TSX: DPM

Gold:

Corporate Governance

Robust corporate governance ensures that businesses operate in a fair and transparent manner and ensures accountability at all levels of the organization. Wheaton Precious Metals and our Board of Directors recognize the important role that sound corporate governance has in ensuring that we conduct our business activities in an effective, ethical and transparent manner.

  • Our company’s core purpose is unlocking resources and generating value to thrive and grow together. Our Code of Business Conduct and Ethics is expressly designed to ensure that we are delivering on that purpose ethically and with integrity, respecting the laws of the jurisdictions where we operate, and in a way that earns the trust and respect of our stakeholders.

    Code of Conduct

    Ethics Hotline

    We encourage our employees to report any unethical behaviour they become aware of. We are committed to providing protection from any form of retaliation, and we have retained EthicsPoint, which is an independent channel for confidential and anonymous reporting.

  • DPM’s Board of Directors is chaired by an independent Chair, and consists of eight directors, seven of whom are considered independent of management. The Board operates in accordance with a written mandate that outlines its duties and responsibilities and sets out the responsibilities of individual directors and the Chair of the Board.

    Board of Directors Mandate
    President and Chief Executive Officer Mandate
    Majority Voting Policy

    Board Committee Mandates

    Committee Operating Guidelines
    Audit Committee
    Sustainability Committee
    Corporate Governance and Nominating Committee
    Human Capital and Compensation Committee

    We recognize and appreciate that having a diverse pool of Board members and senior management is key to achieving strong business performance, continuous innovation and good governance. The average age of our Board of Director is 61 years, average tenure is 6 years and women represent 50% of our Board members.

    View our Board of Directors

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    Peter Gillin company photo

    Peter Gillin

    Chair of the Board of Directors
    Director since 2009
    Member of the Audit Committee and Human Capital & Compensation Committee

    Mr. Gillin brings extensive public and mining company experience to the Board. He is currently a director of Wheaton Precious Metals Inc and is Board Chair of Turquoise Hill Resources Ltd. He was on the Board of Sherritt International Inc until June 2019. He has also been a senior investment banker, having previously served as Vice Chair of N M Rothschild & Sons Canada Limited and as a Managing Director of Scotia Capital. In addition, he was until 2020 also a member of the Independent Review Committee of TD Asset Management Inc. and a director at TD Mutual Funds Corporate Class Ltd. He also sits on the Independent Review Committee for Strathbridge Asset Management. Mr. Gillin has an Honours Business Administration degree from Western University, is a Chartered Financial Analyst and holds an ICD.D designation from The Institute of Corporate Directors.

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    David Rae company photo

    David Rae

    President and Chief Executive Officer
    Director since 2020

    David Rae is a seasoned international mining and smelting executive with extensive experience in Africa, Canada and Europe. He has held senior executive and operational roles in international mining companies including Falconbridge and Xstrata. David is a collaborative leader with a reputation of building high performing teams to optimize current assets allowing the business to focus on growth and business development. He holds a Bachelor of Science in Physical Metallurgy from Leeds University in Yorkshire, England.

    Mr. Rae joined DPM in 2012 as Senior Vice President, Operations and was appointed Executive Vice President and Chief Operating Officer in 2014. In May 2020, he assumed the role of President and Chief Executive Officer.

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    Dr. Nicole Adshead-Bell company photo

    Dr. Nicole Adshead-Bell

    Independent Director
    Independent Director since 2022
    Member of the Audit Committee and Human Capital & Compensation Committee

    Dr. Adshead-Bell is a geologist with over 26 years of combined capital markets and mining sector experience, including over 16 years of cumulative public board experience with exploration, development, operating and royalty precious and base metals companies listed in Canada, USA, Australia, and the UK. Her diverse background has facilitated participation across the spectrum of board committee functions: audit, compensation, nominating, ESG, technical and special committees. She is currently a Non-Executive Director of TSX listed Altius Minerals Corp., ASX listed Matador Mining Ltd and ASX/TSXV listed Hot Chili Ltd. Dr. Adshead-Bell is currently President of Cupel Advisory Corp., a company focused on investments and advisory services in the mining sector and was CEO and Managing Director of ASX listed Beadell Resources Ltd from July 2018 until its acquisition by a Canadian mining company in March 2019. Prior to that, Dr. Adshead-Bell was Director of Mining Research at Sun Valley Gold LLC, a global precious metals fund, and Managing Director Investment Banking at Haywood Securities.

