Senior Principal, Corporate Ventures
About the role
Entegris is seeking a Senior Principal, Corporate Ventures to join our Entegris Ventures team. In this role, you will drive the venture investment process across select mid-stage (Series A/B) startups spanning fund strategy, deal sourcing, due diligence, risk assessment, partnership definition, deal execution, and portfolio management. You will focus on opportunities aligned with Entegris' materials science innovation culture, high-tech go-to-market channels, unit-driven business model, sustainability objectives, and PACE Values. You will partner broadly across the organization from the Technology Innovation and ER&D teams as well as Business Development and new semi solutions, to identify, evaluate, and manage a pipeline of investment opportunities in select Semiconductor and Electronics market verticals, as well as in path-finding innovation within new application domains.
Responsibilities
- Contribute learnings into emerging technologies and markets
- Detect disruptive technologies and business models
- Augment Entegris ER&D capability through external partnerships
- Access top talent and thought leaders
- Drive continued growth for wider Entegris, with an ambition to boost mid to long-term growth by an additional >1–2% CAGR
Collaboration & Stakeholder Alignment
- Develop and execute a consistent stakeholder engagement strategy to ensure innovation alignment with senior business leaders in support of inorganic growth opportunities and sustained organizational support
- Work in close collaboration with various teams, Corporate Development, BU Technology & Leadership, and Advanced Innovation and Technology to develop application domains, mapping of priority verticals, and startup ecosystems
Venture Sourcing
- Proactively network internally and externally to identify new investment opportunities
- Build and manage relationships across the venture capital ecosystem — including universities, innovation ecosystems, funds, VCs, and CVCs operating in targeted Semiconductor and Tech markets
- Leverage state-of-the-art innovations and technologies to curate a continual pipeline of startup opportunities
Startup Partnerships & Engagement
- Lead the definition of value-accretive partnerships for startups while ensuring value creation for Entegris BUs in existing Semiconductor markets
- Analyze ~200–300+ startups per year; conduct >50 management presentations; engage in ~15 due diligence and partnership definition processes; with an objective to partner with and invest in 2–3 startups per year per investment lead
- Prepare and present pitch decks alongside founders to the Ventures Investment Committee members
Capital Deployment & Portfolio Management
- Follow the Entegris Ventures stage-gate process to ensure appropriate allocation of investments across pre-agreed priority verticals, efficient capital deployment, and risk mitigation
- Articulate exit strategies (including IPO and acquisition pathways) and ensure a value-creation framework and tracking are in place to yield adequate portfolio returns
Communication & Reporting
- Regularly provide updates to the Ventures Investment Committee (and/or Fund Board), Entegris Executive Leadership Team, and key Division/BU stakeholders on overall portfolio health and value creation derived from investments
- Partner with Entegris Marketing & Communications to develop internal and external PR strategies that create advocacy, excitement for the portfolio, and enthusiasm for continued investment
Longer-Term Strategic Leadership
Provide strategic thought leadership in developing and maturing the Corporate Ventures organization, processes, and effectiveness — contributing not only to execution but to the evolution of Entegris Ventures as a best-in-class CVC platform.
Requirements
- Master's degree in Technology, Materials Science, or Chemical Engineering, complemented by an MBA; or Master's degree in Business, Accounting, Economics, or Strategy with strong technology curiosity and depth
- 12-15 years of work experience in the high-technology industry, business development, or finance
- 3+ years in Corporate Strategy, Investment Banking, Private Equity, or Venture Capital
Skills & Competencies
- Financial modeling and superior analytical skills
- Strong data, analytics, and technology acumen
- Bias for action with the ability to multitask and balance priorities while maintaining exceptional attention to detail
- Demonstrated entrepreneurial mindset with the ability to explore new possibilities and approach challenges from novel perspectives
- Advanced proficiency in several of the following: innovation management, systems thinking, strategic planning & organizing, relationship building, collaboration, critical thinking, and project management
- Strong strategic planning and execution skills to drive the continued evolution of a functional capability
- Exceptional written, verbal, and presentation communication skills, with the ability to deliver concise, relevant market commentary and clearly explain complex industry and corporate development concepts to key stakeholders
Benefits
- Compensation: $184,000.00 - $245,500.00 a year range with actual pay dependent on candidate overall skills for the role
- Annual bonus eligible
- Progressive paid time off policy that empowers you to take the time you need to recharge
- Generous 401(K) plan with an impressive employer match with no delayed vesting
- Excellent health, dental and vision insurance packages to fit your needs
- Education assistance to support your learning journey
- A values-driven culture with colleagues that rally around People, Accountability, Creativity and Excellence