Doug Kennedy
About Doug Kennedy
Doug Kennedy serves as the President and Chief Executive Officer of Peapack-Gladstone Bank, where he has significantly influenced the bank's reputation in wealth management and financial services in the Metro New York area. With over 40 years of experience in the financial industry, he has held various leadership positions and received multiple accolades for his contributions to banking and finance.
Work at Peapack-Gladstone Bank
Doug Kennedy serves as the President and Chief Executive Officer of Peapack-Gladstone Bank, a position he has held since 2012. Under his leadership, the bank has established itself as a leader in wealth management, trust, lending, and deposit solutions within the Metro New York region. Kennedy has been pivotal in the bank's recognition by Forbes as one of America's top 50 most trusted financial institutions in 2015. His strategic vision and direction have contributed to the bank's growth and reputation in the financial services sector.
Education and Expertise
Doug Kennedy is a graduate of Sacred Heart University in Fairfield, Connecticut, where he earned a Bachelor of Science in Economics and a Master of Business Administration in Finance. His educational background provides a solid foundation for his extensive career in the financial services industry, which spans over 40 years. Kennedy's expertise encompasses various aspects of banking, including wealth management and commercial banking.
Background
Before joining Peapack-Gladstone Bank, Doug Kennedy held significant positions at Capital One and North Fork Bank. He served as Executive Vice President and Market President at Capital One from 2004 to 2012. Prior to that, he was President of North Fork Bank in New Jersey and Executive Vice President of Commercial Banking from 2004 to 2008. His diverse experience in various banking roles has equipped him with a comprehensive understanding of the financial landscape.
Achievements
Doug Kennedy has received numerous accolades for his contributions to the banking industry. He has been named to the NJBIZ 'Power 100' list from 2020 through 2024 and recognized as an NJBIZ 'Icon' in 2020. Additionally, he has been included in the ROI-NJ 'Influencers: Power List - Banking & Finance' from 2021 to 2024. In 2022, he was named to City & State NY’s Economic Development Power 100 list. Kennedy also serves on various boards, including the Board of Trustees at Sacred Heart University and Montclair State University.
Board Memberships and Leadership Roles
Doug Kennedy holds several influential positions in various organizations. He was appointed to the Board of Directors of the Federal Reserve Bank of New York as a Class A Director in January 2020 and was reelected in 2022 for an additional three-year term. He is also a member of the New Jersey Chamber of Commerce Board of Directors. His involvement in these boards reflects his commitment to economic development and leadership within the financial sector.