Wheaton Precious Metals Names Haytham Hodaly CEO; Smallwood Becomes Non-Executive Chair
- Wheaton appoints Haytham Hodaly as CEO effective March 31, 2026, succeeding co‑founder Randy Smallwood. • Hodaly, at Wheaton since 2012 and president since 2025, executed over $11 billion in streaming deals. • Smallwood becomes Wheaton’s non‑executive chair; George Brack shifts to lead independent director for continuity.
Streaming Specialist Steps Up: Hodaly to Lead Wheaton Precious Metals
Wheaton Precious Metals names Haytham Hodaly as chief executive officer in a planned succession that takes effect on March 31, 2026, the company announces. Hodaly, currently president, succeeds co‑founder Randy Smallwood, who steps down as CEO and becomes non‑executive chair to preserve leadership continuity. The move accompanies a governance shift in which George Brack, chair since 2022 and a director since 2009, transitions to lead independent director, the company says in a Vancouver, British Columbia, release distributed by PR Newswire.
Hodaly brings technical and capital markets experience to the top role, combining a background as a mining engineer and a former director and mining analyst at RBC with more than a decade at Wheaton. He joins the company in 2012 as senior vice‑president, corporate development, is promoted to president in 2025 and is credited with executing more than $11 billion in streaming transactions and building a highly regarded technical team. The board expects his experience across deal execution and mine development to guide strategy and operational delivery across the streaming business.
Wheaton frames the change as a leadership evolution to support its next growth phase in the precious metals streaming sector. Hodaly says he is honored to lead the company at an “exciting time” for precious metals and outlines a clear vision to back the next generation of mine builders, deliver sustainable value for stakeholders and preserve the principles that establish Wheaton as a streaming industry leader. Smallwood thanks the board and team for their partnership and commits to mentoring management and aligning behind the company’s long‑term strategy in his new non‑executive role.
Board Reshuffle and Effective Date
The executive transitions are effective March 31, 2026, when Hodaly also joins Wheaton’s board. Smallwood’s move to non‑executive chair and Brack’s shift to lead independent director are presented as measures to ensure continuity of governance and to retain institutional knowledge during the handover.
Founder’s Legacy and Strategic Continuity
Smallwood, who has led the company for more than 15 years and co‑founded Wheaton, describes building the organisation alongside a dedicated team as the privilege of his career and signals ongoing involvement in shaping corporate direction. The company emphasizes the succession as part of a deliberate plan to sustain its streaming model while pursuing future growth opportunities in the precious metals sector.
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