Senior Director of Executive Compensation and HR Due Diligence

Solventum; Maplewood (MN); Remote; USD 222,000 - 272,000; Full time

Job summary

This innovative firm is seeking a Senior Director of Executive Compensation and HR Due Diligence to lead strategic initiatives in executive compensation and oversee HR due diligence for corporate transactions. In this pivotal role, you will collaborate with senior leadership to design competitive compensation packages and ensure compliance with regulatory requirements. You will also lead a talented team, driving impactful analyses and projects that support organizational goals. If you have a passion for strategic HR leadership and a proven track record in executive compensation, this opportunity is perfect for you.

Benefits

Health and Wellness Programs

Flexible Work Hours

Professional Development Opportunities

Qualifications

• 12+ years in executive compensation and HR due diligence required.
• Experience with Board of Directors and Compensation Committees is essential.

Responsibilities

• Lead executive compensation program development and HR due diligence for transactions.
• Manage a high-performing team and collaborate with key stakeholders.

Skills

Executive Compensation Design

HR Due Diligence

M&A Experience

Analytical Skills

Communication Skills

Leadership

Cross-Functional Collaboration

Attention to Detail

Education

Bachelor’s Degree

Certified Compensation Professional (CCP)

Senior Professional in Human Resources (SPHR)

Job description

Senior Director of Executive Compensation and HR Due Diligence

Apply remote type Remote locations US, Minnesota, Maplewood Remote-United States time type Full time posted on Posted 3 Days Ago job requisition id R01118310

Thank you for your interest in working for our Company. Recruiting the right talent is crucial to our goals. On April 1, 2024, 3M Healthcare underwent a corporate spin-off leading to the creation of a new company named Solventum. We are still in the process of updating our Careers Page and applicant documents, which currently have 3M branding. Please bear with us.

Job Description:

Senior Director, Executive Compensation & HR Due Diligence

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.

The Impact You’ll Make in this Role:

The Senior Director of Executive Compensation and HR Due Diligence is a highly strategic role within the HR function, responsible for supporting the development, implementation, and management of executive compensation programs as well as leading HR due diligence efforts for mergers, acquisitions, and other corporate transactions. This individual will partner with senior leadership, including the executive team, finance, legal, and other key stakeholders, to ensure competitive, equitable, and performance-driven compensation packages for executives, while safeguarding the organization during critical business transactions.

As a(n) Senior Director, Executive Compensation & HR Due Diligence, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact by:

• Lead Talent Committee support analyses and projects
• Support Annual Incentive Plan/Long-Term Incentive Program design and associated project work
• Lead annual shareholder proxy/CD&A activity managing executive compensation team and in collaboration with legal team
• Lead HR M&A Total Rewards strategy and due diligence execution

Executive Compensation:

• Strategic Leadership: Lead the development, execution, and continuous improvement of executive compensation programs (including base salary, annual bonuses, long-term incentives, and equity-based awards) to ensure alignment with business goals, industry best practices, and shareholder interests.
• Benchmarking & Market Intelligence: Oversee compensation benchmarking and market analysis to ensure competitive compensation practices that attract, retain, and motivate top executive talent.
• Governance & Compliance: Ensure executive compensation programs are compliant with all relevant regulatory requirements.
• Compensation Communication: Partner with senior leadership and other key stakeholders to clearly communicate executive compensation strategy.
• Incentive Design: Design and implement performance-based incentive programs that align executive compensation with the company’s long-term goals.
• Advisory Role: Support the Senior Vice President, Total Rewards on Talent Committee analyses and materials.

HR Due Diligence:

• Transaction Support: Lead HR due diligence for mergers, acquisitions, joint ventures, and other corporate transactions.
• Risk Identification & Mitigation: Identify and assess potential risks related to compensation, benefits, and HR policies during due diligence.
• Integration Planning: Work closely with HR business partners and cross-functional teams to design and implement post-transaction integration plans.
• Data Analysis & Reporting: Collect, analyze, and interpret compensation and HR data during the due diligence process.
• Cultural Assessment: Evaluate organizational and leadership structures in target companies.

Leadership & Team Development:

• Team Management: Lead, mentor, and develop a high-performing team responsible for the executive compensation and HR due diligence functions.
• Cross-functional Collaboration: Partner with key internal stakeholders.
• Stakeholder Management: Build strong relationships with key stakeholders across the organization.

Your Skills and Expertise

• Bachelor’s Degree or higher AND 12 years of executive compensation, HR due diligence, and/or total rewards experience.

In addition to the above requirements:

• Significant experience in M&A HR due diligence.
• Expertise in executive compensation design and governance.
• Experience working with Board of Directors and Compensation Committees.

Additional qualifications that could help you succeed even further in this role include:

• Strategic Vision
• Analytical Skills
• Communication & Influence
• Cross-Functional Collaboration
• Attention to Detail
• Leadership
• Executive compensation consulting experience
• Certified Compensation Professional (CCP) designation.
• Senior Professional in Human Resources (SPHR) or similar HR certification.

Work location: Remote – United States

Travel: May include up to 10% domestic

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being

Solventum offers many programs to help you live your best life – both physically and financially.

Applicable to US Applicants Only: The expected compensation range for this position is $222,044 - $271,387.

Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process.

Solventum is an equal opportunity employer.