Senior Manager, Corporate Development - M&A Integration

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.

Position Summary

The Senior Manager, Corporate Development — M&A Integration plays a critical role in advancing the organization’s mergers, acquisitions, divestitures, and strategic growth initiatives. This individual will support multiple transactions simultaneously and partner closely with business leaders and cross-functional teams to plan and execute due diligence, integrations, and separations.

As a key member of the M&A Integration team, the Senior Manager will develop and manage value chain analyses, entanglement assessments, stranded-cost analyses, one-time cost evaluations, service grids, and transition services agreements for acquisitions and divestitures.

The ideal candidate brings strong M&A execution experience, strategic thinking, financial acumen, stakeholder-management expertise, and the ability to deliver results in a complex, matrixed environment.

Key Responsibilities

Transaction Execution and Integration

• Support multiple acquisitions, divestitures, and strategic transactions concurrently.
• Partner with Corporate Development leadership to evaluate, plan, and execute complex transactions.
• Lead critical integration and separation planning activities to support smooth transitions and achieve transaction objectives.
• Develop and maintain transaction workplans, timelines, milestones, risk logs, and governance structures.
• Identify and escalate key risks and develop practical mitigation strategies.
• Review transaction documents and assess operational implications.
• Partner with Legal, Finance, Strategy, Operations, Technology, Human Resources, Procurement, and external advisors to define and deliver transaction requirements.
• Support executive-level discussions and communicate status, risks, recommendations, and decisions clearly.

Operational Excellence and Continuous Improvement

• In addition to transaction execution, this role will strengthen the M&A function through process improvement and capability building.
• Define and implement strategies that improve M&A processes, methodologies, tools, and governance.
• Develop resources, templates, and best practices that enhance transaction execution.
• Assess how new products, services, and capabilities may affect future integrations.
• Drive continuous improvement initiatives that strengthen the M&A function and improve transaction outcomes.

Required Qualifications

• Seven or more years of relevant experience supporting complex projects involving multiple stakeholders.
• Five or more years of experience supporting M&A, integration, separation, corporate development, strategy, finance, or related work.
• Demonstrated success managing cross-functional initiatives in a complex organizational environment.
• Strong executive communication, presentation, analytical, and problem-solving skills.
• Willingness to travel up to 10% (including by plane)

Preferred Qualifications

• Experience working in a large, highly matrixed organization.
• Experience in healthcare, insurance, financial services, or another highly regulated industry.
• Project management certification, such as PMP or Agile.
• Experience with integration management office methodologies and M&A best practices.

Education:

• Bachelor’s degree or an equivalent combination of education, specialized training, and relevant professional experience.
• Master’s degree in business administration, finance, strategy, or a related field.

Pay Range

The typical pay range for this role is:

$130,295.00 - $260,590.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls.  The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.  This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.  This position also includes an award target in the company’s equity award program.

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.

Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 11/03/2026

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.