Executive Director, Capital Project Planning

Role Description

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.

Primary 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.

Qualifications

• 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.

Education

• Bachelor’s degree in engineering, architecture, construction management, or a related field or equivalent (required).
• Master’s degree (preferred).

Pay Range

The typical pay range for this role is: $131,500.00 - $303,195.00. This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company’s equity award program.

Benefits

• Comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families.
• Medical, dental, and vision coverage.
• Paid time off.
• Retirement savings options.
• Wellness programs and other resources, based on eligibility.

We anticipate the application window for this opening will close on: 05/01/2026.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.