Director - Separation & Integration Management

GE HealthCare•Chicago, IL

3d•Onsite

About The Position

We are looking for an experienced M&A Separation/ Integration Director to join GE HealthCare’s Business Development team. This pivotal role partners with the Business Development and Segment teams to shape and execute on strategic acquisitions and divestitures. This role is responsible for developing and maintaining a consistent, efficient, and comprehensive due diligence, integration and divestiture approach to support GE HealthCare’s portfolio strategy. The main objective of this role is to facilitate the realization of a deal’s value drivers (i.e. acquisition goals), divestitures and other M&A ventures through developing effective structures, robust processes, comprehensive toolsets, and facilitating the consistent use of these by GE HealthCare team members. On integrations/ acquisitions, the Director will be working closely with the GE HealthCare Integration Management Office (IMO) to lead integration strategy and planning, and post-acquisition integration efforts for large & complex global transactions. On divestitures/ carve-outs, the Director will be working closely with the GE HealthCare Separation Management Office (SMO) on day-to-day responsibilities across all phases of the transaction from pre-deal diligence to post-close separation and support activities related to TSA exit. In pre-deal diligence, the Director will support reverse diligence activities including operating model construction, Legal Entity separation planning, drafting of TSA schedules, development of select disclosure schedules, managing separation planning, Day 1 readiness and deal-cutover. In post-close phase, the Director’s responsibilities will include setup of TSA governance and managing TSA exit activities, monitoring key execution and operating metrics and TSA financials. This is a high-impact role ideal for someone who thrives in a fast-paced, matrixed environment and has a proven track record of driving integration/ separation, program management, and strategic execution.

Requirements

Bachelor's Degree required.
5 – 7 years of experience supporting M&A activity, integrations and/ or divestitures including diligence, integration/ separation planning and execution in global healthcare and MedTech industry
8 – 10 years of cross-functional project/ program management and leadership experience including project initiation, scoping, resourcing, vendor management, risk management and implementation support in complex globally matrixed organization environment
Rigorous attention to detail in developing, supporting and tracking detailed project milestones and metrics
Strong interpersonal skills and developing team leadership/ workshop facilitation skills
Maintains professional demeanor and confidentiality
Solid critical thinking, analytical and problem-solving skills, including the ability to use quantitative and qualitative data to identify and evaluate assumptions and draw conclusions, ability to independently identify, resolve and escalate issues, and provide concise executive level summary that accurately reflect analyses
Developing leadership skills, ability to effectively influence cross-functional partners
Possesses a service-oriented mindset, building mutual trust and encouraging respect and cooperation among team members and key stakeholders
Track record of delivering successful business process initiatives
Must be willing to travel up to 20% of the time or as required.

Nice To Haves

Master’s Degree or equivalent experience in Business Administration (MBA) preferred
Highly familiar with M&A processes across the entire deal continuum from due diligence to deal signing, Closing or getting to Day 1, and post-merger integration
Extensive program, project management and process management skills
Some high-level understanding of one or more end-to-end business processes like quote-to-cash, returns, source-to-pay, forecast-to-delivery, plan-to-inventory, record-to-report, hire-to-retire, and appreciation for complex IT integration is highly desirable
Is comfortable and can thrive in ambiguous and rapidly evolving situations
Has a high capacity to manage and support complex work across multiple projects at any point of time
Brings creativity to problem solving. Serves as an advocate for adopting innovative approaches/ ideas
Able to negotiate effectively in various business environments to manage expectations related to projects
Expertise in delivering high-quality deliverables and outcomes
Superior communication, presentation and collaboration skills, at ease with both business and technical topics. Comfortable presenting to Business Unit Leaders, cross-functional teams
Is ambitious and a self-starter. Proactively thinks about opportunities and how to drive change
Has demonstrated success in influencing peers and leaders and supporting quick and clear decision making in a highly complex and matrix organization
Demonstrated competency in providing leadership and direction to cross-functional teams and resources
Strong analytical and problem-solving skills, effectively evaluates information/data to make decisions, anticipates obstacles and develops plans to resolve, creates actionable strategies and operational plans
Expert in navigating through ambiguity, prioritizing conflicting requirements and bringing clarity to teams
Takes a holistic perspective, objectively compares multiple tradeoffs, and empathizes with multiple points of view

Responsibilities

Assist the Business Development deal teams in evaluating integration/ separation requirements including approach, costs, resources, risks, and mitigants
Partner closely with Business Unit/ Segment Leader(s) to lead day-to-day integration/ separation planning and execution efforts across pre-close and post-close phases
Lead and/ or partner closely with Business Unit/ Segment Leader(s) on all aspects of the development of details integration/ separation workplans, deal timeline and roadmap
Identify and engage GE HealthCare cross-functional team members to define deal workstreams and integration/ separation charters for each function
Lead planning and program management aspects of execution by operationalizing complex legal entity transactions working very closely with Tax, Treasury, Legal and Accounting teams and other cross-functional team members
Develop TSA schedules, costing methodology, governance, billing mechanisms and exit planning
Facilitate critical cross-functional integration/ separation workshops (e.g., kick-off, Day 1 readiness/ cutover and process-flow workshops etc.)
Drive day-to-day execution of the deal process, including coaching cross-functional teams, leading weekly team meetings, and driving proactive issue resolution
Lead deal governance process to ensure speed, consistency and control over transactions
Identify and work closely with external advisors (bankers, external counsel, financial diligence teams and consultants)
Track and report to GE HealthCare deal sponsors, leadership and executives, critical metrics aligned with deal value drivers
Facilitate development and approval of external support resources and actively track budget
Develop, deploy and use a toolkit to identify and monitor action items and coordinate issues and dependencies all along the transaction lifecycle
Increase awareness and provide training to collaborators on transactions, including BD, diligence teams, functional leads, business Leaders and business owners/managers
Conduct post-mortems on deal and integration / separation execution
Drive the development of deal planning and execution standard methodologies
Serve as a SME representing GE HealthCare’s M&A Integration/ Separation Center of Excellence in developing, espousing the philosophies, processes and results of the team and the organization both inside and outside of Company’s walls
Serve as a key point of contact for the acquired company and ensure their teams are supported adequately during the transition or partnership period
Oversee the development of Change Impact Assessments and a Change Management/Communications Plans for all significant activities triggered by integration/ separation