Seabridge Gold Announces Key Management Changes

Rhea-AI Summary

Seabridge Gold (NYSE: SA) announced key finance leadership changes effective March 31, 2026: longtime CFO Chris Reynolds will retire after 15 years following completion of the 2025 audit and annual financial statements. Greg Martin will become CFO, joining March 2 for transition, and Hassan Esmaeili is promoted to VP, Finance.

The moves aim to preserve continuity as the company advances the KSM project and prepares for a joint venture partnership.

Positive

• Appointment of Greg Martin as CFO effective March 31, 2026
• Greg joins on March 2, 2026 to ensure a structured transition
• Promotion of Hassan Esmaeili to Vice President, Finance strengthens depth

Negative

• Retirement of longtime CFO Chris Reynolds after 15 years reduces institutional continuity

News Market Reaction – SA

-7.80%

25 alerts

-7.80% News Effect

+4.9% Peak in 4 hr 30 min

-$305M Valuation Impact

$3.61B Market Cap

0.6x Rel. Volume

On the day this news was published, SA declined 7.80%, reflecting a notable negative market reaction. Argus tracked a peak move of +4.9% during that session. Our momentum scanner triggered 25 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $305M from the company's valuation, bringing the market cap to $3.61B at that time.

Data tracked by StockTitan Argus on the day of publication.

Toronto, Ontario--(Newsfile Corp. - February 12, 2026) - Seabridge Gold (TSX: SEA) (NYSE: SA) announced today the upcoming retirement of its Chief Financial Officer, Chris Reynolds. After 15 years of dedicated service, Chris will step down from the role effective March 31, 2026, following completion of the 2025 audit and filing the annual financial statements. He leaves behind a legacy of financial stewardship, strategic growth, and lasting relationships.

Chris became part of the team in 2011 and played an important role in advancing Seabridge through significant change and growth. He established a strong focus on financial reporting, built a finance team, cultivated cybersecurity and risk management, and helped secure ongoing funding to advance key projects - all of which have been crucial to Seabridge's ongoing success. The company values Chris's dedication, leadership, and contributions throughout his tenure.

"It has been an honor to serve as CFO of Seabridge Gold," said Chris. "I am proud of what we have accomplished together and have great confidence in the company's future."

With the retirement of Chris, Seabridge is pleased to announce the appointment of Greg Martin as its Chief Financial Officer effective March 31, 2026. Greg will join Seabridge on March 2nd to ensure a smooth transition with Chris. Greg brings deep experience in the areas of corporate finance, treasury, corporate development and building strong teams. Greg has recently held the role of CEO of Nevada Copper, EVP and CFO at SSR Mining, and other executive roles with NovaGold, Zincore Metals, and Placer Dome. He has managed acquisitions and significant joint ventures in the mining industry which will prove valuable for the establishment of a joint venture on our KSM project. His diverse background and education underline his strategic mindset, adaptability, and competitive drive.

"We are excited to welcome Greg to our leadership team," said Rudi Fronk, CEO. "With his deep expertise in financial management and strategic planning, we are confident that he will be a great addition to the executive team and help drive our company's next phase of development as a joint venture partner and producer."

Greg commented, "I am thrilled to join Seabridge Gold at a pivotal juncture for the KSM project and the Company. I look forward to working with this talented team to continue building on its success."

Seabridge is also pleased to announce the promotion of current Finance Director, Hassan Esmaeili, to Vice President, Finance. Hassan joined Seabridge in 2018 and has over 20 years of extensive experience in financial reporting, auditing and systems with organizations such as DeBeers and KPMG. With the addition of Greg and the promotion of Hassan, Seabridge's finance team continues to possess depth and invaluable experience.

About Seabridge Gold

Seabridge holds a 100% interest in several North American gold projects. Seabridge's principal asset, the KSM project, and its Iskut projects are located in Northwest British Columbia, Canada's "Golden Triangle", the Courageous Lake project is in Canada's Northwest Territories, the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project is in the Yukon Territory. For a full breakdown of Seabridge's Mineral Reserves and Mineral Resources by category please visit Seabridge's website at http://www.seabridgegold.com.

Neither the Toronto Stock Exchange, the OTC, nor their Regulation Services Providers accepts responsibility for the adequacy or accuracy of this release.

	ON BEHALF OF THE BOARD "Rudi Fronk" Chair & C.E.O.
For further information please contact: Rudi P. Fronk, Chair and C.E.O. Tel: (416) 367-9292 Email: info@seabridgegold.com

 

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283660

FAQ

Who will be Seabridge Gold's CFO after March 31, 2026 (SA)?

Greg Martin will be CFO effective March 31, 2026. According to the company, Greg joins on March 2 to transition with outgoing CFO Chris Reynolds and assumes the CFO role after the 2025 audit is completed.

When is Chris Reynolds retiring as Seabridge Gold CFO and what are his final responsibilities (SA)?

Chris Reynolds retires effective March 31, 2026 after 15 years. According to the company, he will complete the 2025 audit and file the annual financial statements before stepping down.

What is Hassan Esmaeili's new role at Seabridge Gold and when was he promoted (SA)?

Hassan Esmaeili is promoted to Vice President, Finance. According to the company, Hassan joined Seabridge in 2018 and brings over 20 years of financial reporting and auditing experience to the finance leadership team.

How will the CFO transition be handled timing-wise at Seabridge Gold (SA)?

The transition includes overlap: Greg Martin joins March 2 and becomes CFO March 31, 2026. According to the company, this overlap is intended to ensure a smooth handover before the outgoing CFO departs.

What experience does incoming CFO Greg Martin bring to Seabridge Gold (SA)?

Greg Martin brings executive mining finance experience, including CEO of Nevada Copper and EVP/CFO at SSR Mining. According to the company, his background includes corporate finance, treasury, acquisitions and joint venture management.

How do these management changes relate to Seabridge Gold's KSM project and joint venture plans (SA)?

Seabridge links the new CFO hire to joint venture work on KSM. According to the company, Greg's joint-venture and acquisition experience is expected to be valuable as the company advances KSM partnership discussions.