Vice President, Mergers & Acquisitions

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Category Corporate,
Location Secaucus, New Jersey,
Job function Corporate Development,
Job family M&A & Strategy

Shift Day,
Employee type Regular Full-Time,
Work mode Hybrid

The Corporate Strategy and M&A Group is focused on driving growth across the business through acquisitions, joint ventures and partnerships. Quest Diagnostics’ strategy is to increase revenue each year by more than 2% through accretive, strategic acquisitions. Acquisition opportunities may include IDN outreach businesses, regional laboratory consolidation and businesses that will provide Quest with new capabilities.

Quest has closed significant acquisitions in the last 3 years. In 2024, Quest Diagnostics accelerated international expansion with the acquisition of Life Labs, a leading Canadian diagnostics testing service provider. In 2023 and 2024, Quest invested in Oncology and Genetics with the acquisition of Haystack Oncology and PathAI assets. Finally, Quest has continued to execute many deals with Health Systems and Independent Labs.

The Vice President, M&A will play a key role in this overall effort and will have the opportunity to lead all phases of strategic acquisitions & divestitures including market assessment and target screening, M&A target cultivation, deal structuring, due diligence, contract negotiations and deal closing while continuing to be a guide and touch point during integration. The role is not directly responsible for leading integration of acquired businesses but is expected to influence successful integration to position Quest for successful business outcomes.

This leader will play a key role in ensuring proposed deals and structure aligning with Quest Diagnostics’ business model, and risk appetite. He/she will have responsibility for coordinating with other teams as appropriate to ensure acquisition models are accurate, risks to the model are fully identified and accounted for to the maximum extent possible and that due diligence is robust. This will be accomplished by managing work streams and virtual teams on each deal and will help develop and execute negotiating strategies with investment banks and directly with the acquisition target.

The Vice President, M&A will also provide expertise to identify and review corporate opportunities aligned with the inorganic growth strategy, will communicate frequently with business leaders across Quest Diagnostics to determine strategic fit and feasibility of a deal, and will vet the structure according to financial targets for profitable growth. This role will develop relationships with key internal and external stakeholders, including banks, other financial institutions and target companies and will help keep these external parties apprised of areas of strategic interest for Quest.

The VP will be a relationship builder and influencer, will provide leadership in the sourcing and execution of opportunities, and will monitor and report on post-close performance.

Pay Range: $400,000 - $450,000/year plus 50% Annual Incentive Plan + Long-Term Incentive. Salary offers are based on relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. Successful candidates may be eligible to receive annual performance bonus.

Benefits Information: We are proud to offer best-in-class benefits and programs to support employees and their families. Depending on whether it is a part-time or full-time position, some of the benefits offered may include:

• Day 1 Medical, supplemental health, dental & vision for FT employees who work 30+ hours
• Best-in-class well-being programs
• Annual, no-cost health assessment program Blueprint for Wellness®
• healthy
  
  MINDS mental health program
• Vacation and Health/Flex Time
• 6 Holidays plus 1 MyDay off
• Fin Fit financial coaching and services
• 401(k) pre-tax and/or Roth IRA with company match up to 5% after 12 months of service
• Employee stock purchase plan
• Life and disability insurance, plus buy-up option
• Flexible Spending Accounts
• Annual incentive plans
• Matc…