#Canada #Vancouver #Wheaton Precious Metals #Haytham Hodaly #Randy Smallwood

Wheaton Precious Metals Announces Leadership Evolution

Wheaton Precious Metals™ Corp. has recently revealed significant changes in its leadership structure as part of a strategic succession plan. Effective March 31, 2026, Haytham Hodaly, currently serving as President, will be taking over the reins as President and CEO from Randy Smallwood. This move marks an essential step in fostering the company's future growth and continuity in leadership.

Following over 15 years of commendable leadership, Mr. Smallwood will transition from the CEO position to non-executive Chair of the Board of Directors. His extensive experience and vision have been pivotal in shaping Wheaton into what it is today. As he steps into this new role, Smallwood's ongoing contribution is expected to provide further alignment and stability as the organization navigates its next growth phase.

Mr. Hodaly, who has been with Wheaton since 2012, brings a wealth of experience to his new position. A mining engineer by training, he has served as Senior Vice President for Corporate Development and was most recently promoted to President in 2025. During his time at Wheaton, Hodaly has been instrumental in executing over $11 billion in streaming transactions, significantly enhancing the company's market position.

Hodaly expressed his enthusiasm regarding his new responsibilities, stating, “I am honored to step into the role of President and CEO at such an exciting time in both the Company's history and the broader precious metals market. We have a clear vision for the future, and an exceptionally strong foundation that will enable us to grow. Our focus remains steadfast on delivering sustainable value for all stakeholders.”

Smallwood also shared sentiments regarding the transition: “Building and leading this extraordinary organization alongside such a dedicated team has been a privilege of my career. I am deeply thankful for the guidance provided by the Board and the commitment exhibited by our team to elevate Wheaton to new heights.” This transformational leadership change demonstrates the company’s ongoing commitment to developing future leaders and ensuring robust continuity in its strategy.

The Board’s support for these leadership transitions reflects a comprehensive strategy to uphold the company’s success while also pursuing further growth opportunities. George Brack, who assumed the role of Chair in 2022, will become the Lead Independent Director concurrently with Smallwood's new appointment as Chair.

Under Mr. Smallwood’s transformative leadership, Wheaton has established itself as a leader in the precious metals streaming sector. His era has seen the company evolve from being the first streaming business globally to one of the largest precious metals firms today.

Wheaton Precious Metals exemplifies a commitment to creating value for its shareholders by focusing on high-quality assets and maintaining a disciplined approach to capital allocation. Moreover, the company has been a pioneer in sustainable mining practices, recently launching initiatives aimed at community investment in regions where they operate.

As both Hodaly and Smallwood prepare to embrace their new roles, they reflect on the legacy of excellence within Wheaton. Smallwood's extensive career has equipped him with a visionary outlook that he will continue to contribute as the Chair of the Board, ensuring that the company remains responsive and responsible in a dynamically evolving global market.

This leadership evolution at Wheaton signals not only a new chapter for the company but also a renewed commitment to excellence, stakeholder value, and responsible mining practices, aligning with global trends in sustainability and corporate governance.

Wheaton Precious Metals remains at the forefront of industry innovation, poised for future growth under the capable leadership of Haytham Hodaly.