Peter Kukielski

Board Member

Peter brings operational excellence, stakeholder relations, safety and leadership experience to Cameco’s board, having served as CEO at mining companies with operations internationally. He serves on two of our committees.

Key Skills and Experience

  • Executive leadership and strategy
  • Operational excellence and safety
  • Business growth and transformation
  • Investor relations
  • Capital projects
  • Mining operations and exploration

Biography

As of April 2, 2026

Peter Kukielski is the president and CEO of Hudbay Minerals Inc., a diversified Canadian mining company, and has served in that position since 2020, after having served as interim CEO since 2019. He has over 30 years of senior management experience in international mining activities. Peter has held president and CEO roles at Canadian and UK mining companies over the past 15 years and prior to that he served in other senior executive roles in the mining and metals sector. 

Peter received a bachelor of civil engineering degree from the University of Rhode Island and a master of civil engineering degree from Stanford University. His mining industry experience includes development of major projects, supported by large workforces, in the mining and metals sector across North America, South America, the UK and parts of Asia. 

Peter served on the board of Norsk Hydro from 2019 to 2025 and has served on the compensation, sustainability and nominations and governance committees of another public company board. He brings experience in risk management, mergers and acquisitions, strategy, climate change and workers’ and human rights.

Board and Committee Membership and Attendance

As of December 31, 2025

2025 Attendance
2025 Voting ResultsBoard and Committee MembershipRegularSpecialOverall
72,192,226 votes (99.35%) for 
475,960 votes (0.65%) against 
Board of directors4 of 42 of 386%
Safety, health, and environment*3 of 3 100%
Technical*3 of 3 100%

* Peter joined two committees when he was elected to the board on May 9, 2025.

Other Public Company Boards in the Past Five Years

Hudbay Minerals Inc. (TSX/NYSE)2019 to present
Norsk Hydro ASA (Oslo Stock Exchange)2019 to 2025

Securities Held

as at December 31, 2025

Year

Cameco Shares

DSUs

Total Shares
 and DSUs

Market Value of
Shares and DSUs1

Multiple of 2025
Annual Retainer
(at market value)

Compliance 
with share 
ownership 
Guideline2

2025

7,665

1,810

9,475

$ 1,190,841

4.1x

Yes

20243

7,665

-

7,665

$ 566,520

 

 

Change

-

1,810

1,810

$ 624,321

 

 

1   Based on total holdings calculated using $125.68 for 2025 and $73.91 for 2024, the closing prices of Cameco shares on the last trading day of the year on the TSX.
2   For evaluating compliance with Cameco’s share ownership guidelines, Peter’s shares held on December 31, 2025, are valued at $1,190,841 and represent 4.1x the board member retainer of $290,000. 
3   Peter owned the Cameco shares prior to joining the board.