Global Head, Business Development, Partnerships & Inorganic Growth

Thornton Tomasetti; Lake Forest (IL); On-site; USD 149,000 - 299,000; Full time

Benefits offered by this job

Career development and international成长

Free medical coverage for employees

Excellent retirement plan with high-em

Tuition reimbursement and education扶助

Job summary

Abbott in Lake Forest, IL is seeking a Global Head of Digital Health Solutions Partnerships & Inorganic Growth. This role drives worldwide growth through strategic partnerships, channel expansion, acquisitions, investments, licensing, and ecosystem development.

The leader partners with Commercial, Product Management, R&D, Finance, Legal, and Corporate Development to grow recurring revenue and accelerate portfolio value.

Qualifications

• Requires Bachelor's degree; MBA or equivalent advanced degree preferred.
• 15+ years of progressive leadership in healthcare technology, diagnostics, digital health, software, or medical devices.

Responsibilities

• Define and execute Abbott's global growth strategy for Digital Health Solutions.
• Lead inorganic growth through acquisitions, investments, licensing, and partnerships.
• Define and lead Abbott's global digital health partnership strategy and ecosystem development.
• Own the global partnership and channel go-to-market strategy for Digital Health Solutions.
• Collaborate with cross-functional teams to ensure value realization from partnerships.

Skills

Strategic growth

M&A & corporate development

Partnership & alliance leadership

Executive stakeholder engagement

Education

Bachelor's degree

MBA or equivalent

Job description

WORKING AT ABBOTT:

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 122,000 colleagues serve people in more than 160 countries.

At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to:

Benefits

• Career development with an international company where you can grow the career you dream of
• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
• An excellent retirement savings plan with high employer contribution
• Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree
• A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune
• A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists

Abbott is a global healthcare leader delivering breakthrough diagnostics, medical devices, nutrition, and medicines that improve lives worldwide. Within Diagnostics, the AlinIQ Digital Health Solutions portfolio creates value through connected laboratory software, informatics, automation, analytics, and workflow solutions that enhance operational efficiency, clinical utility, and customer outcomes.

As Abbott accelerates its digital transformation strategy, partnerships, ecosystem development, and inorganic growth will be critical to expanding the Digital Health Solutions portfolio and establishing AlinIQ as the leading digital platform for modern laboratories and healthcare systems.

Position Summary

The Global Head, Business Development, Partnerships & Inorganic Growth is responsible for driving worldwide growth of Abbott's Digital Health Solutions portfolio through strategic partnerships, channel expansion, acquisitions, investments, licensing, and ecosystem development. This leader will define and execute the global strategy to expand recurring digital revenue, increase customer lifetime value, and accelerate portfolio growth through a combination of organic and inorganic initiatives. The role partners closely with Commercial, Product Management, R&D, Finance, Legal, and Corporate Development to identify, evaluate, acquire, integrate, and commercialize capabilities that strengthen Abbott's digital healthcare position. The ideal candidate combines deep digital health, commercial, and strategic partnership expertise with a proven track record in M&A, corporate development, ecosystem building, and growth strategy execution.