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    Robert M. Bosshard company photo

    Robert M. Bosshard

    Independent Director
    Independent Director since 2023
    Member of Audit Committee

    Robert Bosshard is currently Chair of the Canadian Auditing and Assurance Standards Board, which has the authority and responsibility to set standards for quality management, audit, sustainability assurance, other assurance and related services engagements and guidance in Canada. He was an independent contractor at PwC LLP, a professional services firm, from July 2016 to June 2021. Mr. Bosshard has approximately 40 years of experience in finance, capital markets, risk management and environment, social and governance reporting. Prior to retiring as partner in 2016, he had a multi-decade career with PwC, both in Canada and the United Kingdom, and brings significant experience working with Canadian and U.S. public companies as well as a deep understanding of global business practices and geopolitical risks. He has also served on the boards of a variety of community organizations including the Prospectors & Developers Association of Canada.

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    Jaimie Donovan company photo

    Jaimie Donovan

    Independent Director
    Independent Director since 2020
    Chair of the Sustainability Committee and Member of the Corporate Governance & Nominating Committee

    Jaimie Donovan is a mining engineer with over 20 years of experience in the mining industry spanning roles in operations, technical services, capital allocation and corporate development. She was the Head of Growth and Evaluations for Barrick Gold in North America until March 2019, where she oversaw the evaluation and development of regional investment opportunities. Prior to that, Ms. Donovan held senior positions at Barrick Gold as Vice President of Evaluations, and Waterton Global Resource Management as a Principal and head of Evaluations. Ms. Donovan has been a Director of Midas Gold Corp. since January 2019.
     

    Ms. Donovan holds a Bachelor’s degree in Mining Engineering (B.Eng.) and a Bachelor’s degree in Commerce (B.Com. Finance) from the University of Western Australia.

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    Kalidas Madhavpeddi company photo

    Kalidas Madhavpeddi

    Independent Director
    Independent Director since 2021
    Chair of the Human Capital & Compensation Committee and Member of the Audit Committee and Sustainability Committee

    Mr. Kalidas Madhavpeddi has 40 years of international experience in corporate strategy, mergers and acquisitions, government relations, marketing, mining engineering and capital. He is currently the President of Azteca Consulting LLC, an advisory firm to the metals and mining sector. From 2010 to 2018 he was CEO of China Molybdenum International, a privately held company and global producer of copper, gold, cobalt, phosphates, niobium and molybdenum. His extensive career in the mining industry includes over 25 years at Phelps Dodge Corporation (“Phelps Dodge”), a Fortune 500 company, starting as a Systems Engineer and ultimately becoming Senior Vice President for Phelps Dodge, and contemporaneously the President of Phelps Dodge Wire & Cable. Mr. Madhavpeddi currently serves as a director and Chair of the Audit Committee of Glencore, and is a director of NovaGold Resources Inc. and Trilogy Metals Inc. He is an alumnus of the Indian Institute of Technology, Madras, India; the University of Iowa and the Harvard Business School.

