Peapack-Gladstone Financial and Peapack-Gladstone Bank added David Santom as a member of the team of private bankers at Peapack Capital, a subsidiary of the bank, which focuses on equipment finance and leasing. Based out of Marlborough, MA, Santom was appointed senior vice president and head of Asset Management at Peapack Capital. He is now responsible for all aspects of the Asset Management function at Peapack Capital including equipment valuations and reviews, portfolio analyses, end of lease negotiations, equipment inspections and dispositions.

With more than 33 years of experience in the equipment finance industry, Santom most recently served as director of Equipment Management at Santander Equipment Finance, as well as at CIT Capital Equipment Finance, where he was responsible for all asset management functions of the business units. Prior to that, Santom served as vice president of Northeast Operations at Asset Control Services, a provider of equipment appraisals, equipment inspections and remarketing services to the equipment finance industry. Additionally, as vice president at John Hancock Leasing, Santom managed a full spectrum of leasing acquisitions and financings, with transaction sizes ranging from $500,000 to $20 million.

Santom started his equipment finance career with American Finance Group, an independent lessor in Boston.

Peapack-Gladstone Financial is a New Jersey bank holding company with total assets of $4.18 billion as of September 30, 2017.