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.