Sr. Corporate Development Program Director

Medtronic


Job Location:

Minneapolis, MN - USA

Monthly Salary: $ 230400 - 345600
Posted on: 18 days ago
Vacancies: 1 Vacancy

Job Summary

We anticipate the application window for this opening will close on - 5 Jun 2026


At Medtronic you can begin a life-long career of exploration and innovation while helping champion healthcare access and equity for all. Youll lead with purpose breaking down barriers to innovation in a more connected compassionate world.

A Day in the Life

Job Summary

The Sr. Program Director Integrations & Separations leads enterpriselevel programs that shape Medtronics portfolio structure with a primary focus on strategic integrations (e.g. acquisitions tuckins) and separations (e.g. divestitures carveouts spinoffs). This role sits in Portfolio Management and is accountable for turning portfolio decisions into executable programs aligning transactions to enterprise strategy and ensuring disciplined delivery of value while protecting business continuity patients customers and employees.

Key Responsibilities:

Portfolio Management Governance Insights & Strategy Alignment

Translate corporate portfolio strategy and Board / ELT decisions into clear integration and separation program objectives scope and success measures. Partner with Strategy Finance Business Development and OUs to ensure transactions align with Medtronics strategic road map and capital allocation priorities. Provide the Corporate Portfolio Management and ELT with clear visibility to status risks and value realization across the integration/separation portfolio. Develop standardized playbooks tools KPIs and dashboards for integration and separation programs to drive consistency and comparability across deals. Synthesize lessons learned and trends across transactions to inform future portfolio decisions and deal design.

Integration & Separation Program Leadership

Lead endtoend integration and separation programs across businesses OUs and functions from due diligence through execution and value capture. Establish and run crossfunctional governance (IMO/SMO steering committees decision forums) with clear charters decision rights and escalation paths. Build and maintain integrated program plans including critical paths dependencies risks and decision milestones. Define track and report on value realization (synergies dissynergies and onetime costs) for each deal they lead.

Integration Leadership

For integrations drive Day 0 / Day 1 readiness and postclose integration through stabilization and optimization. Orchestrate functional integration plans (e.g. commercial R&D Quality/Regulatory Operations IT HR Finance Legal) to achieve synergy targets while maintaining compliance quality and patient safety. Ensure operating model process and system decisions are consistent with enterprise standards and portfolio priorities.

Separation & Divestiture Leadership

For separations design and lead standalone and transition plans including TSA strategy negotiation support and exit plans. Partner with business and functional leaders to define the futurestate operating models for both the divested entity and retained Medtronic organization. Oversee disentanglement of people processes technology and data minimizing disruption to revenue customers and critical operations.

Stakeholder Change and People Leadership

Serve as a trusted advisor to senior executives and OU leaders on integration and separation implications tradeoffs and options. Develop and execute enterpriselevel change and communication strategies for impacted leaders managers and employees. Build lead and develop highperforming diverse program teams; foster a culture that reflects the Medtronic Mindset and Leadership Framework (Care Inspire Deliver).

Execution Excellence & Continuous Improvement

Apply disciplined program management practices (risk management dependency management benefits tracking) to drive predictable execution. Ensure compliance with corporate policies quality systems and relevant regulatory requirements throughout program lifecycle. Continuously refine integration and separation playbooks based on outcomes and feedback from stakeholders and teams.

Qualifications MustHave

Bachelors degree in Business Finance or related field (or equivalent experience). Extensive experience (typically 15 years) leading large complex crossfunctional programs or portfolios including significant exposure to M&A integrations and/or separations. Demonstrated experience working in or closely with Corporate Strategy Corporate Development or Portfolio Management functions. Proven ability to influence and partner effectively with senior executives and crossfunctional leaders in a global matrixed environment. Strong financial and portfolio acumen including valuation drivers synergy/dissynergy modeling and capital allocation tradeoffs. Deep program management expertise including governance design risk/issue management and benefit realization. Exceptional communication and executivelevel storytelling skills; able to synthesize complex issues into clear recommendations and decision options.

NicetoHave

Experience in medtech healthcare or other highly regulated industries. Prior accountability for an enterprise integration/separation portfolio or IMO/SMO leadership role. Advanced degree (MBA or equivalent) and/or formal program management certification.

Leadership Expectations

Demonstrates an enterprise mindset balancing OU needs with corporate portfolio priorities. Builds and develops highperforming diverse teams and creates an environment of accountability inclusion and continuous improvement. Models Medtronics Mission and leadership expectations ensuring that portfolio decisions and transactions are executed in a way that delivers results the right way.

For Baccalaureate degrees earned outside of the United States a degree that satisfies the requirements of 8 C.F.R. 214.2(h)(4)(iii)(A) is required.

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position but they are not an exhaustive list of all the required responsibilities and skills of this position.

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job the employee is regularly required to be independently mobile. The employee is also required to interact with a computer and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

U.S. Work Authorization & Sponsorship

At Medtronic we are committed to fostering an environment where employees can thrive and make a meaningful alignment with our enterprise-wide workforce planning approach U.S. work authorization sponsorship (H-1B TN J etc.) is offered exclusively for Principal-level roles and above where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.

Join us in our mission to alleviate pain restore health and extend lifewhere your unique background and perspective are valued.

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits resources and competitive compensation plans designed to support you at every career and life stage.

Salary ranges for U.S (excl. PR) locations (USD):$230400.00 - $345600.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

This position is eligible for an annual long-term incentive plan.

The base salary range is applicable across the United States excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience certification/education market conditions and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

The following benefits and additional compensation are available to those regular employees who work 20 hours per week: Health Dental and vision insuranceHealth Savings AccountHealthcare Flexible Spending AccountLife insurance Long-term disability leaveDependent daycare spending accountTuition assistance/reimbursement andSimple Steps (global well-being program).

The following benefits and additional compensation are available to all regular employees:Incentive plans 401(k) plan plus employer contribution and matchShort-term disabilityPaid time offPaid holidaysEmployee Stock Purchase PlanEmployee Assistance ProgramNon-qualified Retirement Plan Supplement (subject to IRS earning minimums) andCapital Accumulation Plan (available to Vice Presidents and above or subject to IRS earning minimums).

Regular employees are those who are not temporary such as interns. Temporary employees are eligible for paid sick time as required under applicable state law and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

Further details are available at the link below:

Medtronic benefits and compensation plans

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission to alleviate pain restore health and extend life unites a global team of 95000 passionate people.
We are engineers at heart putting ambitious ideas to work to generate real solutions for real people. From the R&D lab to the factory floor to the conference room every one of us experiments creates builds improves and solves. We have the talent diverse perspectives and guts to engineer the extraordinary.

Learn more about our business mission and our commitment to diversity here.

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age color national origin citizenship status physical or mental disability race religion creed gender sex sexual orientation gender identity and/or expression genetic information marital status status with regard to public assistance veteran status or any other characteristic protected by federal state or local addition Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

If you are applying to perform work for Medtronic Inc. (Medtronic) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County you can findhere a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.


Required Experience:

Director

We anticipate the application window for this opening will close on - 5 Jun 2026At Medtronic you can begin a life-long career of exploration and innovation while helping champion healthcare access and equity for all. Youll lead with purpose breaking down barriers to innovation in a more connected co...

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About Medtronic Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an excit ... View more

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