Director, Corporate Initiatives
About the role
The Director, Corporate Initiatives, will be part of the Corporate Initiatives Group designed to bring high talent executives into Lennox. This role will have extensive interaction with the CEO, rest of the executive team, and business group leaders on specific projects.
Responsibilities
- Support organic growth.
- Lead, analyze, project manage vital growth initiatives.
- Determine current barriers to consistent, sustained share growth.
- Identify and leverage best practices across other industries – what industries do this well and what do they do; understanding how this can translate to the HVACR industry.
- Lead strategic planning efforts.
- Closely partner with senior management to cultivate, refine, and manage strategic growth opportunities by developing processes and tools for consistent and effective strategic planning.
- Pursue potential strategic opportunities for growth and higher return on investment.
- Assess future organic and inorganic growth opportunities aligned to business segment strategies.
- Advise management of existing M&A opportunities (acquisition or divestiture) and make well researched and supported recommendations on opportunities.
- Lead management efforts to analyze identified strategic opportunities.
- Analysis and reporting on strategic opportunities to include: new vertical and/or adjacent markets, portfolio fit, business fit, synergy opportunities, management strength, growth opportunities, acquisition structure and valuation, likelihood of success in acquiring target companies, likely competitive acquirers (cost of not making the acquisition), initial acquisition return analysis, balance sheet impact, and work recommended deal structure.
- Lead deal teams for M&A due diligence, transaction, and integration.
- In the event of a M&A create and lead teams comprised of appropriate corporate staff, business segment staff, and external professionals.
- Identify and mitigate business and transaction risks in a timely and cost-effective manner.
- Ensure success of post-acquisition business plans, realize deal thesis, capture synergies, and maximize return objectives.
- Develop, evaluate, and embed business unit pricing strategies.
- Leverage corporate assets and cross functional resources to strengthen infrastructure to support pricing processes and strategy.
- Establish repeatable models and tools that can be leveraged across Lennox’s business units.
- Lead digital strategy and enablement operational initiatives.
- Identify opportunities for advanced analytics, machine learnings, and generative AI to drive step change performance improvements (e.g., customer and channel engagement, operations, etc.).
- Develop business cases and lead execution teams comprised of business unit and functional leaders and subject matter experts.
Requirements
The ideal candidate will have an appropriate blend of progressively responsible business and/or consulting experience, with a demonstrated track record of success. While the skill sets and leadership characteristics are most important to Lennox and could have been developed in a range of experiences, the successful candidates for this role have earned an MBA and had a mix of three to five years of experience in industry as well as some strategic consulting experience (two to three years).
Qualifications
An MBA is required.
Skills
- Excellent communication skills, both written and verbal.
- The ability to build relationships across the organization at all levels.
- Personal initiative, decisiveness, drive, and candor.
- Team player, comfortable operating within a dynamic and complex organizational structure.
- Articulate and skilled in presenting financial strategy, acquisition opportunities and results of detailed analysis to senior management.
- Making Complex Decisions.
- Keeping on Point.
- Getting Organized.
- Communicating Effectively.
- Managing Up.
- Managing Diverse Relationships.
- Exemplifying Lennox Values.
Benefits
- Tuition reimbursement.
- Medical, dental, and vision insurance.
- Prescription drug coverage.
- 401(k) retirement plan.
- Short-term disability insurance.
- 8 weeks paid birthing leave.
- 2 weeks paid bonding leave.
- Life and long-term disability insurance.
Pay
Subject to applicable eligibility requirements, the following benefits are offered for this role: tuition reimbursement; medical, dental, and vision insurance; prescription drug coverage; 401(k) retirement plan; short-term disability insurance; 8 weeks paid birthing leave; 2 weeks paid bonding leave; life and long-term disability insurance.
Schedule
Depending on date of hire, and subject to applicable eligibility requirements, new employees in this role also receive agreed upon paid time off, 2 paid well-being days, 1 paid volunteer day, 10 paid holidays, and 3 floating holidays per year.