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iShares Silver Trust Announces New CEO and Leadership

Story Highlights
  • On March 27, 2026, Jay Jacobs became director, president and CEO of the iShares Silver Trust sponsor.
  • Shannon Ghia resigned the same day without disputes, and Jacobs’ ETF expertise supports leadership continuity and strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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iShares Silver Trust ( (SLV) ) has provided an update.

On March 27, 2026, BlackRock Managing Director Jay Jacobs was appointed to the Board of Directors of iShares Delaware Trust Sponsor LLC and named its President and Chief Executive Officer, placing an experienced ETF strategist at the helm of the sponsor of iShares Silver Trust. His background leading U.S. equity ETF product strategy and research-focused roles at Global X ETFs and the New York Stock Exchange signals a continued emphasis on product innovation and institutional-grade oversight for the silver-focused vehicle.

Also effective March 27, 2026, Shannon Ghia resigned as a Director and as President and Chief Executive Officer of the Sponsor, with the company stating the departure did not stem from any disagreement over operations, policies, or practices. The orderly transition to Jacobs, who has deep experience in thematic and active equity ETFs, is likely to reassure investors and counterparties that leadership change will be managed with continuity and strategic focus in mind.

More about iShares Silver Trust

iShares Silver Trust is an exchange-traded product sponsored by iShares Delaware Trust Sponsor LLC, providing investors with exposure to the silver market. The Sponsor is affiliated with BlackRock, Inc., leveraging BlackRock’s expertise in exchange-traded funds and index products to manage and oversee the Trust’s operations and strategic direction.

Average Trading Volume: 102,584,492

Current Market Cap: $33.32B

Find detailed analytics on SLV stock on TipRanks’ Stock Analysis page.

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