Friday, January 31, 2014
Director - Business Development - Molecular Devices - Sunnyvale
Job description
Danaher is looking for a Senior Business Development professional to build out its $200M Molecular Devices business both organically and in-organically. With a strong M&A track record of over 15 deals per year, over $2.5B in annual free cash flow and a strong balance sheet, Danaher is poised to invest to win in the Life Sciences market. The Director, Business Development will report to the VP, Business Development for Molecular Devices and Beckman Coulter Life Science and will have a dotted line to the President, Molecular Devices. This position is an entry to an M&A career track at Danaher, though other career pathways may be possible as well. The position is located in Sunnyvale, California.
Key objectives:
* Serve as project leader in building out markets and target company intelligence
* Assist in doubling the size of DHR’s Molecular Devices business within 5 years through combination of above industry organic growth and strategically attractive acquisitions which can deliver strong returns on capital
* Build-out M&A funnel through strategic gap analysis and adjacent market work
* Cultivate and cultivation management
* Acquisition diligence
Desired Skills and Experience
The successful candidate will:
* Frame and master adjacent spaces through primary/proprietary market work
* Connect disaggregated technical and commercial domains to see value
* Simplify the complex to enable decision making
* Rapidly identify and communicate the business levers that define winning and losing
* Convince management decision makers of the right strategic pathways
* Partner with Danaher’s Corporate Development team to successfully execute deals
Preferred background:
* Consulting at a top tier firm or [5+] years in business strategy
* 5+ Years in business development. Specific track record of assessing/valuating markets, cultivation, M&A deals and integration.
* Substantial acquisition diligence experience a plus
* 5+ Years domain experience in life sciences measurement industry.
* Engineering, Biology or Chemistry undergraduate degree with top tier MBA
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