Senior Vice President Corporate Development & Strategy
Us
Led global strategy planning and deployment, M&A, and capital allocation initiatives. Drove growth of the company by creating, assessing, and managing strategic business opportunities including acquisitions, mergers, partnerships, and major capital projects. Set M&A strategy, including product line additions, new platforms, and portfolio divestitures. Architected in-house corporate development capacity, including modeling, proprietary deal flow, investment bank network, and integration process and team. • Executed deal negotiations and structuring of transactions.• Integrated acquired entities and successfully executed acquisition case and synergies. • Collaborated with CEO to form Astec Digital platform by acquiring and integrating two technology companies, hiring CTO, and integrating technologies across the company’s Rock to Road™ product platform.Partnered with CEO to build and drive transformation strategy inclusive of new vision, business model, and growth initiatives with three pillars “Simplify, Focus, and Grow.” Architected global strategic plan process.• Professionalized board communications and engagement on strategic roadmap. Established a performance-based culture instilling accountability through tracking, reporting, and creating a regular cadence of progress communications to board.• Aligned organization on sustainable value creation through strategy framework centered on economic profit and value maximization with effective capital allocation. • Worked with leadership to evaluate and rationalize product line through economic profit framework while providing rigor to evaluating new products and investments under the Rock to Road™ value chain. Drove development of company’s capital allocation plan, including share repurchase plan, dividend strategy, and credit facilities to support growth and acquisitions. Managed investor relations, communications, and administration team. Managed and guided 60-person global IT team.