#Canada #Vancouver #Wheaton Precious Metals #Gary Brown #Vincent Lau

Wheaton Precious Metals: A New Chapter in Leadership

In an important announcement on January 9, 2025, Wheaton Precious Metals™ Corp. disclosed a significant transition within its leadership team. Gary Brown, who has been serving as the Chief Financial Officer (CFO) for nearly 17 years, will be stepping down from his role on March 31, 2025. The board has decided to appoint Vincent Lau, currently serving as the Vice President of Finance, to be the new CFO.

Farewell to a Financial Leader

Gary Brown has been a pivotal force in Wheaton’s financial strategy and growth over his tenure, contributing to the company's vision and success. His departure signifies not just the end of an era, but also the culmination of nearly two decades of dedicated service where he established a robust financial framework that has been instrumental to Wheaton’s resilience and market presence.

Randy Smallwood, President and CEO of Wheaton Precious Metals, praised Brown’s strategic insight, emphasizing his critical role in positioning Wheaton as a sector leader. “Gary’s strategic foresight, financial aptitude, and disciplined approach to risk management have been essential in establishing Wheaton as a leader in its sector,” Smallwood mentioned. “I am immensely grateful for his contributions and wish him all the best in this next chapter of life.”

In his farewell, Brown reflected on his journey at Wheaton since 2008, expressing pride in having built a motivated and qualified finance team. He noted the team's preparedness to carry on the company's mission under the leadership of Vincent Lau.

Introducing Vincent Lau

Vincent Lau brings a wealth of experience to his new role as CFO. Having spent 13 years at Wheaton in the Vice President of Finance position, he has shown exceptional leadership in managing both corporate finance and risk management operations. Lau's impressive background includes senior finance roles at CHC Helicopters and KPMG in New York. He is not only a Chartered Professional Accountant but also a Chartered Financial Analyst, holding a Bachelor of Commerce degree from the University of British Columbia.

“Vincent’s deep financial acumen, coupled with a forward-thinking approach to growth and risk management, will be invaluable as we continue to build on our successes,” Smallwood remarked. The appointment of Lau reflects Wheaton's commitment to a well-planned succession strategy aimed at ensuring smooth transitions within its leadership.

Looking Ahead

As Wheaton Precious Metals embarks on this new chapter, it remains focused on its position as a leader in the precious metals sector. The company is renowned for offering investors substantial commodity price leverage while mitigating risks compared to traditional mining companies. With a commitment to sustainable growth and strong ESG practices, Wheaton is aiming to further enhance its portfolio and stakeholder value.

As Gary Brown passes the torch to Vincent Lau, it will be intriguing to see how Lau's vision and expertise shape the future of Wheaton Precious Metals, steering the company toward new heights of achievement amid a constantly evolving market landscape. The leadership transition promises exciting possibilities, marking a fresh start for one of the industry's key players.