Key Responsibilities

• Strategic Growth & Portfolio Expansion
  • Develop and execute the global growth strategy for Digital Health Solutions, leveraging partnerships, channels, investments, licensing, and acquisitions.
  • Identify new revenue streams and business models that increase recurring digital revenue and customer lifetime value.
  • Build and maintain a multi-year inorganic growth roadmap aligned with Abbott's Digital Health Solutions strategy.
• Inorganic Acquisitions & Corporate Development
  • Lead identification, evaluation, prioritization, and business justification of acquisition, investment, and partnership opportunities.
  • Develop acquisition theses, market maps, target screening frameworks, and strategic assessments to strengthen the AlinIQ portfolio.
  • Partner with Corporate Development to conduct due diligence, valuation support, commercial assessments, transaction execution, and integration planning.
  • Lead commercial integration of acquired businesses, technologies, and capabilities to maximize revenue synergies and portfolio value.
  • Evaluate strategic investments, venture partnerships, licensing opportunities, OEM relationships, and technology acquisitions.
• Partnership & Ecosystem Development
  • Define and lead Abbott's global digital health partnership strategy.
  • Establish relationships with laboratory and hospital information system providers, cloud and AI vendors, automation partners, analytics companies, healthcare technology firms, and regional digital health integrators.
  • Structure and negotiate strategic alliances, co-development agreements, revenue-sharing partnerships, licensing agreements, OEM arrangements, and channel partnerships.
  • Manage partner performance, governance, and long-term value realization.
• Commercial & Go-to-Market Leadership
  • Own the global partnership and channel go-to-market strategy for Digital Health Solutions.
  • Drive co-sell, joint solution, and ecosystem commercialization models across regions.
  • Influence pricing, packaging, monetization, and lifecycle value strategies for digital offerings.
  • Support regional commercial organizations in expanding digital adoption and recurring revenue growth.
• Customer & Market Leadership
  • Engage senior healthcare executives, laboratory leaders, and health system decision-makers to understand evolving market needs.
  • Monitor competitive dynamics, emerging technologies, digital health trends, and acquisition opportunities.
  • Position Abbott as a leading innovator in laboratory informatics, workflow automation, analytics, AI-enabled diagnostics, and digital health solutions.
• Cross-Functional Leadership
  • Collaborate across Commercial, Product Management, R&D, Service, Finance, Legal, and Corporate Development teams.
  • Provide commercial and strategic input into roadmap prioritization, partnership investments, and acquisition decisions.
  • Ensure compliance with Abbott policies, quality standards, and regulatory requirements.
• Accountability & Scope Reports to the Divisional Vice President, Digital Health Solutions. Global responsibility and ownership of Digital Health Solutions commercial partnerships, and inorganic growth strategy. Leads cross-functional teams through influence in a highly matrixed global organization. Primary commercial leader responsible for partnership value creation, strategic investments, acquisition business cases, and ecosystem development.

Qualifications

• Education Bachelor's degree required. MBA, master’s degree, or equivalent advanced degree preferred.
• Experience 15+ years of progressive leadership experience in healthcare technology, diagnostics, digital health, software, medical devices, or healthcare IT.
• Demonstrated success scaling software, services, or digital businesses with significant recurring revenue responsibility.
• Proven experience leading strategic partnerships, alliances, channel programs, and ecosystem development.
• Significant experience in mergers & acquisitions, corporate development, venture investments, business development, or strategic portfolio expansion.
• Track record evaluating acquisition targets, conducting commercial diligence, building investment cases, and delivering successful integration outcomes.
• Experience identifying and executing inorganic growth opportunities that accelerate portfolio expansion and market leadership.
• Strong understanding of healthcare informatics, digital health platforms, cloud solutions, AI-enabled healthcare technologies, and laboratory workflows.
• Experience operating globally across North America, Europe, and Asia within large matrixed organizations.

Leadership Competencies

• Strategic growth and portfolio management
• M&A and corporate development expertise
• Partnership and alliance leadership
• Commercial negotiation and deal structuring
• Financial modeling, valuation, and business case development
• Digital health market expertise
• Executive stakeholder engagement
• Global influence leadership
• Innovation and ecosystem development
• Post-merger integration and value realization

The base pay for this position is $149,300.00 – $298,700.00. In specific locations, the pay range may vary from the range posted.

JOB FAMILY: Marketing Support DIVISION: CRLB Core Lab LOCATION: United States > Lake Forest : CP01 ADDITIONAL LOCATIONS: WORK SHIFT: Standard TRAVEL: Yes, 50 % of the Time MEDICAL SURVEILLANCE: Not Applicable SIGNIFICANT WORK ACTIVITIES: Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans. EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf

EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf

Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential — because better health allows people and communities to achieve more.

With a diverse, global network serving customers in more than 160 countries, we create new solutions — across the spectrum of health, around the world, for all stages of life. Whether it’s next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health.

The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of life’s greatest health challenges.

We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings.

An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.

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