Business
Triple Flag Precious Metals to Appoint Sheldon Vanderkooy as CEO and Director
TORONTO / Jul 23, 2024 / Business Wire / Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) today
About this update from Triple Flag Precious Metals Corp.
[{"type":"text","content":"TORONTO / Jul 23, 2024 / Business Wire / Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) today announced that Sheldon Vanderkooy will succeed Shaun Usmar as Chief Executive Officer and Director, effective upon the departure of Mr. Usmar, who is stepping down to assume a new leadership role with a major diversified mining company. Mr. Usmar will work closely with Mr. Vanderkooy to ensure a seamless transition, anticipated to be finalized in the fourth quarter of 2024. Mr. Vanderkooy, a founding member of the Triple Flag team since its inception in 2016, has played a pivotal role in the Company’s growth trajectory over the past eight years. As a key member of the senior management team, he has been an integral part of building Triple Flag, starting with our first investment, the Cerro Lindo silver stream. As Chief Financial Officer since 2019, he was instrumental in delivering our successful US$264 million initial public offering in 2021. His extensive background includes executive roles with First Quantum Minerals and Inmet Mining, following a partnership at a leading Canadian law firm specializing in mining M&A and financing transactions. With more than 25 years of experience in the mining sector, Mr. Vanderkooy brings a wealth of strategic insight and leadership to his new position. Dawn Whittaker, Chair of Triple Flag Precious Metals, said: “I am extremely pleased to announce that Sheldon will succeed Shaun as Triple Flag’s CEO. As an integral member of the Triple Flag team from day one, Sheldon is ideally equipped to build upon our significant achievements and take the Company to the next phase of growth. Over the eight years since Triple Flag’s inception, Shaun, Sheldon and the Triple Flag team have built a company that has provided a significant return on investment for our shareholders and an asset base that is diversified by jurisdiction, operator and underlying commodity, and which will provide long-term growth opportunities for many years to come. I would like to thank Shaun for his many years of strategic foresight and dedication while building a high-performing portfolio, team and company. As both a leader and mentor, Shaun has inspired a culture of collaboration and empowerment at Triple Flag, resulting in a cohesive and high-performing team w...