Chief Development Officer

RREMC Restaurants, LLC•West Palm Beach, FL

About The Position

The Chief Development Officer (CDO) is responsible for developing and executing comprehensive development strategies to achieve revenue and growth goals, aligning with the organization’s long-term vision and objectives. This role involves identifying emerging trends, exploring new markets, and creating initiatives to diversify income streams, applicable to both corporate business expansion and nonprofit fundraising. The CDO collaborates closely with the CEO and board to integrate development strategies into broader organizational plans. Key focuses include revenue generation, market expansion, and securing strategic business partnerships. The CDO also leads and mentors development, fundraising, and partnership teams, fostering a culture of accountability, collaboration, and innovation. They are responsible for overseeing budgets, evaluating fiscal performance, ensuring ethical and legal compliance, and preparing reports for the board and senior management on development activities, metrics, and outcomes.

Requirements

  • Proven experience as CDO
  • MS/MA in business administration or relevant field
  • An entrepreneurial mindset with outstanding organizational and leadership skills
  • Experience in developing profitable strategies and implementing vision
  • Strong understanding of corporate finance and performance management principles
  • Familiarity with diverse business functions such as marketing, PR, finance etc.
  • In-depth knowledge of corporate governance and general management best practices
  • Analytical abilities and problem-solving skills
  • Excellent communication and public speaking skills

Responsibilities

  • Develops and executes comprehensive development strategies to achieve revenue and growth goals, ensuring alignment with the organization’s long-term vision and objectives.
  • Identifies emerging trends, explores new markets, and creates initiatives to diversify income streams.
  • Works closely with the CEO and board to integrate development strategies into broader organizational plans.
  • Focuses on revenue development, market expansion, and securing strategic business partnerships.
  • Identifies and secures strategic partnerships that align with the organization’s mission and growth objectives.
  • Negotiates contracts and collaborates with marketing teams to enhance organizational positioning.
  • Acts as a bridge between internal teams and external stakeholders, representing the organization at high-level events, conferences, and donor engagements.
  • Leads and mentors development, fundraising, and partnership teams, ensuring staff have the skills, resources, and support to achieve goals.
  • Fosters a culture of accountability, collaboration, and innovation within the development function.
  • Establishes performance metrics and tracks progress toward objectives.
  • Oversees budgets, evaluates fiscal performance, and ensures ethical and legal compliance in all development activities.
  • Prepares and presents reports on development activities to the board and senior management, analyzing metrics, campaign outcomes, and strategic initiatives.
  • Ensures transparency and accountability in financial matters while continuously seeking opportunities for improvement and sustainable growth.
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