Board of Directors

Mr. Matthew Schatzman

Matthew (Matt) Schatzman was appointed Chief Executive Officer of NextDecade Corporation (NASDAQ: NEXT) on February 1, 2018. Mr. Schatzman was subsequently elected Chairman of the Board of Directors effective June 4, 2019. He joined the company as President and member of the Board of Directors on September 18, 2017. Mr. Schatzman has over 30 years of experience in the energy industry, including as Executive Vice President Global Energy Marketing and Shipping and member of the Group Executive Committee at BG Group where he was responsible for the company’s global marketing, trading and shipping activities for LNG, crude oil and natural gas. During his tenure at BG Group, Mr. Schatzman played a pivotal role in the success and growth of BG Group’s LNG business, transforming it into a global leader in flexible LNG supply and trading. Mr. Schatzman also held senior executive roles at Dynegy and started his career at Transco Pipeline, a subsidiary of Williams. In addition to managing an international portfolio of LNG, shipping, and commodity trading positions, Mr. Schatzman’s expertise extends to hedging, risk management and process improvement across a diverse portfolio of development and operating assets. Mr. Schatzman graduated from Yale University with a Bachelor of Arts in Political Science and is a member of the National Petroleum Council.

Committees: Operating (Chair), Finance

Mr. Khalifa Abdulla Al Romaithi

Khalifa Al Romaithi was appointed to NextDecade’s Board of Directors on December 27, 2019. Mr. Al Romaithi is the Executive Director, Midstream, in the Petroleum and Petrochemicals business at Mubadala Investment Company. He is responsible for pursuing attractive investment opportunities across the entire oil and gas infrastructure value chain with a primary focus on natural gas and crude gathering, treating, compression, processing and storage, pipeline, natural gas liquefaction and regasification. Prior to Mubadala, Mr. Al Romaithi held various senior managerial positions, including Director of Downstream Investments and Head of Portfolio Management, at the International Petroleum Investment Company.

Mr. Al Romaithi serves on the Board of Directors of several companies including Sumed, Gulf Energy Maritime PJSC, Arabtec Holding Co. PJSC, Depa United Group, and Abu Dhabi National Takaful Co. Mr. Al Romaithi received a Bachelor of Business Administration with a major in Finance from the University of Portland.

Committees: Nominating & Governance, Compensation, Finance

Mr. Taewon Jun

Taewon Jun was appointed a director of NextDecade in June 2019. Since April 2019, Mr. Jun has served as a Senior Vice President of Hanwha Holdings (USA), Inc., a holding company of various entities. From July 2016 until March 2019, Mr. Jun served as an Executive Director of Morgan Stanley Private Equity Asia and, from June 2012 until June 2016, he served as a Senior Director of Mergers and Acquisitions at Hanwha Group’s management and planning headquarters in Seoul, South Korea. Hanwha Group is a business conglomerate with affiliates operating in various industries including chemicals, energy, petrochemicals, solar, aerospace, and defense as well as finance, asset management, and hotel and resorts. Mr. Jun received a Bachelor of Science in Business Administration from Korea University and a Master of Business Administration from the University of Pennsylvania.

Committees: Compensation, Finance, Audit

Mr. Avinash Kripalani

Avinash Kripalani has served as a Director of NextDecade since April 2016. Mr. Kripalani is a Managing Principal of Bardin Hill Investment Partners, where he has worked since 2008. Prior to Bardin Hill, which was previously known as Halcyon Capital Management, Mr. Kripalani was a Consultant at IBM. Mr. Kripalani earned a Bachelor of Arts in Economics, a Bachelor of Science in Systems and Information Engineering and Master of Science in Systems and Information Engineering from the University of Virginia.

Committees: Operating, Compensation, Finance, Audit

Mr. Drew Scoggins

Drew Scoggins was appointed as a director of NextDecade in April 2021. Mr. Scoggins is Founder and Managing Partner of Millennial Energy Partners, an energy asset management firm, where he has worked since July 2012. Prior to founding Millennial, Mr. Scoggins led the commercial and operations teams at BG Group, plc on upstream, midstream and liquefied natural gas investments in the United States, Canada, Chile, Equatorial Guinea and Trinidad and Tobago from July 2008 to July 2012. Prior to joining BG Group, Mr. Scoggins was Strategic Planning Manager and Community and Public Relations Manager with Marathon Oil from August 2005 until July 2008.  Mr. Scoggins began his oil and gas career in 2004 with Bechtel Corporation as Project Controls Engineer residing in Equatorial Guinea, West Africa.  Mr. Scoggins served as a member of the board of directors of Ultra Petroleum Corp. from October 2018 until August 2020.  Mr. Scoggins also served as a member of the board of directors of Amplify Energy Corp., where he was Chairman of the Audit Committee, from April 2017 until its merger with Midstates Petroleum Company, Inc. in August 2019. Mr. Scoggins is a member of Vanderbilt University’s College of Arts & Sciences Campaign Cabinet and an Advisory Board member of Georgetown University’s Master of Science in Foreign Service program.  Mr. Scoggins received his Bachelor of Science in Economics and History from Vanderbilt University, where he graduated Phi Beta Kappa and magna cum laude. He earned his Master of Science in Foreign Service with a focus on international business and development from Georgetown University.

