Ideal candidate will be based in the Greater Columbus area (with the ability to work a hybrid schedule).

What Corporate Development Management contributes to Cardinal Health
The Corporate Development team is responsible for providing leadership, direction and expertise to execute Cardinal Health’s growth and business strategies through mergers, acquisitions, divestitures, joint ventures and other strategic transactions. The team also has responsibility for managing Cardinal Health’s corporate venture capital portfolio, relationships with venture capital funds and startup companies, as well as maintaining a pipeline for potential minority investments and future M&A opportunities.

The Manager will be a key member of the Corporate Development team, focusing on M&A deal execution. This includes working extensively with external stakeholders and internal cross-functional teams, while supporting business and executive leadership in deal evaluation, execution and venture portfolio strategy. As part of a highly visible and impactful team, the Manager will have demonstrated experience flourishing in rapidly evolving environments and possess exceptional analytical and relationship building skills.

Responsibilities

Support acquisition and divestiture due diligence process, valuation analysis, pre-closing integration / separation planning and closing processes:

Deal Strategy: Work with business, finance, and strategy teams to develop a business case for each acquisition, including detailed assessment of the competitive marketplace and quantitative support for annual operating plan and investment requirementsFinancial Analysis: Create detailed financial models and valuation analyses to assess the financial impact of potential transactions. Evaluate the financial feasibility and return on investment of each M&A opportunityDeal Structuring: Collaborate with Legal, Tax, Accounting and Business strategy teams to structure transactionsDeal Approval: Support communications with Corporate CEO, CFO, Segment CEOs and CFOs, Chief Accounting Officer, Treasurer, Business Unit GMs and other members of Cardinal Health leadership. Facilitate Corporate approval process for all dealsDue Diligence: Identify critical due diligence items that will impact modeling assumptions and inform integration planningFinancial Due Diligence: Manage planning and execution of financial diligence projects related to acquisitions and divestiture in line with the overall strategy of the companyIntegration Planning: Collaborate with Integration team and cross-functional teams to ensure a level and timing of integration consistent with business needs, budget and transaction modelSeparation Planning: Support the development of the separation plans for divestitures and the development and implementation of transition services agreementsCompliance and Governance: Ensure compliance with all legal, regulatory and Cardinal Health requirements throughout the M&A process. Maintain the highest standards of governance and confidentiality

Emerging Ventures opportunity evaluation and investment portfolio management:

Industry and Market Insights: Stay updated on industry trends, competitor activities and potential disruptors. Build and maintain a network with startups and venture capital funds to understand emerging trends and their relevance for Cardinal Health as well as identify new build/buy/partner/invest opportunitiesExternal Engagement: Work with portfolio companies and venture funds as a key liaison, including attendance at regular business updates and annual meetings, evaluation of financial budget/forecasts, and help navigating investment decision and transactionsPortfolio Management: Monitor and manage Cardinal Health’s corporate venture capital portfolio and facilitate approvals (e.g., capital calls). Track key performance metrics and report progress to senior leadersDeal Sourcing: Identify, evaluate and prioritize strategic investment opportunities, venture capital fund and innovation partners. Work closely with relevant stakeholders to identify areas of strategic interest for potential investmentDue Diligence: Conduct due diligence activities on prospective investments, assessing market potential, financial viability, competitive landscape and alignment with Cardinal Health’s strategic priorities. Present findings and recommendations to Cardinal Health leaders

Qualifications

Bachelor's degree in related field, or equivalent work experience, preferred 4+ years experience in corporate development, investment banking, private equity, venture capital, strategy, finance, or accounting, preferredStrong financial analysis, modeling, and valuation skills with proficiency in analyzing complex financial dataStrategic mindset with the ability to identify and assess new business opportunitiesStrong leadership skills, project management, and problem-solving capabilitiesDemonstrated ability to collaborate effectively with cross-functional teams at all levels of the organizationExcellent written and verbal communication skills for effective interaction with internal teams and external partners

What is expected of you and others at this level

Applies advanced knowledge and understanding of concepts, principles, and technical capabilities to manage a wide variety of projectsParticipates in the development of policies and procedures to achieve specific goalsRecommends new practices, processes, metrics, or modelsWorks on or may lead complex projects of large scopeProvides solutions which may set precedentIndependently determines method for completion of new projectsReceives guidance on overall project objectivesActs as a mentor to less experienced colleagues

Anticipated salary range: $123,400-$176,300

Bonus eligible: Yes

Benefits: Cardinal Health offers a wide variety of benefits and programs to support health and well-being.

Medical, dental and vision coveragePaid time off planHealth savings account (HSA)401k savings planAccess to wages before pay day with myFlexPayFlexible spending accounts (FSAs)Short- and long-term disability coverageWork-Life resourcesPaid parental leaveHealthy lifestyle programs

Application window anticipated to close: 10/30/2025 *if interested in opportunity, please submit application as soon as possible.

The salary range listed is an estimate. Pay at Cardinal Health is determined by multiple factors including, but not limited to, a candidate’s geographical location, relevant education, experience and skills and an evaluation of internal pay equity.

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Candidates who are back-to-work, people with disabilities, without a college degree, and Veterans are encouraged to apply.

Cardinal Health supports an inclusive workplace that values diversity of thought, experience and background. We celebrate the power of our differences to create better solutions for our customers by ensuring employees can be their authentic selves each day. Cardinal Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, sex, sexual orientation, gender identity/expression, pregnancy, veteran status, marital status, creed, status with regard to public assistance, genetic status or any other status protected by federal, state or local law.

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