NextDecade gets new chief executive

Industry name Kathleen Eisbrenner steps sideways for company president to take the reins.

25 January 2018 11:00 GMT Updated 25 January 2018 13:03 GMT

By Lucy Hine

US liquefaction developer NextDecade has appointed Matthew Schatzman as its new chief executive

Schatzman, who is currently president of Nasdaq-listed NextDecade, takes over the position on 1 February from the company’s founder and LNG industry player Kathleen Eisbrenner.

Eisbrenner, who set up NextDecade in 2010, will remain chairman of the board of directors.

The company said Schatzman’s succession had been agreed by Eisbrenner and the board in 2017, adding: “Schatzman is the ideal person to serve as NextDecade’s president and CEO and lead the Company and its major development projects, Rio Grande LNG and Rio Bravo Pipeline.