Published: March 24, 2026 |

[Click image to enlarge]

Randy Smallwood
[Click image to enlarge]

Haytham Hodaly
[Click image to enlarge]

Wheaton Precious Metals, as part of the company’s strategic succession planning, said current president Haytham Hodaly will succeed Randy Smallwood as Wheaton’s chief executive officer. Haytham Hodaly, currently serving as president, will transition to president and CEO and join the company’s board of directors, effective March 31, 2026.

After more than 15 years of leading the business he co-founded, Randy Smallwood will step down as CEO and assume the role of non-executive chair of the board of directors, effective March 31, 2026. George Brack, who has served as chair of the board since 2022 and director since 2009, will concurrently transition to lead independent director.

Haytham Hodaly is a seasoned mining industry executive who joined Wheaton in 2012 as senior vice president, Corporate Development before being promoted to president in 2025. A mining engineer by training and a former director and mining analyst at RBC, he brings a unique combination of technical expertise and capital markets experience. Hodaly has played a pivotal role in executing more than $11 billion in streaming transactions, significantly advancing the company’s growth trajectory, while building and leading one of the most highly regarded technical teams in the industry.

“I am honored to step into the role of oresident and CEO at such an exciting time in both the company’s history and the broader precious metals market,” said Haytham Hodaly.

“We have a clear vision for the future and an exceptionally strong foundation from which to grow, positioning us well to support the next generation of mine builders in an unprecedented environment for gold and silver. Our focus remains on delivering sustainable value for all stakeholders, while maintaining the principles that have made Wheaton a leader in the streaming industry. I am deeply grateful to Randy for his guidance and mentorship, and to the board for their confidence in me. I look forward to working closely with our talented team and board as we pursue new opportunities and advance the company’s next phase of growth,” added Hodaly.

“Building and leading this extraordinary organization alongside such a dedicated and talented team has been the privilege of my career. I am deeply grateful to the board — current and former members included — for its guidance and partnership over the past two decades, as well as our team for their steadfast commitment to creating what I believe is one of the strongest precious metals companies in the world today,” said Randy Smallwood.

“This leadership evolution marks a significant milestone in Wheaton’s long-term strategy, to develop, support and elevate the next generation of leadership and further accelerate the company’s momentum. I can truly say that I have never been more confident in our future. Haytham has been instrumental in shaping Wheaton’s success to date, and his leadership will be an essential element of our anticipated next phase of transformative growth. As I move into the role of chair of the board, I remain fully committed to supporting him as CEO and continuing to create value for all stakeholders,” added Smallwood.

Since co-founding Wheaton in 2004 and becoming CEO in 2011, Smallwood has been a transformative leader, guiding Wheaton from the world’s first streaming business to one of the largest precious metals companies in the world. Under his leadership, the company has delivered consistent shareholder value by pursuing strategic growth with a focus on high-quality assets, disciplined capital allocation and investing in innovation. Smallwood has also championed sustainable, community-focused practices, including the launch of Wheaton’s Community Investment Program, the first of its kind in the streaming industry. His operational insight, commitment to fostering partnerships, and strategic vision have solidified Wheaton’s reputation for excellence and resilience in a dynamic global market.

“On behalf of the board of directors, I thank Randy for his visionary leadership and his unwavering dedication to building not only the world’s leading streaming company, but also to advancing the broader mining industry. His commitment to the sector, passion for developing people, and his deep sense of community responsibility have been nothing short of remarkable. We are very pleased that Randy will continue to provide his strategic insight and industry expertise as incoming chair of the board,” said George Brack, current chair of Wheaton’s board of directors.

“Over the past several years, the board has strongly supported Wheaton’s leadership evolution, including the management transitions announced in 2025. We have tremendous confidence in Haytham, who has consistently demonstrated outstanding leadership and played an instrumental role in shaping the strong growth profile that we have today,” added Brack.

Wheaton Precious Metals is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. As a result, Wheaton has consistently outperformed gold and silver, as well as other mining investments. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.

Be in-the-know when you’re on-the-go!

CLICK HERE to register your email address.

Copyright © 2026 Mining Connection LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.

For licensing permission, .(JavaScript must be enabled to view this email address)