Wheaton Precious Metals Announces Chief Financial Officer Transition

Leadership Transition - Gary Brown will step down as CFO effective March 31, 2025, after nearly 17 years of service [1] - Vincent Lau, Vice President of Finance for 13 years, will be appointed as the new CFO [1][2] - Gary Brown played a key role in the company's financial growth, strategic direction, and risk management, contributing to its long-term success [3][5] New CFO Background - Vincent Lau has 13 years of experience managing corporate finance and risk management functions at Wheaton [2] - Prior to Wheaton, Vincent held senior finance roles at CHC Helicopters and KPMG's Transaction Services group in New York [2] - Vincent holds CPA and CFA designations and a Bachelor of Commerce degree from the University of British Columbia [2] Company Overview - Wheaton is the world's premier precious metals streaming company with a high-quality portfolio of long-life, low-cost assets [4] - The company's business model offers investors commodity price leverage and exploration upside with lower risk compared to traditional mining companies [4] - Wheaton delivers among the highest cash operating margins in the mining industry, enabling competitive dividends and growth through accretive acquisitions [4] - The company has consistently outperformed gold, silver, and other mining investments [4] - Wheaton is committed to strong ESG practices and community engagement in areas where it and its mining partners operate [4] Leadership Perspectives - Randy Smallwood, President and CEO, praised Vincent Lau's financial acumen and forward-thinking approach to growth and risk management [4] - Randy Smallwood acknowledged Gary Brown's strategic foresight, financial aptitude, and disciplined risk management as key factors in establishing Wheaton as a sector leader [5] - Gary Brown expressed pride in building and mentoring a highly motivated finance team, confident in their ability to continue the company's success under Vincent Lau's leadership [5]