Manager, Portfolio Execution

Solventum is a new healthcare company with a long legacy of solving big challenges that improve lives and help healthcare professionals perform at their best. At Solventum, people are at the heart of every innovation we pursue. Guided by empathy, insight, and clinical intelligence, we collaborate with the best minds in healthcare to address our customers’ toughest challenges.

About the role

The Manager of Portfolio Execution will facilitate the planning and execution of acquisitions and divestitures. As part of the Strategy & Corporate Development organization, this role is critical to ensuring seamless integration/separation planning and execution across the business and all functional teams. As a member of the central IMO or SMO, this role will support alignment, governance, and operational excellence to achieve transaction milestones and value creation.

Responsibilities

• Acquisition Integration Planning & Execution
  • Coordinate integration and separation activities across functional teams with a focus on value creation and business continuity
  • Support the development and maintenance of detailed integration and separation plans, timelines, milestones, and deliverables
  • Support the planning, execution, and monitoring of integrations, ensuring acquisitions achieve deal model metrics and key milestones
  • Track progress against key milestones and identify risks, dependencies, and issues requiring resolution or escalation
  • Support governance processes, including steering committees and functional and workstream leadership
  • Be a strong carrier of the Solventum brand and values in engagement with deal partners
• Cross-Functional Collaboration
  • Establish a strong working relationship with the business (Sales, Marketing, R&D, etc.) and functions (Finance, Global Supply Chain, Regulatory, Quality, HR, IT, etc.) to:
    • Create a clear plan for execution (integration/separation master tracker)
    • Identify and track interdependencies, key risks, roadblocks, or lacking alignment early and provide visibility to leadership
    • Help drive accountability for milestone achievement
    • Provide tools, templates, and thought leadership to facilitate effective processes
• Communication
  • Excel at verbal and written communication with program stakeholders at peer level and above
  • Support development of clear communication of integration/separation planning, jointly with Communications and other functions
  • Facilitate and prepare information sharing between functional teams and with executive leadership
  • Assist in preparation of materials for governance reviews, steering committees, and executive updates
• Performance Tracking
  • Track and monitor KPIs and milestones for integration success
  • Support quarterly report creation for Executive Leadership Team on progress toward goals and mitigation plans when off track
  • Contribute to integration post-mortems and incorporate lessons learned into playbook and processes
• Divestitures and Separations
  • Support separation planning and execution, aiming to ensure business continuity and achieving set separation targets (revenue growth, cost synergies, retention/hiring, operational integration objectives e.g., systems onboarding, etc.)
  • Help coordinate Transitional Service Agreements (TSAs) and manage the exit process and timelines, in close collaboration with the TMO
• Other Corp Dev
  • Partner with the broader Strategy & Corp Dev Team (Business Development, Corporate Strategy) to support other inorganic growth initiatives
  • Support continued enhancement of M&A execution methodologies, tools, templates, and training materials

Requirements

• Bachelor’s Degree and 5+ years of overall professional experience in the Health Care industry or adjacent industries, in roles in Commercial Strategy, Corporate Development, or Transformations
• Proven track record supporting complex, cross-functional projects in a global environment
• Outstanding project/program management, communication, and stakeholder management skills

Qualifications

• Advanced degree (e.g., MBA or related field)
• In-depth knowledge of the M&A/Divestiture process with proficient understanding of business, financial, accounting, legal, and tax principles
• Strategic Consulting background
• Proven track record managing complex deals and investments
• Experience in healthcare, medical devices, or other regulated industries
• Knowledge of Solventum’s businesses or market spaces including wound care, infection prevention, surgical solutions, dental, or health information systems
• Ability to thrive in an action-oriented and high accountability environment
• Exceptional strategic thinking and analytical ability
• Excellent written and verbal communication skills with experience presenting to executives

Work location: Remote
Travel: 10-15% domestic and international
Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Pay

The expected compensation range for this position is $163,200 - $224,400, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience.

Benefits

This position may be eligible for a range of benefits including:

• Medical, Dental & Vision
• Health Savings Accounts
• Health Care & Dependent Care Flexible Spending Accounts
• Disability Benefits
• Life Insurance
• Voluntary Benefits
• Paid Absences
• Retirement Benefits

Additional information is available at: Solventum Total Rewards.