NextDecade CFO Brent Wahl Resigns; Mike Mott Named Interim Finance Chief

NextDecade CFO Brent Wahl will depart the company on Oct. 20, with Senior Vice President Mike Mott appointed as interim finance chief. The LNG developer reaffirmed plans to reach FID on Rio Grande LNG Train 5 by mid-November.

(P&GJ) — NextDecade Corp. announced that Chief Financial Officer Brent Wahl will step down from his position on October 20 to join a digital infrastructure company.

The Houston-based LNG developer said Mike Mott, currently Senior Vice President of Enterprise Transformation, has been appointed Interim Chief Financial Officer effective the same day. Wahl will remain with the company through December 31 in a consulting capacity to support the transition.

“I want to thank Brent for the significant impact he has made at NextDecade,” said Matt Schatzman, Chairman and CEO. “As CFO of NextDecade, Brent and his team led one of the largest energy infrastructure financings in U.S. history, and I’m sure this experience will serve him well in his next chapter.”

NextDecade said a search for a permanent successor is underway.

Mott joined the company after serving as CFO of LNG Limited and holding senior roles at BG Group. At NextDecade, he has led enterprise transformation efforts and previously oversaw Carbon Solutions and corporate strategy.

The company reaffirmed that it expects to reach a final investment decision (FID) on Train 5 and related infrastructure at its Rio Grande LNG project by November 15, pending financing.