Editor’s Note
This article outlines a planned leadership transition at Wheaton Precious Metals, with Haytham Hodaly set to succeed Randy Smallwood as CEO.
VANCOUVER, BC, Feb. 5, 2026 /PRNewswire/ – Wheaton Precious Metals™ Corp. (“Wheaton” or the “Company”) today announced, as part of the Company’s strategic succession planning, Haytham Hodaly, currently President, will succeed Randy Smallwood as Wheaton’s Chief Executive Officer (“CEO”), reflecting an ongoing leadership evolution to support the next phase in the Company’s growth trajectory.
After more than 15 years of leading the business he co-founded, Mr. Smallwood will step down as CEO and assume the role of non-executive Chair of the Board of Directors, effective March 31, 2026. As Board Chair, Mr. Smallwood’s ongoing involvement will provide leadership continuity and alignment to the Company’s long-term vision. 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, currently serving as President, will transition to President and CEO and join the Company’s Board of Directors, effective March 31, 2026. As President and CEO, Mr. Hodaly will guide the Company’s strategy and ensure effective execution across all areas of the business.
Mr. 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. Mr. 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.
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.”
Since co-founding Wheaton in 2004 and becoming CEO in 2011, Mr. 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. Mr. 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.