The Vice President of Corporate Development will be responsible for leading the team that executes on Tenetï¿½s M&A and inorganic business strategy.
The focus of this position will be to assess and manage a portfolio of concurrent strategic transactions that support Tenetï¿½s growth and effective deployment of assets and capital across operating business lines. The role is based in Dallas, with moderate travel required in order to effectively execute the plan. Creativity, innovation, self-reliance, and an intuitive sense of deal pace and momentum are keys to success in this position. Experience successfully driving small and large M&A transactions will be necessary. In addition, oneï¿½s ability to effectively assess and prioritize strategic opportunities for Tenetï¿½s involvement along with skillful management of the relationships involved, will add to the efficiency and reduced cycle-time in getting complex, enterprise-level transactions finalized. An understanding of the regulatory context of the Healthcare industry is also needed, as is a sound understanding of contracts and comfort level partnering with counsel to help drive opportunities to closure.
Assessing the market opportunity and building / managing a team to capture the opportunity is a critical part of the job.
Essential duties and responsibilities will include the following:
Develop and prepare short-term and long-range development plans and budgets based on corporate goals and objectives and recommends their adoption to members of the Executive Team.
Partner with business leaders before, during and after the M&A processes, to ensure the deals make strategic sense, fit with forward-looking business plans, and are integrated smoothly and fully optimized.
Build, manage, and lead the Tenet corporate development team. Develop a robust M&A pipeline management process, inclusive of potential divestitures.
Develop and guide due diligence and negotiations for new opportunities as well as ensuring the accurate and timely valuation of acquisition targets.
Interface and communicate effectively with all company departments.
Evaluate general and specific business conditions and keep executive team informed on these matters, as well as participate with other Executives in developing strategy and corporate objectives and plans for their achievement, including key investment criteria and thresholds.
Direct and organize activities to achieve or exceed budgeted results and other financial criteria to enhance the growth and value of the company.
Provide effective decision framework to the Executive Leadership Team to assess the quality of potential acquisitions, divestitures, or other strategic transactions.
Ensure post acquisition synergies and expected performance targets are met during and after the business integration period.
The successful candidate will also have the following personal skills and behavioral attributes:
Ability to drive a complex M&A process and possess a sales and customer service mindset.
Represent the organization at all times; participate as an integral part of the executive management team and express their views appropriately; be supportive of other managers; and set an example of high personal and professional conduct and integrity for employees and others.
Ability to identify priorities and drive them to completion.
Strong strategic decision-making capabilities with the understanding of inherent risks, and the implications of decisions and the courage to commit appropriate resources within the context of the strategy.
Ability to develop a sound organizational structure, mentor managers and work with new concepts and fix broken ones.
Willingness to challenge the status quo by encouraging openness to new ideas and aggressively changing existing strategies, current structures, systems and processes to better utilize resources and take advantage of opportunities.
Strong operational, negotiating and strategic skills with the ability to understand and define markets, customers and develop plans to grow market share. Courage and openness in seeking input and counsel from various sources without abdicating responsibility for timely and forceful decision making.
Experience in selling a concept and service versus a product.
Ability to create a following throughout an organization by communicating a clear and inspiring vision for engaging an entire organization in achieving an overall strategic objective.
Secure and collaborative leadership style; able to seek input and counsel from a wide constituency, without losing decisiveness or the ability to take action and inspire others to action, as appropriate.
The successful candidate will possess a Bachelorï¿½s degree, and an MBA or relevant graduate degree is preferred.
The successful candidate will have been recognized for excellence in executing his/her national development responsibilities and corporate management duties in a comparably large and complex organization, or in advising clients of a similar scale as an investment banker in a bulge bracket firm.
Experience working with health systems whose recognition and reputation for excellence and quality place them at or near the top of the U.S. healthcare delivery system. In addition, experience in a high-growth, for-profit and fast paced company is a must.
The organization will design an attractive compensation and benefits package commensurate with the successful candidateï¿½s experience and value-added contribution.
Job: Executive Search
Primary Location: Dallas, Texas
Facility: Tenet Executive Search
Job Type: Full-time
Shift Type: Days
Employment practices will not be influenced or affected by an applicantâ��s or employeeâ��s race, color, religion, sex (including pregnancy), national origin, age, disability, genetic information, sexual orientation, gender identity or expression, veteran status or any other legally protected status. Tenet will make reasonable accommodations for qualified individuals with disabilities unless doing so would result in an undue hardship.
Internal Number: 2005043295
About Tenet Executive Search
Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company headquartered in Dallas with 112,000 employees. Through an expansive care network that includes United Surgical Partners International, we operate 65 hospitals and approximately 510 other healthcare facilities, including surgical hospitals, ambulatory surgery centers, urgent care and imaging centers and other care sites and clinics. We also operate Conifer Health Solutions, which provides revenue cycle management and value-based care services to hospitals, health systems, physician practices, employers and other clients. Across the Tenet enterprise, we are united by our mission to deliver quality, compassionate care in the communities we serve.