Executive Director, Capital Project Planning

CVS Health • Island, KY

3d

About The Position

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. Position Summary The Executive Director of Capital Project Planning is responsible for leading the planning, governance, and delivery of construction programs across CVS Health’s asset portfolio. The role oversees three core functions—Construction Program Management, Construction Project Management Office (PMO), and Construction Vendor Management—and serves as the enterprise partner for business‑led capital initiatives. Operating at the intersection of project planning and program execution, the Executive Director translates enterprise priorities into structured, executable construction programs. The role provides leadership across multi‑year initiatives and manages annual capital portfolios ranging from approximately $200M to $600M, depending on enterprise priorities and investment plans. The Executive Director is accountable for disciplined capital management, program governance, effective program delivery, and building a high-performing team that is best in class.

Requirements

• 10+ years of experience in construction, capital project planning, or program leadership within retail, healthcare, or similarly complex environments
• Demonstrated leadership experience managing organizations with people managers
• Experience establishing governance models, planning processes, and performance reporting
• Strong communication and influencing skills, with the ability to work effectively across functions and leadership levels
• Strong analytical, critical‑thinking, and problem‑solving capabilities
• Ability to manage complexity, set clear direction, and drive accountability
• Demonstrated commitment to high standards of execution, quality, and performance
• Experience managing large, multi‑year capital portfolios in excess of $200M annually is strongly preferred
• Ability to travel 20-25% of the time
• Bachelor’s degree in engineering, architecture, construction management, or a related field or equivalent (required)

Nice To Haves

• Master’s degree (preferred)

Responsibilities

• Lead the planning and execution of construction programs supporting new initiatives, ongoing portfolio needs, and compliance requirements
• Partner with business and functional leaders to translate enterprise priorities into deliverable construction programs
• Provide oversight of capital planning, forecasting, and budget management to ensure financial discipline and alignment to approved investment plans
• Establish and manage program‑level governance, reporting, and risk management across large construction portfolios
• Shape delivery models, processes, and standards to support consistent execution and improved outcomes
• Oversee construction vendor strategy and performance, including coordination with architectural, engineering, and construction partners
• Build strong working partnerships across planning, design, construction, finance, real estate functions and internal business leaders
• Lead and develop a strong planning organization, including people leaders and cross‑functional teams
• Operate effectively in a fast‑paced environment, managing competing priorities and adjusting to changing business needs

Benefits

• This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families.
• The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.
• Additional details about available benefits are provided during the application process and on Benefits Moments.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive