Vice President, Corporate Development

This is a fully remote position, open to applicants in Connecticut, +4 more states.

📋 Description

• Establish and prioritize a corporate development strategy at the enterprise level that aligns with CVS Health’s long-term growth and value creation goals.

• Provide guidance to the Executive Leadership Team and Board of Directors on matters of inorganic growth, strategic alternatives, capital allocation, and portfolio optimization.

• Direct and revitalize the Corporate Development function by creating governance structures, decision-making frameworks, operational rhythms, and performance benchmarks.

• Manage the complete execution of M&A transactions, which includes identifying targets, conducting valuations, performing due diligence, negotiating, structuring, and finalizing deals.

• Formulate investment theses, strategic justifications, and scenario-based recommendations for intricate transactions.

• Supervise integration strategies and their execution alongside business leaders, finance, legal, compliance, and operations teams.

• Assess and carry out divestitures and strategic exits.

• Maintain relationships with investment banks, financial sponsors, and healthcare advisors.

• Represent CVS Health in external M&A discussions and negotiations.

• Ensure that transactions adhere to enterprise governance standards and comply with healthcare regulatory requirements.

• Factor in regulatory, reimbursement, antitrust, and government program implications during deal evaluation and execution.

• Manage financial, operational, regulatory, and reputational risks throughout the transaction lifecycle.

• Build, lead, and nurture a high-performing corporate development team.

• Create scalable processes, analytical rigor, and best-practice tools for enterprise-level execution.

⛳️ Requirements

• A minimum of 15 years of experience in corporate development, investment banking, private equity, or a relevant combination of these fields.

• Extensive hands-on experience in leading complex M&A transactions from strategy formulation through to closing.

• Profound knowledge in valuation, deal structuring, financial modeling, and transaction governance.

• Proven experience in a large, highly matrixed, regulated organization.

• Ability to influence senior executives and business presidents without having direct authority.

• A history of rebuilding or transforming a function or team during times of change.

• Experience in the healthcare industry, including payer, PBM, pharmacy, provider, or services sectors.

• Established connections within the healthcare investment banking and advisory landscape.

• Experience in supporting decision-making at the Executive Leadership Team and Board level.

• Familiarity with large-scale acquisitions and complex integrations.

• A Bachelor’s degree in Finance, Economics, Business Administration, or a related field is required.

• An MBA or other advanced degree is highly preferred.

🏝️ Benefits

• Participation in CVS Health's bonus, commission, or short-term incentive program in addition to base salary.

• Eligibility for the company’s equity award program.

• Medical insurance coverage.

• Dental insurance coverage.

• Vision insurance coverage.

• Paid time off for rest and relaxation.

• Retirement savings options.

• Wellness programs to enhance overall health.

• Additional resources to support physical, emotional, and financial well-being.

• A comprehensive benefits package available for colleagues and their families.