Requirements: English
Company: ITT Inc.
Region: Barge , Piedmont
About ITT:
ITT is an industrial manufacturer of critical, engineered components that serve fast-growing end markets in transportation, flow, energy, aerospace, and defense. The companys 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.
Position Summary
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. This individual will work closely with the value center, corporate functions, and MTs 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.
Essential Responsibilities
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 opportunities, carry out the required analyses and assessments, and lead projects to implementation.
- Work to advance strategic initiatives.
- Drive MT annual strategic planning process.
Market Intelligence
- Monitor peer/competitor activities and benchmark ITT performance.
- Carry out specific market sizing/market share assessments.
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 startups (open innovation).
M&A
- Support the development and execution of selective M&A opportunities for MT.
- Develop a M&A pipeline for each business as applicable.
- Execute M&A projects in close collaboration with the corporate development team, including coordinating cross-functional teams throughout the process.
People Management
- Act as a mentor and actively develop more junior team members in the global strategy team.
Position Requirements
What will make you our perfect match?
Qualified candidates will be:
- Passionate problem solvers 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 thinkers with strong intellectual curiosity.
- Results-oriented with a sense of urgency.
- Quick studies, able to handle complex matters, with multiple initiatives going on simultaneously.
- Change agents. 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 perspectives.
- 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 while handling 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 initiatives 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 enviro