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Wheaton Precious Metals Announces Chief Financial Officer Transition

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Wheaton Precious Metals announced a planned CFO transition, with Gary Brown stepping down effective March 31, 2025, after nearly 17 years of service. Vincent Lau, current Vice President of Finance, will succeed as the new CFO.

Brown's tenure was marked by contributions to the company's financial growth, strategic direction, and risk management. Lau brings 13 years of experience as Wheaton's VP of Finance, managing corporate finance and risk management functions. His background includes senior finance roles at CHC Helicopters and KPMG's Transaction Services group in New York. He holds CPA and CFA designations with a Bachelor of Commerce from the University of British Columbia.

Wheaton Precious Metals ha annunciato una transizione pianificata del CFO, con Gary Brown che si dimetterà il 31 marzo 2025, dopo quasi 17 anni di servizio. Vincent Lau, attuale Vice Presidente della Finanza, lo succederà come nuovo CFO.

Il mandato di Brown è stato caratterizzato da contributi alla crescita finanziaria dell'azienda, alla direzione strategica e alla gestione del rischio. Lau porta con sé 13 anni di esperienza come VP della Finanza di Wheaton, gestendo le funzioni di finanza aziendale e gestione del rischio. La sua esperienza include ruoli senior in campo finanziario presso CHC Helicopters e nel gruppo di Servizi di Transazione di KPMG a New York. Ha ottenuto le certificazioni CPA e CFA e ha conseguito una Laurea in Commercio presso l'Università della British Columbia.

Wheaton Precious Metals anunció una transición planificada de CFO, con Gary Brown renunciando a partir del 31 de marzo de 2025, después de casi 17 años de servicio. Vincent Lau, actual Vicepresidente de Finanzas, sucederá como el nuevo CFO.

El mandato de Brown se caracterizó por sus contribuciones al crecimiento financiero de la empresa, a la dirección estratégica y a la gestión de riesgos. Lau tiene 13 años de experiencia como VP de Finanzas de Wheaton, gestionando funciones de finanzas corporativas y gestión de riesgos. Su experiencia incluye roles séniores en finanzas en CHC Helicopters y en el grupo de Servicios de Transacciones de KPMG en Nueva York. Posee las certificaciones CPA y CFA, así como una Licenciatura en Comercio de la Universidad de British Columbia.

Wheaton Precious Metals는 CFO의 계획된 인사이동을 발표하며, Gary Brown이 2025년 3월 31일부로 사임할 예정이라고 밝혔습니다. 그는 거의 17년 간의 근무를 마칩니다. Vincent Lau는 현재 재무 부사장으로, 새로운 CFO로 임명될 것입니다.

Brown의 재직 기간 동안 회사의 재무 성장, 전략적 방향 및 리스크 관리를 위한 기여가 돋보였습니다. Lau는 Wheaton의 재무 부사장으로 13년의 경험을 가지고 있으며, 기업 재무 및 리스크 관리 기능을 관리해왔습니다. 그의 경력에는 CHC Helicopters 및 뉴욕의 KPMG 거래 서비스 그룹에서의 고위 재무 역할이 포함되어 있습니다. 그는 British Columbia 대학교에서 상업학 학사 학위를 취득하였고 CPA 및 CFA 자격증을 보유하고 있습니다.

Wheaton Precious Metals a annoncé une transition planifiée du CFO, avec Gary Brown qui démissionnera à compter du 31 mars 2025, après près de 17 ans de service. Vincent Lau, actuel Vice-Président des Finances, lui succédera en tant que nouveau CFO.

Le mandat de Brown a été marqué par des contributions à la croissance financière de l'entreprise, à l'orientation stratégique et à la gestion des risques. Lau apporte 13 ans d'expérience en tant que VP des Finances chez Wheaton, en gérant les fonctions de finance d'entreprise et de gestion des risques. Son parcours comprend des postes financiers de haut niveau chez CHC Helicopters et dans le groupe des Services de Transactions de KPMG à New York. Il détient les désignations CPA et CFA ainsi qu'un diplôme en commerce de l'Université de la Colombie-Britannique.

Wheaton Precious Metals gab eine geplante CFO-Übergabe bekannt, wobei Gary Brown zum 31. März 2025 zurücktritt, nach fast 17 Jahren im Dienst. Vincent Lau, aktueller Vizepräsident der Finanzen, wird als neuer CFO nachfolgen.

Brown's Amtszeit war geprägt von Beiträgen zum finanziellen Wachstum des Unternehmens, zur strategischen Ausrichtung und zum Risikomanagement. Lau bringt 13 Jahre Erfahrung als VP der Finanzen bei Wheaton mit und leitet die Unternehmensfinanzierung und das Risikomanagement. Sein beruflicher Hintergrund umfasst leitende Finanzpositionen bei CHC Helicopters und der Transaktionsdienstleistungsgruppe von KPMG in New York. Er hat die Zertifizierungen CPA und CFA sowie einen Bachelor of Commerce von der University of British Columbia.

Positive
  • Planned and organized leadership transition indicating corporate stability
  • Internal promotion demonstrates strong succession planning
  • New CFO brings 13 years of company-specific experience
Negative
  • None.

VANCOUVER, BC, Jan. 9, 2025 /PRNewswire/ - 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.

Cision View original content:https://www.prnewswire.com/news-releases/wheaton-precious-metals-announces-chief-financial-officer-transition-302347489.html

SOURCE Wheaton Precious Metals Corp.

FAQ

When will Gary Brown step down as CFO of Wheaton Precious Metals (WPM)?

Gary Brown will step down as CFO of Wheaton Precious Metals effective March 31, 2025.

Who is replacing Gary Brown as CFO at Wheaton Precious Metals (WPM)?

Vincent Lau, who has served as Wheaton's Vice President of Finance for 13 years, will replace Gary Brown as CFO.

How long did Gary Brown serve as CFO at Wheaton Precious Metals (WPM)?

Gary Brown served at Wheaton Precious Metals for nearly 17 years.

What is Vincent Lau's background before joining Wheaton Precious Metals (WPM)?

Vincent Lau held senior finance roles at CHC Helicopters and KPMG's Transaction Services group in New York, and holds CPA and CFA designations with a Bachelor of Commerce from the University of British Columbia.

Wheaton Precious Metals Corp.

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