Committees: Audit, Nominating & Governance, Compensation

Mr. Brian Belke

Brian Belke has served as a Director of NextDecade since June 2015. Mr. Belke is a private investor and was most recently a Partner at Valinor Management, the investment manager of an equity long-short hedge fund, where he worked from June 2010 to June 2020. Prior to Valinor Management, Mr. Belke was an Equity Research Associate at Fidelity Investments. He is a CFA® Charterholder and is a member of the CFA Institute and the New York Society of Securities Analysts. Mr. Belke earned a B.S. in Management with concentrations in Finance and Accounting, Summa Cum Laude, from Boston College, and a Master of Business Administration from Harvard Business School, where he graduated with High Distinction as a Baker Scholar.

Committees: Compensation (Chair), Finance (Chair), Operating

Sir Frank Chapman

Sir Frank Chapman was appointed to NextDecade’s Board of Directors (Board) as a non-executive, independent director effective November 1, 2019. Sir Frank graduated with first class honors in Mechanical Engineering from Queen Mary College, London University. He has spent 40 years in the oil and gas industry, beginning his career with BP plc before moving to Royal Dutch Shell plc, where he worked for 18 years. He then moved to British Gas as Managing Director Exploration and Production in 1996. Sir Frank was appointed Chief Executive of BG Group plc (previously British Gas) in 2000 and was a member of its Board of Directors for over 16 years. He retired from BG Group plc in June 2013. Sir Frank was also Chairman of Golar LNG Ltd from September 2014 to September 2015 and currently serves on the Board of Directors of Rolls-Royce Holdings, plc. He was named in the 2011 Queen’s Birthday Honours List and knighted for services to the oil and gas industry.

Committees: Nominating & Governance (Chair), Operating

Mr. William Vrattos

William Vrattos was appointed Lead Independent Director effective April 29, 2020. He has served as a Director of NextDecade since July 2017. Mr. Vrattos joined York Capital Management in January 2002 and is the Co-Chief Investment Officer and a Managing Partner of York Capital Management. Mr. Vrattos is also a Co-Portfolio Manager of the York Credit Opportunities, York Distressed Asset, York Global Credit Income, York Insurance Dedicated, and York Tactical Energy funds and a member of York’s Executive Committee. Prior to joining York Capital Management, he worked at Georgica Advisors LLC as a Portfolio Manager specializing in media and communications equities and distressed securities and at Morgan Stanley & Co., Inc. as an investment banker. Mr. Vrattos is currently a member of the Board of Directors or Advisory Board, as applicable and in his capacity as a York Capital Management employee, of (i) all entities related to Entropy Investments, (ii) all entities incorporated pursuant to York Capital Management’s partnerships with Costamare, Inc. and (iii) India 2020. In addition, he is the Chairman of the Board of Trustees of the Museum of the City of New York and a member of each of the Board of Trustees of The Buckley School, the Board of Trustees of Groton School and the Investment Committee of the Dartmouth College Endowment. Mr. Vrattos received a B.A. in English from Dartmouth College and a Master of Business Administration (MBA) from Harvard Business School.

Committees: Nominating & Governance, Operating

Mr. Spencer Wells

Spencer Wells co-founded Drivetrain Advisors, LLC, a firm providing fiduciary services to the alternate investment community, in December 2013, where he currently serves as a Partner. Mr. Wells was previously employed by TPG Special Situations Partners from 2010 to 2013, where he first served as Partner from September 2010 to January 2012, and then as a Senior Advisor from January 2012 to July 2013. Mr. Wells also served as a Partner/Portfolio Manager for Silverpoint Capital from September 2002 to July 2009. Prior to joining Silverpoint Capital, Mr. Wells served as a Director at the Union Bank of Switzerland from May 2001 to September 2002 and as a Vice President of Deutsche Bank AG from January 1999 to May 2001. Mr. Wells currently serves on the boards of directors of Roust Corporation, Samson Resources II, LLC, Lily Robotics, Inc., Vantage Drilling International, Town Sports International Holdings, Inc., Preferred Proppants LLC, and Advanced Emissions Solutions, Inc.

Committees: Audit (Chair), Nominating & Governance

Rio Bravo Pipeline Map
galveston Bay lNG Map