Wheaton Precious Metals names Haytham Hodaly as new CEO

Wheaton Precious Metals Corp. (NYSE: WPM) announced that Haytham Hodaly will succeed Randy Smallwood as chief executive officer effective March 31, 2026, according to a company statement.

Smallwood, who co-founded the streaming company in 2004 and served as CEO since 2011, will transition to non-executive chair of the board. George Brack, the current board chair since 2022, will become lead independent director.

Hodaly, currently serving as president, joined Wheaton in 2012 as senior vice president of corporate development before his promotion to president in 2025. The mining engineer previously worked as a director and mining analyst at RBC.

The company stated that Hodaly has participated in executing more than $11 billion in streaming transactions during his tenure. He will join the board of directors when he assumes the CEO role.

"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," Hodaly said in the statement.

Smallwood expressed confidence in the leadership transition, stating he has "never been more confident in our future" and that Hodaly "has been instrumental in shaping Wheaton's success to date."

The Vancouver-based company describes itself as a precious metals streaming business that provides upfront capital to mining companies in exchange for the right to purchase metals at predetermined prices. Wheaton operates what it calls a portfolio of long-life, low-cost assets.

The leadership change represents part of the company's succession planning strategy, according to the announcement.

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