Douglas L.  Kennedy net worth and biography

Douglas Kennedy Biography and Net Worth

Douglas Kennedy is responsible for developing and executing on the Bank’s strategic vision – Expanding Our Reach – which was launched in 2013. Doug leads the Company’s wealth, lending and deposit lines of business, along with its branding, human capital, operations and technology functions, to deliver the Bank’s unique private banking style of client service and superior product solutions.

With more than 40 years in the industry, Doug is a passionate, highly competitive, creative, and versatile financial services leader with a proven track record of building and repositioning businesses. He is dedicated to the communities where he lives and works, and is an innovator who has made it his mission to transform Peapack-Gladstone Bank and its wealth management division, Peapack Private, into a financial services powerhouse, able to compete at the highest level. In 2018, 2019 and 2020, the Bank was recognized by American Banker as a “Best Bank to Work For”.

Doug challenges his employees to live by a set of strategic and visionary core principles that put clients, each other and the community above all else. He encourages both corporate and individual responsibility, and proactive reinvestment in communities with the greatest needs. He values volunteerism and generously gives to local organizations that are important to the fabric of everyday life.

Doug is a graduate of Sacred Heart University in Fairfield, Connecticut with a BS in Economics and an MBA in Finance. He sits on Sacred Heart’s Board of Trustees and is also a member of Montclair State University’s Board of Trustees. Doug serves on the Boards of the NJBankers Association and New Jersey Chamber of Commerce. In 2021 and 2020, Doug was named to the NJBIZ "Power 100" list. He has been named to the NJBIZ “Power 50 Banking” list in previous years. In 2020, Doug was named an NJBIZ "Icon". In 2021, Doug was also named to the ROI-NJ "Influencers: Power List - Banking & Finance". He was appointed to the Board of Directors of the Federal Reserve Bank of New York (New York Fed) in January 2020.

What is Douglas L. Kennedy's net worth?

The estimated net worth of Douglas L. Kennedy is at least $2.45 million as of November 5th, 2018. Mr. Kennedy owns 100,049 shares of Peapack-Gladstone Financial stock worth more than $2,450,200 as of March 28th. This net worth approximation does not reflect any other assets that Mr. Kennedy may own. Additionally, Mr. Kennedy receives an annual salary of $1,720,000.00 as CEO at Peapack-Gladstone Financial. Learn More about Douglas L. Kennedy's net worth.

How old is Douglas L. Kennedy?

Mr. Kennedy is currently 67 years old. There are 4 older executives and no younger executives at Peapack-Gladstone Financial. Learn More on Douglas L. Kennedy's age.

What is Douglas L. Kennedy's salary?

As the CEO of Peapack-Gladstone Financial Co., Mr. Kennedy earns $1,720,000.00 per year. Learn More on Douglas L. Kennedy's salary.

How do I contact Douglas L. Kennedy?

The corporate mailing address for Mr. Kennedy and other Peapack-Gladstone Financial executives is 500 HILLS DRIVE, BEDMINSTER NJ, 07921. Peapack-Gladstone Financial can also be reached via phone at (908) 234-0700 and via email at [email protected]. Learn More on Douglas L. Kennedy's contact information.

Has Douglas L. Kennedy been buying or selling shares of Peapack-Gladstone Financial?

Douglas L. Kennedy has not been actively trading shares of Peapack-Gladstone Financial during the last ninety days. Most recently, Douglas L. Kennedy sold 5,000 shares of the business's stock in a transaction on Thursday, September 30th. The shares were sold at an average price of $33.41, for a transaction totalling $167,050.00. Learn More on Douglas L. Kennedy's trading history.

Who are Peapack-Gladstone Financial's active insiders?

Peapack-Gladstone Financial's insider roster includes John Babcock (EVP), Jeffrey Carfora (Sr. EVP & CFO ), Peter Horst (Director), Douglas Kennedy (CEO), Robert Plante (Exec. VP & COO ), Todd Poland (EVP), Gregory Smith (EVP), and Stuart Vorcheimer (EVP). Learn More on Peapack-Gladstone Financial's active insiders.

Are insiders buying or selling shares of Peapack-Gladstone Financial?

