Frank A. Kissel has had a long career in banking, starting at Peapack-Gladstone Financial in 1988. He played a crucial role in the company, becoming the CEO in 1989 and serving until October 2012. Under his leadership, the bank faced...

Frank A. Kissel has had a long career in banking, starting at Peapack-Gladstone Financial in 1988. He played a crucial role in the company, becoming the CEO in 1989 and serving until October 2012. Under his leadership, the bank faced tough regulations and economic challenges, particularly during the TARP era. After stepping down as CEO, he remained the Chairman until 2015. His focus was always on aligning executive and shareholder interests. Kissel’s compensation was heavily tied to performance metrics, reflecting the company's growth in a competitive market. In 2012, his total package was $793,548, which included a cash bonus of $167,200 for strong personal and company performance. Notably, he garners attention for his steady stock holdings, with values fluctuating significantly. In 2019, he reported insider trading activity with values up to $4.93 million, showing confidence in the bank's direction. His education in business administration provided a strong foundation for his role in finance, where he's known for conservative yet effective strategies in executive compensation and shareholder engagement.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Peapack-Gladstone Financial CEOs

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Frank A. Kissel

Ex-CEO of Peapack-Gladstone Financial

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

CEO of Peapack-Gladstone Financial for

23 years 9 months (Jan 1989 - Oct 2012)

Previous Experience

Assistant to the President at Peapack-Gladstone Bank

Rivals

Competitors/colleagues of Frank A. Kissel

F

Van A. Dukeman

CEO of First Busey Corporation

2023 Compensation

Stock

$0.00

Salary

$725.00K

Bonus

$561.88K

Other

$51.10K

Total Holdings

$9.87M

S

Christopher J. McComish

CEO of S&T Bancorp

2023 Compensation

Stock

$150.00K

Salary

$350.00K

Bonus

$70.00K

Other

$20.00K

Total Holdings

$715.40K

P

Anthony Labozzetta

CEO of Provident Financial Services

2023 Compensation

Stock

$61.82K

Salary

$818.27K

Bonus

$309.38K

Other

$121.55K

Total Holdings

$8.84M

U

Jeffrey M. Schweitzer

CEO of Univest Financial Corporation

2022 Compensation

Stock

$0.00

Salary

$806.00K

Bonus

$250.57K

Other

$26.25K

Total Holdings

$2.56M

Holdings

See how much did Frank A. Kissel make over time.

Frank A. Kissel's insider trading history shows significant fluctuations in his stock holdings. In 2019, his holdings ranged from $3.77 million to a peak of $4.15 million in December. The following year, values varied, indicating his active engagement in the...

Frank A. Kissel's insider trading history shows significant fluctuations in his stock holdings. In 2019, his holdings ranged from $3.77 million to a peak of $4.15 million in December. The following year, values varied, indicating his active engagement in the market. His biggest reported value was $5.46 million in November 2022. Over the years, these values reflect both high confidence in Peapack-Gladstone’s potential and responsive trading strategies. As of late 2024, his holdings remained around $3.35 million, consistent with market trends and his history of adapting to changing conditions in the financial sector.

Charitable Transactions

PGC

528 shares

PGC

Recent Charitable Transactions

PGC

528 shares

PGC

Feb 10, 2015

Charity

Insider Trading

See recent insider trades of Frank A. Kissel.

PGC

528 shares

PGC

Feb 10, 2015

Charity

PGC

$39.95K

PGC at $17.00/share

Dec 12, 2013

Purchase

PGC

3,448 shares

PGC

Mar 1, 2013

Received

PGC

9,095 shares

PGC

Jan 3, 2012

Received

PGC

$10.96K

PGC at $10.96/share

Jun 10, 2011

Purchase

PGC

7,206 shares

PGC

Jan 3, 2011

Received

Compensation History

See how much did Frank A. Kissel make over time.

In 2012, Frank A. Kissel's total compensation was $793,548, reflecting his performance-driven approach. His cash salary was $418,000, complemented by a performance-based bonus of $167,200. The bonus was awarded for individual achievements and the strong overall performance of Peapack-Gladstone, highlighting his effectiveness as a leader during a challenging economic climate. He also received vested stock awards valued at $97,500, linking his interests with shareholder outcomes. Throughout his tenure, his compensation was influenced by market comparisons and company performance, aligning with a conservative approach designed to attract and retain top talent in a competitive industry. Notably, his pay structure evolved over the years, especially during periods of economic recovery and restructuring.

Year

2012

Total Compensation

$793.55K

Salary

$418.00K

Board Justification

Peapack-Gladstone's compensation philosophy is designed to attract and retain talented executives while aligning their interests with those of shareholders through a combination of base salary, cash bonuses, and equity compensation.

Bonus

$167.20K

Board Justification

The cash bonus for 2012 was awarded based on individual performance and the overall performance of Peapack-Gladstone, reflecting a strong financial year.

Other

$110.85K

Board Justification

Other compensation includes contributions to the 401(k) plan and other benefits provided to the CEO.

Restricted Stock

$97.50K(9.1K RSU)

Board Justification

In 2012, Frank A. Kissel received a restricted stock award that vested, amounting to 9,095 shares, which were granted to align his interests with those of the shareholders.

Performance Metrics

The performance metrics for determining the compensation included the overall financial performance of Peapack-Gladstone and individual contributions to the company's strategic goals.

Other Peapack-Gladstone Financial CEOs

Here are other CEOs of Peapack-Gladstone Financial

Douglas L. Kennedy

CEO of Peapack-Gladstone Financial

October 2012 - Present