Corporate Development Manager

Corporate Development Manager

Expedia is seeking to hire a Corporate Development Manager. The Corporate Development & Strategy team leads the charge to identify areas to invest, acquire or divest in order to drive profitable, sustainable growth.

The Corporate Development & Strategy group is responsible for (1) leading Expedia's investment and acquisition activity globally; and (2) driving strategic initiatives across Expedia Group and its portfolio of industry-leading brands. This role reports to the Vice President of Corporate Development & Strategy and will work closely with a broad range of internal stakeholders, including Expedia’s most senior leaders

Expedia Corporate Development Overview:

o High deal volume: The team has executed numerous transactions in recent years including minority investments, majority investments, full acquisitions and divestitures.

o Impactful strategy projects: In a typical year, the team will tackle 3-4 major strategy projects that range from assessing industry trends and their impact on our businesses to recommending and implementing cross-business unit transformations.

o Small team: The team consists of professionals with strong and diverse backgrounds (e.g. former investment bankers, private equity professionals, and consultants with extensive M&A and strategy experience).

o Frequent exposure to senior leadership: The group works closely with the leadership team of Expedia including our CEO, CFO and Chairman.

o Emphasis on career development: Corporate Development is a pipeline for some of the most senior positions in the company. Previous Corporate Development colleagues have gone on to become business unit GMs, business unit CFOs, head of corporate finance, CFO and CEO.

What you'll do:

• Develop detailed financial models and valuation scenarios for potential transactions

• Manage deal processes for potential transactions, in coordination with senior members of Corp Dev, including:

  • Lead business, company, and industry diligence analyses of target companies

  • Coordinate internal functional experts and outside advisors, sometimes numbering more than 200 members, in functional diligence of target companies and transaction structuring

  • Review legal documentation including to ensure protection for issues / risks identified in business and functional diligence

• Produce investment recommendation materials for review by Expedia’s board and senior corporate executives

• Identify and play a key role in operationalizing key medium- and long-term strategic initiatives to improve Expedia’s operational performance and competitive positioning, while working with senior executives across the organization

• Work with the CEO, CFO, SVP/VP of Corporate Development, and senior team members to develop Expedia Group’s annual strategic plan

• Assess business unit strategic plans and develop a corporate view on portfolio-wide gaps and opportunities

• Work with the SVP/VP of Corporate Development and senior members of the team to produce materials for board meetings and to answer other key questions posed by the CEO

Who you are:

• Outstanding performer with a demonstrated record of 3+ years of achievement at a top tier investment bank, strategy consulting firm, private equity firm or active M&A corporate development group

• Bachelor's or Master's degree in a related field; or equivalent related professional experience

• Excellent written and verbal communications skills and experience communicating complex information

• Proven track record of defining and executing thoughtful analyses in an ambiguous environment with minimal supervision

• Expert level knowledge of Microsoft Excel and PowerPoint; demonstrated experience in modeling, analysis, research, and presentation creation

• Demonstrated experience working in a team environment

Seattle: The total cash range for this position is $104,000 to $145,500. Employees in this role have the potential to increase their pay up to $166,500, which is the top of the range, based on ongoing, demonstrated, and sustained performance in the role.

Starting pay for this role will vary based on multiple factors, including location, available budget, and an individual’s knowledge, skills, and experience. Pay ranges may be modified in the future.

Expedia Group is proud to offer a wide range of benefits to support employees and their families, including medical/dental/vision, paid time off, and an Employee Assistance Program. To fuel each employee’s passion for travel, we offer a wellness & travel reimbursement, travel discounts, and an International Airlines Travel Agent (IATAN) membership. View our full list of benefits.

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The total cash range for this position in Seattle is $104,000.00 to $145,500.00. Employees in this role have the potential to increase their pay up to $166,500.00, which is the top of the range, based on ongoing, demonstrated, and sustained performance in the role.

Starting pay for this role will vary based on multiple factors, including location, available budget, and an individual’s knowledge, skills, and experience. Pay ranges may be modified in the future.

Expedia Group is proud to offer a wide range of benefits to support employees and their families, including medical/dental/vision, paid time off, and an Employee Assistance Program. To fuel each employee’s passion for travel, we offer a wellness & travel reimbursement, travel discounts, and an International Airlines Travel Agent (IATAN) membership.View our full list of benefits.

Expedia is committed to creating an inclusive work environment with a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. This employer participates in E-Verify. The employer will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS) with information from each new employee's I-9 to confirm work authorization.