{"id":893714,"date":"2025-10-08T08:39:06","date_gmt":"2025-10-08T12:39:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nextdecade-announces-chief-financial-officer-transition\/"},"modified":"2025-10-08T08:39:06","modified_gmt":"2025-10-08T12:39:06","slug":"nextdecade-announces-chief-financial-officer-transition","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nextdecade-announces-chief-financial-officer-transition\/","title":{"rendered":"NextDecade Announces Chief Financial Officer Transition"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>NextDecade Announces Chief Financial Officer Transition<\/b><\/p>\n<p>HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nNextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that Brent Wahl, Chief Financial Officer, has resigned from the Company effective October 20, 2025, and the Company has appointed Mike Mott, Senior Vice President Enterprise Transformation, as Interim Chief Financial Officer effective October 20, 2025.<\/p>\n<p>\nMr. Wahl is leaving NextDecade to join a digital infrastructure company, and he has agreed to serve in a consultant capacity through December 31, 2025, to facilitate a seamless transition. The Company will initiate a comprehensive search process to find a permanent successor.<\/p>\n<p>\n\u201cI want to thank Brent for the significant impact he has made at NextDecade,\u201d said Matt Schatzman, Chairman and CEO. \u201cAs CFO of NextDecade, Brent and his team led one of the largest energy infrastructure financings in US history, and I\u2019m sure this experience will serve him well in his next chapter.\u201d<\/p>\n<p>\nMr. Mott brings broad experience to the role of Interim Chief Financial Officer. In addition to leading the Company\u2019s enterprise transformation program, he previously was responsible for Carbon Solutions and corporate strategy at NextDecade. He also served as the Chief Financial Officer of LNG Limited, and held a number of senior strategy, finance and operations roles at BG Group.<\/p>\n<p>\nThe Company continues to expect to achieve a positive final investment decision on Train 5 and related infrastructure at Rio Grande LNG, subject to obtaining adequate financing, on or before November 15, 2025.<\/p>\n<p><b>About NextDecade Corporation<\/b><\/p>\n<p>\nNextDecade is committed to providing the world access to reliable, lower carbon energy. We are focused on delivering secure, low-cost, and sustainable energy solutions through the safe and efficient development and operation of natural gas liquefaction and carbon capture and storage infrastructure. Through our subsidiaries, we are developing and constructing the Rio Grande LNG natural gas liquefaction and export facility near Brownsville, Texas, with approximately 48 MTPA of potential liquefaction capacity currently under construction or in development. We are also developing a potential carbon capture and storage project at the facility that is expected to make meaningful impacts toward a lower carbon future. NextDecade\u2019s common stock is listed on the Nasdaq Stock Market under the symbol \u201cNEXT.\u201d NextDecade is headquartered in Houston, Texas. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.next-decade.com%2F&amp;esheet=54335759&amp;newsitemid=20251008656794&amp;lan=en-US&amp;anchor=www.next-decade.com&amp;index=1&amp;md5=c2aae7ec6cd83fe0013fba72f3811787\">www.next-decade.com<\/a>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains forward-looking statements within the meaning of U.S. federal securities laws. The words \u201canticipate,\u201d \u201ccontemplate,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cproject,\u201d \u201cplan,\u201d \u201cintend,\u201d \u201cbelieve,\u201d \u201cmay,\u201d \u201cmight,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201ccould,\u201d \u201cshould,\u201d \u201ccan have,\u201d \u201clikely,\u201d \u201ccontinue,\u201d \u201cdesign,\u201d \u201cassume,\u201d \u201cbudget,\u201d \u201cguidance,\u201d \u201cforecast,\u201d and &#8220;target,&#8221; and other words and terms of similar expressions are intended to identify forward-looking statements, and these statements may relate to the business of NextDecade and its subsidiaries. These statements have been based on assumptions and analysis made by NextDecade in light of current expectations, perceptions of historical trends, current conditions and projections about future events and trends and involve a number of known and unknown risks, which may cause actual results to differ materially from expectations expressed or implied in the forward-looking statements. Although NextDecade believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that the expectations will prove to be correct. NextDecade\u2019s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in NextDecade\u2019s periodic reports that are filed with and available from the Securities and Exchange Commission. The taking of a final investment decision on Train 5 at the Rio Grande LNG Facility is subject to, among other things, maintaining requisite governmental approvals and obtaining adequate financing to construct each train and related infrastructure. Additionally, any development of additional expansion trains at the Rio Grande LNG Facility or CCS projects remains contingent upon receipt of requisite governmental approvals, execution of definitive commercial and financing agreements, securing all financing commitments and potential tax incentives, achieving other customary conditions and making a final investment decision to proceed. The forward-looking statements in this press release speak as of the date of this release. NextDecade may from time to time voluntarily update its prior forward-looking statements, however, it disclaims any commitment to do so except as required by securities laws.