NextDecade Management
Management criteria checks 2/4
NextDecade's CEO is Matt Schatzman, appointed in Feb 2018, has a tenure of 6.75 years. total yearly compensation is $11.59M, comprised of 6.5% salary and 93.5% bonuses, including company stock and options. directly owns 0.82% of the company’s shares, worth $15.68M. The average tenure of the management team and the board of directors is 3.4 years and 6.1 years respectively.
Key information
Matt Schatzman
Chief executive officer
US$11.6m
Total compensation
| CEO salary percentage | 6.5% |
| CEO tenure | 6.8yrs |
| CEO ownership | 0.8% |
| Management average tenure | 3.4yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
We Think NextDecade (NASDAQ:NEXT) Needs To Drive Business Growth Carefully
May 01
Here's Why We're Not Too Worried About NextDecade's (NASDAQ:NEXT) Cash Burn Situation
Jan 11Does This Valuation Of NextDecade Corporation (NASDAQ:NEXT) Imply Investors Are Overpaying?
Nov 22NextDecade announces $85M private placement of common stock
Sep 15NextDecade announces 1.0 MTPA LNG sale and purchase agreement with ExxonMobil
Jul 27Companies Like NextDecade (NASDAQ:NEXT) Are In A Position To Invest In Growth
Feb 17Calculating The Fair Value Of NextDecade Corporation (NASDAQ:NEXT)
Jan 11NextDecade: More Rio Grande Delays
Jan 10NextDecade names Ivan Van der Walt as chief operating officer
Jun 21NextDecade soars after Morgan Stanley upgrades on Rio Grande LNG outlook
Jun 07NextDecade nixes plans for Galveston Bay LNG project
Jan 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$257m |
| Jun 30 2024 | n/a | n/a | -US$26m |
| Mar 31 2024 | n/a | n/a | -US$120m |
| Dec 31 2023 | US$12m | US$750k | -US$183m |
| Sep 30 2023 | n/a | n/a | -US$79m |
| Jun 30 2023 | n/a | n/a | -US$212m |
| Mar 31 2023 | n/a | n/a | -US$101m |
| Dec 31 2022 | US$11m | US$683k | -US$84m |
| Sep 30 2022 | n/a | n/a | -US$72m |
| Jun 30 2022 | n/a | n/a | -US$51m |
| Mar 31 2022 | n/a | n/a | -US$50m |
| Dec 31 2021 | US$9m | US$636k | -US$40m |
| Sep 30 2021 | n/a | n/a | -US$33m |
| Jun 30 2021 | n/a | n/a | -US$40m |
| Mar 31 2021 | n/a | n/a | -US$34m |
| Dec 31 2020 | US$581k | US$581k | -US$29m |
| Sep 30 2020 | n/a | n/a | -US$40m |
| Jun 30 2020 | n/a | n/a | -US$36m |
| Mar 31 2020 | n/a | n/a | -US$34m |
| Dec 31 2019 | US$1m | US$617k | -US$49m |
| Sep 30 2019 | n/a | n/a | -US$44m |
| Jun 30 2019 | n/a | n/a | -US$49m |
| Mar 31 2019 | n/a | n/a | -US$45m |
| Dec 31 2018 | US$10m | US$550k | -US$44m |
| Sep 30 2018 | n/a | n/a | -US$47m |
| Jun 30 2018 | n/a | n/a | -US$50m |
| Mar 31 2018 | n/a | n/a | -US$49m |
| Dec 31 2017 | US$554k | US$159k | -US$35m |
Compensation vs Market: Matt's total compensation ($USD11.59M) is above average for companies of similar size in the US market ($USD5.54M).
Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.
CEO
Matt Schatzman (58 yo)
6.8yrs
Tenure
US$11,587,552
Compensation
Mr. Matthew K. Schatzman, also known as Matt, serves as Chairman of the Board at NextDecade Corporation since June 04, 2019. He served as the President of NextDecade Corporation since September 18, 2017 un...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.8yrs | US$11.59m | 0.82% $ 15.7m | |
| Chief Financial Officer | 3.8yrs | US$4.79m | 0.21% $ 4.1m | |
| General Counsel & Corporate Secretary | 3.3yrs | US$2.96m | 0.15% $ 2.8m | |
| Chief Operating Officer | less than a year | no data | no data | |
| Senior VP & Chief Accounting Officer | 7.3yrs | no data | 0.070% $ 1.3m | |
| Senior Vice President of Human Resources & Administration | 6.5yrs | no data | no data | |
| Chief Marketing Officer | 3.8yrs | no data | no data | |
| Senior Vice President of Enterprise Transformation | 3.4yrs | no data | no data | |
| Senior Vice President of Commercial & Carbon Solutions | 3.3yrs | no data | no data | |
| Senior Vice President of Policy & Corporate Affairs | 2.7yrs | no data | no data | |
| Senior Vice President of Engineering & Construction | 1.3yrs | no data | no data | |
| Senior Vice President of Operations | less than a year | no data | no data |
3.4yrs
Average Tenure
55.5yo
Average Age
Experienced Management: NEXT's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 7.2yrs | US$11.59m | 0.82% $ 15.7m | |
| Non-Executive Independent Director | 5yrs | US$215.00k | 0.092% $ 1.8m | |
| Lead Independent Director | 7.3yrs | no data | no data | |
| Board Observer | no data | no data | no data | |
| Independent Director | 7.3yrs | US$220.00k | 0.089% $ 1.7m | |
| Independent Director | 3.6yrs | US$200.00k | 0.061% $ 1.2m | |
| Independent Director | 7.3yrs | US$230.00k | 0.14% $ 2.7m | |
| Independent Director | 7.3yrs | no data | no data | |
| Director | less than a year | no data | no data | |
| Independent Director | 2.5yrs | no data | no data | |
| Independent Director | less than a year | no data | no data |
6.1yrs
Average Tenure
51yo
Average Age
Experienced Board: NEXT's board of directors are considered experienced (6.1 years average tenure).