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Corporate Development Director

US

McCormick & Company, Inc., a world leader in the spice, flavor and seasonings industry, is seeking a full time Corporate Development Director. This new hire will work at 24 Schilling Road, located in Hunt Valley, MD. The Corporate Development Director will report to a Senior Corporate Development Director. 

With more than $5 billion in annual sales, the Company manufactures markets and distributes spices, seasoning mixes, condiments and other flavorful products to the entire food industry – retail outlets, food manufacturers and foodservice businesses. We create differentiating flavors consumers prefer with unmatched quality, science, innovation and service. Every day, no matter where or what you eat, you can enjoy food flavored by McCormick. McCormick makes every moment and meal better

As a company recognized for exceptional commitment to employees, McCormick offers a wide variety of benefits, programs and services. Benefits include, but are not limited to, tuition assistance, medical, dental, vision, disability, group life insurance, 401(k), profit sharing, paid holidays and vacations.

 

POSITION OVERVIEW:

Under general direction of the Sr Director of Corporate Development, this role leads Corporate Development/ M&A activities, aimed at delivering Growth and Operating Profit for McCormick & Co. The incumbent will liaise with both Corporate Staff and regional Counterparts as required to review, assess and advance growth opportunities through acquisition or strategic partnership. 

 

RESPONSIBILITIES:

  • Develop and manage a proactive acquisition pipeline including regular governance meetings with business unit leadership and target outreach
  • Leads Corporate Development processes including bid negotiations with sellers or intermediaries, managing due diligence, managing financial and contractual points with advisors and coordinating transaction issues with functional heads and related parties, including the America's Leadership Team, Management Committee, and Board of Directors
  •  Business Case Creation and Communication - lead or assist with the creation of all phases of a business case (market analysis, strategic fit, economic models, and integration plans) and the communication of the business case to all internal stakeholders
  •  Support the global head of integration with the integration of acquired businesses 
  • Manage special projects as required. This request may come from a Functional Head, Regional President, member(s) of the Management Committee, or members of the America's leadership team.
  •  Maintain strategic and operational relationships with regional third-party investment banking firms, due diligence advisors, and potential targets
  • Serve as the Corporate Development lead supporting the Global Strategy team, including DTC and Functional Foods Accelerator initiatives
  • Play an integral role in large-scale, Corporate-led transactions, leading target analysis, business case development, executive-level presentations, and overall transaction execution.

 

REQUIRED QUALIFICATIONS:

  • Business, Finance, Accounting or related course of study required.
  • Eight years’ experience in finance/accounting with five or more years’ experience in Corporate development required in Mergers & Acquisitions or Investment Banking.
  • Proven analytical, project management, and organizational skills with strong written and verbal communication skills required
  • Exceptional executive-level presentation skills and the demonstrated ability to interact effectively with all levels of the organization and externally
  • Business Acumen - Exercises strong analytical judgement in understanding the Merits of a Deal including any contractual risks
  • Must have exceptional executive-level presentation skills and the demonstrated ability to interact effectively with all levels of the organization and externally.
  • Excellent judgement and diplomacy skills required to manage highly sensitive and confidential information.  Needs to understand impact of verbal and non-verbal communication when meeting with perspective businesses.
  • Up to 25% travel

 

PREFERRED QUALIFICATIONS:

  • CPA/ MBA Preferred

McCormick & Company is an equal opportunity/affirmative action employer.  All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

 

As a general policy, McCormick does not offer employment visa sponsorships upon hire or in the future. 

 

 

WHY WORK AT MCCORMICK?

United by flavor. Driven by results.

As a McCormick employee you’ll be empowered to focus on more than your individual responsibilities. You’ll have the opportunity to be part of something bigger than yourself—to have a say in where the company is going and how it’s growing.

Between our passion for flavor, our 130-year history of leadership and integrity, the competitive and comprehensive benefits we offer, and our culture, which is built on respect and opportunities for growth, there are many reasons to join us at McCormick.