Position Summary The Vice President of Corporate Development will lead enterprisewide merger, acquisition, divestiture, and strategic investment activity for CVS Health, one of the largest, most ...
Position Summary The Vice President of Corporate Development will lead enterprisewide merger, acquisition, divestiture, and strategic investment activity for CVS Health, one of the largest, most ...
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Vp information
See West Springfield, MA salary details
$43.3K - $64.5K
1% of jobs
$64.5K - $85.7K
5% of jobs
$85.7K - $106.9K
14% of jobs
$112.9K is the 25th percentile. Wages below this are outliers.
$106.9K - $128.1K
18% of jobs
The median wage is $141.7K / yr.
$128.1K - $149.3K
19% of jobs
$149.3K - $170.5K
14% of jobs
$179.5K is the 75th percentile. Wages above this are outliers.
$170.5K - $191.7K
11% of jobs
$191.7K - $212.9K
8% of jobs
$212.9K - $234.1K
4% of jobs
$234.1K - $255.3K
4% of jobs
$255.3K - $276.5K
2% of jobs
$43.3K
$157K
$276.5K
How much do vp jobs pay per year?
What is a VP?
What are the key skills and qualifications needed to thrive as a vice president (VP), and why are they important?
What are some common challenges faced by vice presidents when managing cross-functional teams?
What is the difference between Vp vs Marketing Manager?
| Aspect | Vp | Marketing Manager |
|---|---|---|
| Required Credentials | Bachelor's degree, often MBA, experience in leadership roles | Bachelor's degree in marketing, communications, or related field; relevant experience |
| Work Environment | Executive-level, strategic planning, cross-department collaboration | Operational, campaign management, team supervision |
| Employer & Industry Usage | Used in large corporations across industries for strategic oversight | Common in companies of all sizes for marketing execution |
| Search & Comparison Intent | Understanding high-level strategic roles, career progression | Focus on daily responsibilities, skills, and campaign management |
The main difference between a Vp and a Marketing Manager lies in their scope and level of responsibility. Vps typically hold executive roles focused on strategic planning and leadership, while Marketing Managers handle day-to-day campaign execution and team management. Both roles require marketing knowledge, but Vps are more involved in high-level decision-making and long-term planning.
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Vice President, Corporate Development
Hartford, CT • On-site
5.8
Based on 4,355 frontline employees who took The Breakroom Quiz
91st of 113 rated pharmacies
Recommended by students
Recommended by parents
Respectful managers
Uninterrupted breaks
Full-time
Medical, Dental, Vision, Retirement, PTO
Posted 26 days ago
Job description
We're building a world of health around every individual - shaping a more connected, convenient and compassionate health experience. At CVS Health, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselvesaccountable and prioritize safety and quality in everything we do. Join us and be part of something bigger - helping to simplify health care one person, one family and one community at a time.
Position Summary
The Vice President of Corporate Development will lead enterprisewide merger, acquisition, divestiture, and strategic investment activity for CVS Health, one of the largest, most diversified, and highly regulated healthcare organizations in the U.S. This role is responsible for shaping and executing CVS Health's corporate development strategy, advising senior leadership and the Board on inorganic growth opportunities, and leading a bestinclass Corporate Development function.
This is a critical leadership role at a pivotal moment. The VP will be responsible not only for deal execution, but also for rebuilding and strengthening the Corporate Development organization-establishing operating rigor, credibility, and enterprise partnership across a complex, multisegment business.
The role spans corporate development activity across CVS Health's diversified portfolio, including:
- Pharmacy Services / PBM
- Health Care Benefits (payer)
- Retail and Consumer Health
- Provideradjacent, valuebased care, and healthcare services assets
- Digital, data, and analyticsenabled healthcare platforms
The VP must be effective operating across a highly matrixed enterprise with multiple business presidents, shared services partners, and enterprise governance bodies.
Strategy & Enterprise Leadership
- Partner with executive leadership to define and prioritize enterpriselevel corporate development strategy aligned with CVS Health's longterm growth and value creation objectives.
- Serve as a trusted advisor to the Executive Leadership Team and Board of Directors on inorganic growth, strategic alternatives, capital allocation, and portfolio optimization.
- Lead and rebuild the Corporate Development function, establishing clear governance, decision frameworks, operating cadence, and performance standards.
M&A and Investment Execution
- Lead endtoend transaction execution including target identification, valuation, diligence, negotiation, structuring, and closing.
- Develop investment theses, strategic rationales, and scenariobased recommendations for complex transactions.
- Oversee integration strategy and execution in partnership with business leaders, finance, legal, compliance, and operations-driving value realization in a highly matrixed environment.
- Evaluate and execute divestitures and strategic exits as part of broader portfolio management.
Capital Markets & External Relationships
- Maintain strong, established relationships with investment banks, financial sponsors, and advisors across the healthcare ecosystem.
- Represent CVS Health externally in M&A discussions and negotiations with credibility and discipline.
- Ensure marketcredible engagement with advisors and counterparties consistent with CVS Health's scale and reputation.
Governance, Risk & Regulatory Leadership
- Ensure all transactions adhere to enterprise governance standards and healthcare regulatory requirements.
- Incorporate regulatory, reimbursement, antitrust, and government program considerations (including payer, PBM, pharmacy, and provider dynamics) into deal evaluation and execution.
- Partner closely with legal, compliance, and finance teams to assess and manage financial, operational, regulatory, and reputational risk across the transaction lifecycle.
Team Development & Culture
- Build, lead, and develop a highperforming corporate development team with clear roles, accountability, and succession planning.
- Establish scalable processes, analytical rigor, and bestpractice tools to support enterpriselevel execution.
- Lead with an enterprise mindset in a purposedriven, valuesbased organization focused on improving health outcomes.
Required Qualifications
- 15+ years of experience in corporate development, investment banking, private equity, or a relevant combination.
- Significant hands-on experience leading complex M&A transactions from strategy through close.
- Deep expertise in valuation, deal structuring, financial modeling, and transaction governance.
- Demonstrated experience operating within a large, highly matrixed, and regulated enterprise.
- Proven ability to influence senior executives and business presidents without direct authority.
- Track record of rebuilding or transforming a function or team during periods of change.
- Healthcare industry experience, including exposure to payer, PBM, pharmacy, provider, or services businesses.
- Established relationships across the healthcare investment banking and advisory ecosystem.
- Experience supporting Executive Leadership Team and Board level decision making.
- Experience with large-scale acquisitions and complex integrations, not solely tuck in transactions.
Preferred Qualifications
MBA or other advanced degrees strongly preferred.
Education
Bachelor's degree in finance, Economics, Business Administration, or a related field required.
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.
Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.
Great benefits for great people
We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.
Additional details about available benefits are provided during the application process and on Benefits Moments.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
About CVS Health
Sourced by ZipRecruiter
Industry
Health care and social assistance and retail
Company size
10,000+ Employees
Headquarters location
Woonsocket, RI, US
Website
What CVS Health employees say
Pay
Benefits
Hours and flexibility
Workplace
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