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RNS Number : 8286S Wheaton Precious Metals Corp. 10 January 2025
January 10, 2025
Vancouver, British Columbia
Wheaton Precious Metals Announces Chief Financial Officer Transition
Vancouver, British Columbia - Wheaton Precious Metals™ Corp. ("Wheaton" or
the "Company") today announced that Gary Brown will be stepping down from his
role as Chief Financial Officer ("CFO"), effective March 31, 2025. As part of
a planned leadership succession, Vincent Lau, Wheaton's Vice President of
Finance, will be appointed CFO and will join the senior leadership team.
A Fond Farewell to Gary Brown
Throughout his nearly 17 years of dedicated service, Mr. Brown has played an
integral role in the Company's financial growth, strategic direction, and risk
management, all contributing to Wheaton's long-term success. Mr. Brown's
legacy will be marked by a strong financial foundation, a culture of
excellence, and a focus on sustainable growth.
"Gary's strategic foresight, financial aptitude and disciplined approach to
risk management have been essential in establishing Wheaton as a leader in its
sector, and he has played a key role in driving Wheaton's industry-leading
performance," said Randy Smallwood, President & Chief Executive Officer of
Wheaton Precious Metals. "Gary's commitment to developing a culture of
excellence has shaped our financial stability and positioned us for continued
success. I am immensely grateful for his contribution and wish him all the
best in this next chapter of life."
"It has been an honour and privilege to have been a part of the Wheaton team
since 2008," said Gary Brown. "Over my tenure with the Company, I have had
the pleasure of building and mentoring a highly motivated and qualified
finance team that I am incredibly proud of, and who are well-prepared to
continue driving the Company's success under Vincent's capable leadership."
Announcing Vincent Lau as Incoming Chief Financial Officer
Vincent has served as Wheaton's Vice President of Finance for 13 years, where
he has managed the corporate finance and risk management functions. Prior to
joining Wheaton, Vincent held senior finance roles at CHC Helicopters and in
KPMG's Transaction Services group based in New York. Vincent holds the
Chartered Professional Accountant and Chartered Financial Analyst designations
and received a Bachelor of Commerce degree from the University of British
Columbia.
"For more than a decade, Vincent has been an indispensable member of Wheaton's
finance leadership team, and we are thrilled to welcome him to our senior
leadership team" said Randy Smallwood, President and Chief Executive Officer
of Wheaton Precious Metals. "Vincent's deep financial acumen, coupled with a
forward-thinking approach to growth and risk management, will be invaluable as
we continue to build on our successes."
About Wheaton Precious Metals
Wheaton 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. Wheaton creates sustainable value through streaming for all
of its stakeholders.
For further information, please contact:
Wheaton Precious Metals:
Emma Murray
Vice President, Investor Relations
Tel: 1-844-288-9878
Email: info@wheatonpm.com
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