Strategy & Business Development Executive Director

ITT is an industrial manufacturer of critical, engineered components that serve fast-growing end markets in transportation, flow, energy, aerospace and defense. The company’s differentiation is sustained through a combination of several factors: execution, the quality of its leadership and our DNA as an engineering leader. We have a clear purpose as an organization: to provide our customers with cutting-edge solutions to help solve their most critical needs.

 The company generated 2023 revenues of $3.3 billion and is comprised of three distinct segments: 

• Motion Technologies ($1.5B revenue) is a global leader in brake pads, shock absorbers and sealing solutions for the automotive and rail markets
• Industrial Process ($1.1B revenue) is a global leader in centrifugal and twin-screw pumps for the chemical, energy, mining and industrial markets
• Connect & Control Technologies ($0.7B) is a niche player in harsh environment connectors and control components in critical applications for the aerospace, defense and industrial markets.

 ITT is headquartered in Stamford, Connecticut with over 10,000 employees in more than 35 countries and sales in approximately 125 countries.

What is your role?

The Strategy and Corporate Development Executive Director, is a key member of the Motion Technologies leadership team as well as the global strategy team. She/he will also be a critical growth enabler for ITT. This individual will work closely with the value center, corporate functions and MT’s leadership team to define MT strategy and drive MT growth initiatives, covering both organic and inorganic growth. The position offers the unique opportunity to participate in high-level strategic decision-making and to shape the future of MT. The role will report to the SVP, Strategy and Corporate Development and to the MT President.

Your day in the life in ITT as a Strategy and Corporate Development Executive Director 

Strategy and Business Development

• Partnering with the MT leaders in developing, maintaining and executing the business strategy
• Identify organic growth opportunity, carry out the required analyses and assessment and lead project to implementation
• Working to advancing strategic initiatives
• Driving MT annual strategic planning process

Market Intelligence

• Monitoring peer/competitor activities and benchmarking ITT performance
• Carry out specific market sizing / market share assessment

Corporate Venture Capital

• Support the central Corporate Venturing team in identifying opportunities to partner and support the growth of MT through collaboration and possibly investments in start ups (open innovation)

M&A

• Supporting the development and execution of selective M&A opportunities for MT
• Developing a M&A pipeline for each business as applicable
• Executing M&A projects in close collaboration with the corporate development team, including coordinating cross functional teams throughout the process.

People Management:

• Acting as mentor and actively develop more junior team members in the global strategy team.

What will make you our perfect match?

Qualified candidates will be:

• Passionate problem solver with a positive, can-do attitude
• Highly collaborative and able to develop a strong network within the company, becoming a trusted advisor to senior business leaders.
• Strategic thinking and strong intellectual curiosity
• Results orientated with sense of urgency.
• Quick study, able to handle complex matters, with multiple initiatives going on simultaneously.
• Change agent. Comfortable designing for the future and challenging the status quo.
• Exceptional financial and analytical skills. Ensures all strategic business decisions are informed by thorough analysis and external perspective.
• Strong communication (written/verbal) skills to work with senior executives across various geographies, including logically structuring and delivering presentations.
• Strong influencing skills, ability to work as part of a team and work with different stakeholders and handle multiple tasks under tight deadlines
• MBA required
• A minimum of 10 years’ related experience with direct expertise in Strategy, Marketing or Business Development preferred
• Hands on experience in implementing strategic initiative from inception/idea generation to execution
• Industry background is open, with a preference for candidates with prior Automotive, Rail, Defense and Industrial exposure.
• Experience in a fast paced, lean, global corporate environment.
• Available to commute to Barge (CN), Italy 

What are you waiting for….Just apply!

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