Wheaton Precious Metals elevates Haytham Hodaly to CEO to drive streaming strategy

Wheaton elevates internal successor to drive streaming strategy

Succession sets stage for strategic continuity

VANCOUVER — Wheaton Precious Metals is promoting Haytham Hodaly to chief executive officer effective March 31, 2026, in a planned handover designed to preserve the company's streaming-focused strategy as it enters a new growth phase. Hodaly, who is president, joins the board and moves into the chief executive role after more than a decade at Wheaton, where he is credited with building a technical team and executing more than $11 billion in streaming transactions.

The company frames the appointment as part of strategic succession planning to sustain institutional knowledge and operational continuity. Hodaly is a mining engineer with capital markets experience from his time as a director and mining analyst at RBC, and he joined Wheaton in 2012 as senior vice-president of corporate development before being promoted to president in 2025. Management highlights his combined technical and market skills as suited to oversee Wheaton’s core business of providing upfront financing to miners in exchange for future metal streams.

Hodaly emphasizes a focus on supporting the "next generation of mine builders," delivering sustainable value for stakeholders and preserving the principles that have defined Wheaton’s role in the precious metals streaming sector. "I am honoured to lead Wheaton at an exciting time for the company and the precious metals market," he says in the company statement. The board presents the transition as evolutionary rather than disruptive, positioning Hodaly to guide strategy and execution across project origination, technical oversight and investor engagement.

Board roles adjust to maintain governance balance

Co-founder Randy Smallwood steps down as CEO and assumes the role of non-executive chair, retaining a formal governance link to the company while stepping back from daily management. Smallwood, who has led Wheaton for more than 15 years, says he will continue to mentor management and provide alignment with the company’s long-term vision.

George Brack, who has served as chair since 2022 and been a director since 2009, transitions to lead independent director. The leadership changes are disclosed in a release issued from Vancouver by PRNewswire and are presented as measures to sustain continuity while advancing Wheaton’s streaming business model.