A-Mark Precious Metals Appoints Cary Dickson as Chief Financial Officer Effective July 1, 2025

Core Points - A-Mark Precious Metals, Inc. has appointed Cary Dickson as Chief Financial Officer effective July 1, 2025, after Kathleen Simpson-Taylor's retirement [1][2] - The Board of Directors has extended the contracts of President Thor Gjerdrum and COO Brian Aquilino for an additional three years, through June 30, 2028 [4] Management Changes - Cary Dickson, who previously served as CFO from November 2015 to September 2019, will re-join A-Mark as Executive Vice President on May 2, 2025, before assuming the CFO role [1][2] - Kathleen Simpson-Taylor has been acknowledged for her contributions during her tenure, which saw transformational growth for the company [3] - Dickson expressed excitement about returning to A-Mark and focusing on strategic priorities, including capital efficiency and integration initiatives [3] Company Overview - A-Mark Precious Metals, founded in 1965, is a fully integrated precious metals platform offering a range of products including gold, silver, platinum, palladium, and copper [5] - The company operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending [5][12] - A-Mark has a global customer base that includes mints, manufacturers, refiners, dealers, financial institutions, and retail customers [5] Business Operations - The Wholesale Sales & Ancillary Services segment purchases and distributes precious metal products, including being a U.S. Mint-authorized purchaser since 1986 [6][7] - The Direct-to-Consumer segment operates multiple websites targeting specific niches within the precious metals retail market [11] - A-Mark's Secured Lending segment provides loans secured by bullion and numismatic coins through its subsidiary, Collateral Finance Corporation [12]