leadership
confidence high
sentiment neutral
materiality 0.30
NextDecade director Giovanni Oddo resigns effective Sept 29, 2026; Mubadala affiliate NIC holds right to name successor
NextDecade Corp
- Giovanni Oddo resigned from NextDecade's Board of Directors effective immediately, per a letter received September 29, 2026.
- Oddo stated his resignation was not due to any disagreements with the Company on operations, policies or practices.
- Oddo had served since May 2022, appointed under the Purchaser Rights Agreement with Nineteenth Investment Company LLC (NIC), a Mubadala Investment Company affiliate, dated October 28, 2019.
- Under the Purchaser Rights Agreement, NIC has the right to designate a replacement director for Oddo; no successor has been named in the filing.