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    Juanita Montalvo company photo

    Juanita Montalvo

    Independent Director
    Independent Director since 2017
    Chair of the Corporate Governance & Nominating Committee and Member of the Sustainability Committee

    Juanita Montalvo has over 25 years of experience developing and leading strategies to drive performance through excellence in corporate governance, partnership and joint venture management and good business practice. She is a Managing Director at Privus Capital Inc. and Acasta CC Inc., focussed on private equity and strategic corporate investments. She was a Senior Vice President at Sherritt International Corporation (TSX:S) and served as Country Manager in Madagascar during the construction of its Ambatovy JV with Sumitomo Corporation and Korea Resources Corporation. She has held a number of corporate governance positions in subsidiaries and private companies. She is Deputy Chair of the Board of Canada’s National Ballet School, a founding Member of the Women for Nature initiative of Nature Canada and a member of the Mckinsey's LGBTQ Leadership Master Class Alumni. She is a member of the Institute of Corporate Directors and holds a B.Sc. Biology and Biochemistry, a B.A. in International Development Studies and a Masters in Development Economics, all from Dalhousie University.

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    Marie-Anne Tawil company photo

    Marie-Anne Tawil

    Independent Director
    Independent Director since 2015
    Member of the Audit Committee, Member of the Human Capital & Compensation Committee and Member of the Corporate Governance & Nominating Committee

    Marie-Anne Tawil has over 30 years of legal experience, principally in corporate, commercial and securities law, and over 20 years of management experience. She practiced law with Stikeman Elliott and McCarthy Tetrault and, in 1984, joined Quebecor Inc. as Legal Counsel, and also served as Corporate Secretary from 1987 until 1990. Ms. Tawil was previously Chair of the Société de l'Assurance Automobile du Québec, joined the board of Hydro Quebec in 2005 and, most recently, Stornoway Diamonds. She is a member of the Bar of the Province of Quebec and holds an MBA from the John Molson School of Business. She holds an ICD.D designation from the Institute of Corporate Directors.

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    Anthony Walsh company photo

    Anthony Walsh

    Independent Director
    Independent Director since 2012
    Chair of the Audit Committee and Member of the Human Capital & Compensation Committee

    Anthony Walsh has over 20 years’ experience in the field of exploration, mining and development. Most recently Mr. Walsh was President and Chief Executive Officer of Sabina Gold & Silver Corp., prior to which he served as President and Chief Executive Officer of Miramar Mining Corporation, Senior Vice President and Chief Financial Officer of a computer leasing company and Chief Financial Officer and Senior Vice President, Finance of International Corona Mines Ltd., a major North American gold producer. Earlier in his career, he held various positions at Deloitte, Haskins & Sells, a firm of Chartered Accountants. Mr. Walsh graduated from Queen's University in 1973 and became a member of The Canadian Institute of Chartered Accountants in 1976. He also serves on the board of directors of several publicly-traded exploration and development companies.

    Audit Human
    Capital and
    Compensation
    Corporate
    Governance
    and Nominating
    Sustainability
    Peter Gillin (Chair of the Board)
    David Rae
    Dr. Nicole Adshead-Bell Committee Member Icon Committee Member Icon
    Robert M. Bosshard Committee Member Icon
    Jaimie Donovan Committee Member Icon Committee Member Icon
    Kalidas Madhavpeddi Committee Member Icon Committee Member Icon Committee Member Icon
    Juanita Montalvo Committee Member Icon Committee Member Icon
    Marie-Anne Tawil Committee Member Icon Committee Member Icon Committee Member Icon
    Anthony Walsh Committee Member Icon Committee Member Icon
    Committee Member Icon

    Committee Member

    Committee Member Icon

    Committee Chair

  • Our policies and standards are regularly reviewed by management and our Board of Directors to ensure continuing alignment with the highest standard for corporate governance and ethical conduct.

    Speak-Up Standard
    Anti-Bribery & Anti-Corruption Policy
    Disclosure & Insider Trading Policy
    Corporate Responsibility Policy
    Human Rights Standard
    Diversity Policy

    Personal Data Protection

    Information Protection Policy
    Personal Data Protection
    Privacy Notice – Contractors
    Privacy Notice – Donations and Sponsorships
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