NextDecade Corporation announced on October 10, 2025 that Chief Financial Officer Brent Wahl will step down effective October 20, 2025, to join a digital infrastructure company. The company named Senior Vice President Mike Mott as interim CFO, effective the same date. Mott will also serve in a consultant capacity through December 31, 2025, to ensure a smooth transition.
Mott brings extensive experience from his previous roles as CFO of LNG Limited and senior strategy positions at BG Group, as well as leadership of NextDecade’s enterprise transformation program. His appointment is intended to maintain continuity in the company’s financial operations during the transition period. Wahl’s departure follows a tenure that included leading one of the largest energy infrastructure financings in U.S. history, underscoring the significance of the leadership change.
The CFO transition comes as NextDecade prepares for a positive final investment decision on Train 5 at the Rio Grande LNG facility, expected by November 15, 2025, contingent on financing. Maintaining stable financial leadership is critical to securing the necessary debt and equity commitments for the project’s expansion. The announcement signals the company’s commitment to operational continuity amid a key capital‑intensive development phase.
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