Sr. Corporate Development Program Director

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll 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 enterprise‑level programs that shape Medtronic’s portfolio structure, with a primary focus on strategic integrations (e.g., acquisitions, tuck‑ins) and separations (e.g., divestitures, carve‑outs, spin‑offs). 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 Medtronic’s 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 end‑to‑end integration and separation programs across businesses, OUs, and functions, from due diligence through execution and value capture. Establish and run cross‑functional 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, dis‑synergies, and one‑time costs) for each deal they lead.

Integration Leadership

For integrations, drive Day 0 / Day 1 readiness and post‑close 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 stand‑alone and transition plans, including TSA strategy, negotiation support, and exit plans. Partner with business and functional leaders to define the future‑state 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, trade‑offs, and options. Develop and execute enterprise‑level change and communication strategies for impacted leaders, managers, and employees. Build, lead, and develop high‑performing, 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 Must‑Have

Bachelor’s degree in Business, Finance, or related field (or equivalent experience). Extensive experience (typically 15+ years) leading large, complex cross‑functional 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 cross‑functional leaders in a global, matrixed environment. Strong financial and portfolio acumen, including valuation drivers, synergy/dis‑synergy modeling, and capital allocation trade‑offs. Deep program management expertise, including governance design, risk/issue management, and benefit realization. Exceptional communication and executive‑level storytelling skills; able to synthesize complex issues into clear recommendations and decision options.

Nice‑to‑Have

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 high‑performing, diverse teams and creates an environment of accountability, inclusion, and continuous improvement. Models Medtronic’s 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 impact. In 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 life—where 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.
 

The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance/reimbursement, and Simple 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 match, Short-term disability, Paid time off, Paid holidays, Employee Stock Purchase Plan, Employee Assistance Program, Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), and Capital 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 95,000+ 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 law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.