General Electric Senior Director, Strategy and Business Development in Boston, Massachusetts
Job Description Summary
This is an exciting and historic moment to join GE. In 2021, GE announced plans to become three independent and publicly traded businesses focusing on healthcare, aviation and energy over the next several years. Channeling its 130 years of innovation, all three – each a leader in its industry – will carry forward the legacy of innovation that dates back to Thomas Edison while at the same time welcoming a new beginning.
In early 2024, GE plans to take public its portfolio of energy businesses under the banner name GE Vernova. This energy portfolio, which includes gas turbines, onshore and offshore wind turbines, grid technology and software, is already helping customers around the world decarbonize and bring online more reliable, affordable and sustainable electricity. This portfolio of businesses is powerful – in fact, 1/3 of the world’s electricity is powered by GE’s equipment.
GE Digital is the rapidly growing software company inside the GE Vernova portfolio. GE Digital delivers the software that accelerates the future of energy and is driving the decarbonization of the planet across the energy ecosystem – from creation through consumption.
GE Digital is in a strong position to lead the energy transition, building on its significant momentum of financial and operational progress. We are looking for a dynamic leader who shares our passion and determination for taking on one of the world’s biggest challenges. Together with our customers, we will help electrify the world while driving affordability, reliability, and sustainability in every corner of it.
Role & Responsibilities:
Lead the strategic planning process for one or more GE Digital business units
Perform strategic analyses and scenario planning to understand market trends and anticipate disruptions
Analyze markets and ensure GE Digital’s strategic alignment with customer challenges and opportunities
Define and prioritize key strategic initiatives
Develop and advance Mergers & Acquisitions (M&A) game plan to accelerate GE Digital’s strategy.
Cultivate ecosystem relationships and develop a pipeline of strategic partner and acquisition opportunities.
Perform due diligence on the most attractive and actionable targets. Develop acquisition models, assess alternative transaction structures and help negotiate key deal terms.
Work with GE’s Corporate Business Development team to develop Senior Leadership and Board presentations and to secure deal approvals.
The Senior Director, Strategy and Business Development will report to the Chief Strategy Officer and will partner with leaders across GE Digital’s Business Units, Finance and Legal teams as well as GE’s Corporate Business Development team.
At least 6 years of experience in Strategy and Business Development roles, including M&A experience (investment banking, private equity and/or corporate M&A).
Analytical, methodical and rigorous approach. Ability to problem-solve complex business issues, perform research and analyses, apply business judgment and financial acumen, and synthesize conclusions into a value-maximizing business strategy.
Proven ability to lead virtual teams, manage projects and deliver results on time in a matrixed environment. Strong customer orientation and collaborative mindset. Comfortable acting as an individual contributor and as leader of a large virtual team (Player/Coach)
Excellent communication skills. Ability to present findings and recommendations in concise, easy-to-understand terms and to rally stakeholders around a common vision.
Executive presence and ability to build trust and influence senior leaders to drive change.
Bachelor’s degree in engineering, finance, business or related field.
Ideal candidate will also have the following additional qualifications:
Industry experience in the technology and Energy industries, as well as B2B software and particularly and SaaS and Cloud business models.
Expected travel: approximately 25% on average
Desired Location: Boston, Seattle, or Bay Area preferred. Remote option as well.
The salary range for this position is $180,000 to $271,000. The specific salary offered to a candidate may be influenced by a variety of factors including the candidate’s experience, education and the work location. In addition, this position is eligible for a performance bonus/variable incentive compensation. Available benefits include health, medical, vision, 401K and paid leave.
GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer (https://assets.phenompeople.com/CareerConnectResources/GE11GLOBAL/en_global/desktop/assets/images/poster_screen_reader_optimized_w_supplement.pdf) . Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).
Relocation Assistance Provided: No