Director, Corporate Development

What Corporate Development Management contributes to Cardinal Health

Corporate Development and Strategy is responsible for leadership, direction, and expertise in the development of business strategy, strategic management disciplines and business analytics that support the company's mission vision and valuation objectives, in close collaboration with business leaders.

Corporate Development Management is responsible for strategic oversight and leadership direction within the Corporate Development function.

Job Summary

The Director, Corporate Development will be a key member of the team, focusing on M&A deal execution, upstream inorganic strategic planning, deal approval processes, and deal structuring and negotiations. This includes working extensively with external stakeholders and internal cross-functional teams, while supporting business and executive leadership in deal evaluation, execution, and venture portfolio strategy. As part of a highly visible and impactful team, the Director will have demonstrated experience flourishing in rapidly evolving environments and possess exceptional analytical and relationship building skills.

Responsibilities

• Deal Strategy: Work with business, finance, and strategy teams to assess inorganic priorities and develop a business case for each acquisition, including detailed assessment of the competitive marketplace and quantitative support for annual operating plan and investment requirements

• Due Diligence: Identify and investigate critical due diligence items that will impact modeling assumptions and inform integration planning

• Financial Analysis: Create and review detailed financial models and valuation analyses to assess the financial impact of potential transactions. Evaluate the financial feasibility and return on investment of each M&A opportunity

• Deal Structuring: Collaborate with Tax, Legal, Accounting and Treasury teams to structure transactions

• Deal Approval: Support communications with Corporate CEO, CFO, Segment CEOs and CFOs, Chief Accounting Officer, Treasurer, Business Unit GMs and other members of Cardinal Health leadership. Facilitate Corporate approval process for all deals

• Integration Planning: Collaborate with Integration team and cross-functional teams to ensure a level and timing of integration consistent with business needs, budget and transaction model

• Separation Planning: Support the development of the separation plans for divestitures and the development and implementation of transition services agreements

• Compliance and Governance: Ensure compliance with all legal, regulatory and Cardinal Health requirements throughout the M&A process. Maintain the highest standards of governance and confidentiality

• Deal Strategy: Work with business, finance, and strategy teams to develop a business case for each acquisition, including detailed assessment of the competitive marketplace and quantitative support for annual operating plan and investment requirements

• Due Diligence: Identify critical due diligence items that will impact modeling assumptions and inform integration planning

• Financial Analysis: Create detailed financial models and valuation analyses to assess the financial impact of potential transactions. Evaluate the financial feasibility and return on investment of each M&A opportunity

• Deal Structuring: Collaborate with Tax, Legal, Accounting and Treasury teams to structure transactions

• Deal Approval: Support communications with Corporate CEO, CFO, Segment CEOs and CFOs, Chief Accounting Officer, Treasurer, Business Unit GMs and other members of Cardinal Health leadership. Facilitate Corporate approval process for all deals

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Engineering or related field preferred. Advanced degree a plus

• 6+ years' experience in corporate development, mergers & acquisitions, investment banking, private equity, venture capital, strategy or finance preferred

• Direct experience executing M&A transactions from start to finish, utilizing strong financial capabilities and project management skills, including negotiation experience and ability to work effectively with functional experts from Legal, Tax, Accounting, Treasury, etc. to appropriately structure complex transactions

• Direct experience with M&A valuation and financial modeling, sufficient to lead, coach, and develop team of dedicated valuation and project management resources

What is expected of you and others at this level

• Provides leadership to managers and experienced professional staff; may also manage front line supervisors

• Manages an organizational budget

• Develops and implements policies and procedures to achieve organizational goals

• Assists in the development of functional strategy

• Decisions have an extended impact on work processes, outcomes, and customers

• Interacts with internal and/or external leaders, including senior management

• Persuades others into agreement in sensitive situations while maintaining positive relationships

Anticipated salary range: $135,400-$208,100

Bonus eligible: Yes

Benefits: Cardinal Health offers a wide variety of benefits and programs to support health and well-being.

• Medical, dental and vision coverage

• Paid time off plan

• Health savings account (HSA)

• 401k savings plan

• Access to wages before pay day with myFlexPay

• Flexible spending accounts (FSAs)

• Short- and long-term disability coverage

• Work-Life resources

• Paid parental leave

• Healthy lifestyle programs

Application window anticipated to close: 8/7/26 *if interested in opportunity, please submit application as soon as possible.

The salary range listed is an estimate. Pay at Cardinal Health is determined by multiple factors including, but not limited to, a candidate's geographical location, relevant education, experience and skills and an evaluation of internal pay equity.

Candidates who are back-to-work, people with disabilities, without a college degree, and Veterans are encouraged to apply.

Cardinal Health supports an inclusive workplace that values diversity of thought, experience and background. We celebrate the power of our differences to create better solutions for our customers by ensuring employees can be their authentic selves each day. Cardinal Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, sex, sexual orientation, gender identity/expression, pregnancy, veteran status, marital status, creed, status with regard to public assistance, genetic status or any other status protected by federal, state or local law.

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