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251008656794r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20251008656794\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20251008656794\/en\/<\/a><\/span><\/p>\n<p><b>Investors<br \/>\n<\/b><br \/>Megan Light<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mlight@next-decade.com\">mlight@next-decade.com<br \/>\n<\/a><br \/>832-981-6583<\/p>\n<p><b>Media<br \/>\n<\/b><br \/>Susan Richardson<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:srichardson@next-decade.com\">srichardson@next-decade.com<br \/>\n<\/a><br \/>832-413-6400<\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Oil\/Gas Energy Environment Other Energy Sustainability<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20251008656794\/en\/828032\/3\/NEXT_Horiz_FullColor_Logo_-_Copy.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>NextDecade Announces Chief Financial Officer Transition HOUSTON&#8211;(BUSINESS WIRE)&#8211; NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that Brent Wahl, Chief Financial Officer, has resigned from the Company effective October 20, 2025, and the Company has appointed Mike Mott, Senior Vice President Enterprise Transformation, as Interim Chief Financial Officer effective October 20, 2025. Mr. Wahl is leaving NextDecade to join a digital infrastructure company, and he has agreed to serve in a consultant capacity through December 31, 2025, to facilitate a seamless transition. The Company will initiate a comprehensive search process to find a permanent successor. \u201cI want to thank Brent for the significant impact he has made at NextDecade,\u201d said Matt Schatzman, Chairman and CEO. \u201cAs CFO of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nextdecade-announces-chief-financial-officer-transition\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NextDecade Announces Chief Financial Officer Transition&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-893714","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NextDecade Announces Chief Financial Officer Transition - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nextdecade-announces-chief-financial-officer-transition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NextDecade Announces Chief Financial Officer Transition - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NextDecade Announces Chief Financial Officer Transition HOUSTON&#8211;(BUSINESS WIRE)&#8211; NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that Brent Wahl, Chief Financial Officer, has resigned from the Company effective October 20, 2025, and the Company has appointed Mike Mott, Senior Vice President Enterprise Transformation, as Interim Chief Financial Officer effective October 20, 2025. Mr. Wahl is leaving NextDecade to join a digital infrastructure company, and he has agreed to serve in a consultant capacity through December 31, 2025, to facilitate a seamless transition. The Company will initiate a comprehensive search process to find a permanent successor. \u201cI want to thank Brent for the significant impact he has made at NextDecade,\u201d said Matt Schatzman, Chairman and CEO. \u201cAs CFO of &hellip; Continue reading &quot;NextDecade Announces Chief Financial Officer Transition&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/nextdecade-announces-chief-financial-officer-transition\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-08T12:39:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251008656794r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nextdecade-announces-chief-financial-officer-transition\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nextdecade-announces-chief-financial-officer-transition\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"NextDecade Announces Chief Financial Officer Transition\",\"datePublished\":\"2025-10-08T12:39:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nextdecade-announces-chief-financial-officer-transition\\\/\"},\"wordCount\":745,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nextdecade-announces-chief-financial-officer-transition\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20251008656794r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nextdecade-announces-chief-financial-officer-transition\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nextdecade-announces-chief-financial-officer-transition\\\/\",\"name\":\"NextDecade Announces Chief Financial Officer Transition - 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