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Manager, Corporate Development

Job Requisition ID:  44114

Location:  Kingsport (TN)

 

Eastman’s current hiring policy encourages and prefers new hires be fully vaccinated before reporting to work in this role when possible. 

 

Eastman Chemical Company ("Eastman" or the "Company") is a global specialty materials company that produces a broad range of products found in items people use every day. With a robust portfolio of specialty businesses, Eastman aims to enhances the quality of life in a material way by delivering innovative products and solutions to our customers and maintaining a strong commitment to safety and sustainability.

 

Eastman leverages world class technology platforms to drive advancements in key growth areas such as molecular recycling technologies, thermoplastic conversion, functional films, coatings formulations, care additives, textiles and nonwovens, and animal nutrition. Founded in 1920, Eastman became an independent public company in 1993 (NYSE:EMN). 

 

Today, Eastman is a Fortune 500 company with 2021 revenues of $10.5 billion, approximately 14,000 employees, and over 40 manufacturing facilities across the globe serving customers in over 100 countries. Through science and technology, Eastman will proactively address the triple challenge of Climate, Circularity, and Caring for Society. 

 

 

Role  Description

 

The Corporate Development Manager will be an integral member of a dedicated team of mergers and acquisitions (M&A) professionals at Eastman Chemical, a leading global specialty materials company.  Key responsibilities include shaping the corporate portfolio strategy, developing actionable M&A pipeline, and executing transactions from idea generation phase through signing, closing and integration. 

 

The Corporate Development Manager will play a critical role in performing strategic and financial analysis of merger, acquisition, divestiture, and joint venture opportunities for Eastman and developing insights, perspectives and recommendations necessary to inform strategic decision-making by senior management and the Board of Directors. 

 

This individual will also be a core member of deal teams executing transactions in Eastman’s robust and active M&A pipeline, supporting all aspects of deal execution including project management, due diligence, valuation, structuring and negotiating agreements, as well as partnering cross-functionally with business management and functional departments to ensure successful outcomes.

 

This is a highly visible role within Eastman with significant exposure to senior management and business leadership, as well as a broad spectrum of functional areas.  Excellent opportunities for curious, motivated individuals to understand how large companies operate and how to leverage the scale and resources to deliver results.  Corporate Development Managers who demonstrate high-performance have meaningful opportunities for

Key Responsibilities

 

  • Lead global, cross-functional deal teams executing M&A transactions 
  • Work directly with internal and external stakeholders, as a representative of Corporate Development and Eastman, to develop and cultivate a robust pipeline of attractive M&A opportunities for Eastman 
  • Develop insights, analyses, and recommendations, captured in high-quality materials, and present them to senior management and business leadership to drive internal alignment and executive decisions
  • Oversee the comprehensive M&A modeling, valuation, and financial analysis required to inform strategic choices
  • Understand Eastman’s strategic landscape and capital markets environment, including developing a strong external network to  
  • Working collaboratively across the global Eastman organization to drive successful results

Candidate Profile

 

The ideal candidate would possess most of the following capabilities and qualities, but above all must have a positive attitude and a strong desire to learn and grow.
 

  • Knowledge, understanding, and ability to lead teams through all aspects M&A transactions, including business development, due diligence, strategic/financial analysis, and deal negotiation/execution
    • Strategic rationale and logic underlying portfolio choices and investment decisions
    • Deal process, due diligence, transaction structures and mechanics
    • Understand legal and regulatory concepts governing M&A transactions
  • Strong project management skills, including the ability to bring together large, cross-functional, global teams to drive alignment and action to drive strategic choices and deliver successful results.  Experience and effectiveness working within large, matrixed global organizations is important
  • Ability to perform and oversee robust M&A modeling, valuation and financial analyses, and coach, guide, and direct others on the analytical and technical aspects of M&A analysis
    • Examples include merger models with three-statement pro forma financials, shareholder value creation analysis, sum-of-the parts, DCF, LBO, IRR, ROIC analyses, and comparable trading/transactions analysis 
  • Envision and develop high-quality presentation materials for senior management and external stakeholders, working both independently and collaboratively within a team. Take ownership of developing strategic content and creatively design both substance and form of work product
  • Exceptional interpersonal skills and successful work habits 
    • High attention to detail, resourceful, well-organized, and good time management 
    • Positive attitude, welcomes feedback, seeks to understand, adapts rapidly to dynamic environment while helping team stay balanced and focused
    • Earn trust and confidence of internal and external stakeholders, including Eastman business and functional leaders, M&A deal counterparties, and external advisors  

Education and Experience

 

  • 5+ years of experience in corporate development, investment banking, private equity, or related fields
  • Bachelor’s degree from an accredited college or university required
  • Financial accounting and corporate finance coursework required, either through formal education or job training program
     

 

Eastman is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other characteristics protected by law. Eastman is committed to creating a powerfully diverse workforce and a broadly inclusive workplace, where everyone can contribute to their fullest potential each day.


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Nearest Secondary Market: Knoxville

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