NextDecade Corp Appoints New Directors to Its Board

NextDecade Corp, a Houston-based company, has appointed three new directors to its board, including Pamela Beall, In Kyu Park, and Diana Sands. The appointments were announced in a Form 8-K filing with the U.S. Securities and Exchange Commission on July 31, 2025. The new directors bring extensive experience in the energy industry, finance, and corporate governance to the board.

Key Takeaways:

• Pamela Beall, a seasoned executive in the energy industry, has been appointed as a Class A director of the Board. She has over 30 years of experience in the industry, including serving as Executive Vice President and Chief Financial Officer of Marathon Petroleum Corporation.
• In Kyu Park, a expert in operational and planning aspects in the power and energy spaces, has been appointed as a Class B director of the Board. He has nearly 15 years of experience at portfolio companies of Hanwha Group and has served as the Chief Strategy Officer of 174 Power Global and the Chief Executive Officer of Chariot Energy.
• Diana Sands, a veteran business executive with over 30 years of experience across multiple industries and disciplines, has been appointed as a Class C director of the Board. She has served on the boards of AngloGold Ashanti, Vmo Aircraft Leasing, and PDC Energy, Inc., and has held senior executive finance and governance positions at Boeing Company.
• Each of the new directors will serve until the Company's 2026 annual meeting of stockholders and will be on the slate of directors to be voted on by the stockholders of the Company at the Annual Meeting.
• The Board believes that the new directors bring extensive energy industry experience, financial expertise, and corporate governance skills to the board, and will serve on various committees, including the Audit, Construction and Operations, and Finance Committees.

Statistics:

• The incoming directors have a combined 60+ years of industry experience, with nearly 30 years of experience in the energy industry.
• The new directors hold a total of 8 master's degrees and 4 bachelor's degrees from top universities, including Harvard, Yale, Stanford, and Northwestern.
• The Board has increased its size to 12 members, with the new directors representing a mix of energy industry expertise, corporate governance, and financial acumen.

Sources:

• Form 8-K filing with the U.S. Securities and Exchange Commission on July 31, 2025
• Company Annual Report on Form 10-K for the year ended December 31, 2024
• Company Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 24, 2025