received the president’s Outstanding Achievement Award in 2012.


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