Director, Corporate Development

You may know McCormick as a leader in herbs, spices, seasonings, and condiments – and we’re only getting started. At McCormick, we’re always looking for new people to bring their unique flavor to our team. McCormick employees – all 14,000 of us across the world – are what makes this company a great place to work.

We are looking to hire a Director, Corporate Development to join the team based at our Global Headquarters in Hunt Valley, Maryland. The position is hybrid eligible (50% onsite per month).  

What We Bring To The Table:

The best people deserve the best rewards. In addition to the benefits you’d expect from a global leader (401k, health insurance, paid time off, etc.) we also offer:

• Competitive compensation

• Career growth opportunities

• Flexibility and Support for Diverse Life Stages and Choices

• Wellbeing programs including Physical, Mental and Financial wellness

• Tuition assistance

POSITION OVERVIEW:

Under general direction of the VP 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.

KEY 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 function heads and related parties including the Executive 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. These requests may come from a Function Head, Regional President, member(s) of the Management Committee, or members of the Executive leadership team
• Maintain strategic and operational relationships with regional third-party Investment Banking firms, due diligence advisors, and potential targets.

REQUIRED QUALIFICATIONS:

• Bachelors Degree in Business, Finance, Accounting, or other related field of study
•  At least 8+ years of experience in finance/accounting with 5+ 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
• 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.

Base Salary: $140,610-253,080

Base salary compensation will be determined based on factors such as geographic location, skills, education, experience for this role, and/or internal equity of our current employees as part of any final offer. This position is also eligible to participate in McCormick’s Incentive Bonus (MIB) Plan/ McCormick’s Sales Incentive Bonus (SIB) Plan/ McCormick’s Dividend Program. In addition to a competitive compensation package, permanent employees of McCormick are eligible for our extensive Total Rewards programs that include:

- Comprehensive health plans covering medical, vision, dental, life and disability benefits
- Family-friendly benefits such as paid parental leave, fertility benefits, Employee Assistance Program, and caregiver support
- Retirement and investment programs including 401(k) and profit-sharing plans

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. 

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