In the last twelve months, Peapack-Gladstone Financial insiders bought shares 4 times. They purchased a total of 8,338 shares worth more than $239,524.44. In the last twelve months, insiders at the financial services provider sold shares 2 times. They sold a total of 10,500 shares worth more than $316,290.00. The most recent insider tranaction occured on January, 30th when EVP Gregory Martin Smith sold 4,500 shares worth more than $135,090.00. Insiders at Peapack-Gladstone Financial own 7.6% of the company. Learn More about insider trades at Peapack-Gladstone Financial.

Information on this page was last updated on 1/30/2024.

Douglas L. Kennedy Insider Trading History at Peapack-Gladstone Financial

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/30/2021Sell5,000$33.41$167,050.00View SEC Filing Icon  
9/17/2021Sell5,000$32.61$163,050.00View SEC Filing Icon  
9/3/2021Sell5,000$33.12$165,600.00View SEC Filing Icon  
8/27/2021Sell5,000$33.52$167,600.00View SEC Filing Icon  
8/13/2021Sell5,000$33.02$165,100.00View SEC Filing Icon  
7/30/2021Sell5,000$32.45$162,250.00View SEC Filing Icon  
11/2/2020Buy1,000$18.15$18,150.00View SEC Filing Icon  
3/16/2020Buy2,000$15.87$31,740.00
11/5/2018Buy1,000$27.96$27,960.00100,049View SEC Filing Icon  
4/26/2016Buy2,000$19.50$39,000.00174,447View SEC Filing Icon  
3/9/2016Buy1,000$17.21$17,210.00155,976View SEC Filing Icon  
2/3/2016Buy5,000$17.91$89,550.00154,976View SEC Filing Icon  
8/24/2015Buy1,400$20.25$28,350.00149,976View SEC Filing Icon  
12/12/2013Buy9,459$17.00$160,803.00View SEC Filing Icon  
8/1/2013Buy2,500$19.95$49,875.00View SEC Filing Icon  
5/3/2013Buy4,000$14.55$58,200.00View SEC Filing Icon  
3/6/2013Buy3,000$15.08$45,240.00View SEC Filing Icon  
11/15/2012Buy7,130$13.93$99,320.90View SEC Filing Icon  
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Douglas L. Kennedy Buying and Selling Activity at Peapack-Gladstone Financial

This chart shows Douglas L Kennedy's buying and selling at Peapack-Gladstone Financial by year and by quarter.

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Peapack-Gladstone Financial Company Overview

Peapack-Gladstone Financial logo
Peapack-Gladstone Financial Corporation operates as the bank holding company for Peapack-Gladstone Bank that provides private banking and wealth management services in the United States. The company operates in two segments, Banking and Peapack Private. It offers checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, and individual retirement accounts. The company also provides working capital lines of credit, term loans for fixed asset acquisitions, commercial mortgages, multi-family mortgages, and other forms of asset-based financing services; and residential mortgages, home equity lines of credit, and other second mortgage loans. In addition, it offers corporate and industrial (C&I) and equipment finance, commercial real estate, multifamily, residential, and consumer lending activities; treasury management services; C&I advisory services; escrow management; deposit generation; investment management services; personal trust services, including services as executor, trustee, administrator, custodian, and guardian; and other financial planning, tax preparation, and advisory services. Further, the company provides telephone and Internet banking, merchant credit card, and customer support sales services. Its private banking clients include businesses, non-profits, and consumers; wealth management clients comprise individuals, families, foundations, endowments, trusts, and estates; and commercial loan clients include business owners, professionals, retailers, contractors, and real estate investors. The company operates its private banking locations in Bedminster, Morristown, Princeton, and Teaneck, New Jersey; and branches in Somerset, Morris, Hunterdon, and Union counties, as well as operates automated teller machines. Peapack-Gladstone Financial Corporation was founded in 1921 and is headquartered in Bedminster, New Jersey.
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Today's Range

Now: $24.49
Low: $23.88
High: $24.49

50 Day Range

MA: $24.89
Low: $22.63
High: $30.22

2 Week Range

Now: $24.49
Low: $21.58
High: $31.49

Volume

43,087 shs

Average Volume

79,464 shs

Market Capitalization

$434.70 million

P/E Ratio

9.04

Dividend Yield

0.87%

Beta

0.99