Overview
The VP of Integration is a critical role designed to support our efforts and drive timely integration of newly acquired health systems, joint ventures, or any acquired technology or intellectual property into Novant Health. This role requires a comprehensive understanding of the entire transaction lifecycle with an emphasis on delivering pre-integration, close management, and post-close integration activities. Additionally, the VP of Integration will also participate in all due diligence activities and serve as a core resource to the deal team if needed to ensure identified risks are appropriately managed while integrating the acquired assets. The VP of Integration must have the ability to take charge and “own” an entire transaction with core responsibilities including: navigating complex purchase documents, developing and validating synergy/dis-synergy plans, establishing guiding principles with the SVP of integration, standing-up governance platforms to meet the objectives of each transaction, development of internal cross-functional playbooks, managing cross-functional dependencies, and overall responsibility of delivering M&A as outlined by the deal team. Additionally, the VP of Integration will be responsible for overall team development both within the integration group and functional areas as needed.
This role will be instrumental in ensuring a smooth integration of the acquired entities, and aligning them with our existing departments, processes, systems, and overall deal thesis. The VP of Integration will directly report to the SVP, Chief Integration Officer and have significant influence in establishing the overall team structure, deal territories, hiring requirements, and any other operational requirements to support M&A integration activities. The role will require travel as necessary to support M&A activity across the Southeastern United States but will require a mix of remote and in-person meetings as necessary plus industry conference attendance as required.
Education
Qualifications
Education Level Required/Preferred Description
Bachelor’s Degree Required
Graduate Degree Required Related field MBA or related business field
Experience
Years of Experience Required/Preferred Description
Minimum 10 years required M&A, Big 4 consulting, investment banking, due diligence, or integration management
Responsibilities
Minimum of 10 years of professional experience
Essential Functions
- Leadership Support:
- Support SVP with strategic planning, tracking progress on goals, and preparation of leadership meetings pertaining to the strategic direction of the group
- Design and development of deal governance, coordination, and execution of integration initiatives.
- Development of frameworks with a focus on people, processes, and systems
- Buildout of core integration materials including, but not limited to functional playbooks, synergy models, RAID (risk, action, issue, decision) logs, and overall team structures
- Development of an overall integration platform designed to “simplify” complex transactions with a focus on accelerating integration activities and transition to business as usual (BAU)
- Operational Excellence and Technological Integration :
- Selection and implementation of any integration tools to be deployed or leveraged throughout the organization.
- Drive execution and cross-functional collaboration across all teams while working with functional leaders to deliver the integration as outlined by the deal thesis.
- Establish, manage, and track robust deal metrics to monitor and enhance integration outcomes.
- Cross-Functional Collaboration and Communication :
- Develop collaborative relationships with executive leadership and department heads to drive results and build-out of capabilities.
- Create and execute transparent, organization-wide communication to keep all stakeholders informed and engaged in the integration process.
- Partner with HR to manage and support cultural integration and employee transitions, ensuring minimal disruption and high engagement.
- Build-out of internal playbooks, frameworks, processes, and systems across all core integration functions to ensure proper dependency management and alignment to integration objectives
- Leadership and Team Development :
- Support a high-performing integration team, cultivating a culture of collaboration, innovation, and excellence.
- Mentor and develop team members, empowering them with the skills and knowledge necessary for successful integration efforts.
- Represent the integration function in integration management office meetings, influencing decision making, functional execution, and exhibiting behaviors aligned to the overall integration strategy.
- Management of all teams members within the integration team being the sole point of contact for the SVP of integration
Additional Skills/Requirements (required)
Proven track record of leading and executing complex integration projects with a focus on:
- Interfacing with executives to influence strategic decisions and present findings.
- Standing up and supporting the Integration Management Office (IMO) to achieve integration objectives by operationalizing the transaction
- Setting, leading, and delivering integration and divestiture engagement objectives by defining the scope, plan, and budget across all core functions.
- Developing work plans for components of engagements, coordinate activities between work streams and identify changes in scope.
- Managing cross-functional teams to deliver M&A engagements across all of phases of the M&A lifecycle including due-diligence, pre-close, and post-merger integration.
- Mobilizing and managing multiple engagement teams / workstreams.
- Providing insight on how to operationalize major restructuring/cost transformation activities to achieve/exceed deal value, synergy targets, or strategic cost takeout objectives.
- Coordinating with deal teams to establish integration budget baselines while managing internal and external spend within each functional team.
- Partnering with integration team members and senior executives to define how they employ M&A – in alignment with their corporate strategy – to drive profitable growth and enable them to compete effectively
- Coordinating with internal and external communications, culture, and change management teams to support integration efforts while minimizing critical attrition.
- Developing internal frameworks, processes, and policies to support staff development.
- Ability to work independently and manage multiple task assignments.
- Selection and management of any third-party vendors leverages to augment internal Novant teams.
Additional Skills/Requirements (preferred)
- Understanding of healthcare systems, operations, and regulatory environments
- Working knowledge of investment banking, corporate development activities, deal sourcing and targeting
- Experience in “pressure testing” synergies with an eye towards execution and pull through in the form of customers, markets, revenue, and margins.
- Strong oral and written skills, including presentation skills and executive presence.
- Strong problem solving and troubleshooting skills with the ability to exercise mature judgment.
- Comfortable speaking and attending Healthcare related conferences, as well as network development with other health systems, investment bankers, or other third-party advisors.
