Manager, Portfolio Execution

Job Description

At Solventum, we improve lives by helping healthcare professionals do their best work. Join a team using innovation and insight to make a real impact on the future of healthcare. All roles listed are with Solventum, and we're committed to protecting your personal information-learn more in our Privacy Policy:

3M Health Care is now Solventum

At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers' toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.

We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.

Position Summary

The Manager of Portfolio Execution will facilitate the planning and execution of acquisitions and divestitures. As part of the Strategy & Corporate Development organization, this role is critical to ensuring seamless integration / separation planning and execution across the business and all functional teams. As member of the central IMO or SMO, this role will support alignment, governance, and operational excellence to achieve transaction milestones and value creation.

Responsibilities will include the following:

• Coordinate integration and separation activities across functional teams with a focus on value creation and business continuity
• Support the development and maintenance of detailed integration and separation plans, timelines, milestones and deliverables
• Support the planning, execution and monitoring of integrations, ensuring acquisitions achieve deal model metrics and key milestones
• Track progress against key milestones and identify risks, dependencies, and issues requiring resolution or escalation
• Support governance processes, including steering committees and functional and workstream leadership
• Be a strong carrier of the Solventum brand and values in engagement with deal partners

Cross-Functional Collaboration

• Establish a strong working relationship with the business (Sales, Marketing, R&D etc.) and functions (Finance, Global Supply Chain, Regulatory, Quality, HR, IT, etc.) to:
  • Create a clear plan for execution (integration / separation master tracker)
  • Identify and track interdependencies, key risks, roadblocks, or lacking alignment early and provide visibility to leadership
  • Help drive accountability for milestone achievement
• Provide tools, templates, and thought leadership to facilitate effective processes

Communication

• Excel at verbal and written communication with program stakeholders at peer level and above
• Support development of clear communication of integration / separation planning, jointly with Communications and other functions
• Facilitate and prepare information sharing between functional teams and with executive leadership
• Assist in preparation of materials for governance reviews, steering committees, and executive updates

Performance Tracking

• Track and monitor KPIs and milestones for integration success
• Support quarterly report creation for Executive Leadership Team on progress toward goals and mitigation plans when off track
• Contribute to integration post-mortems and incorporate lessons learned into playbook and processes

Divestitures and Separations

• Support separation planning and execution, aiming to ensure business continuity and achieving set separation targets (revenue growth, cost synergies, retention / hiring, operational…