What are the responsibilities and job description for the Director, Strategy position at Fortune Brands?
Company Description
Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too. When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength.
Explore life at Fortune Brands here
Job Description
The primary function of the Director, Strategy is to identify, evaluate, and pursue growth opportunities, in partnership with senior management, that enhance shareholder value. The scope of this role includes high-impact strategy, acquisition, and cross-business-unit initiatives. The Director, Strategy will focus on driving and implementing strategy for the Moen business unit (BU) of Fortune Brands Innovations.
POSITION LOCATION: This position is eligible for a hybrid schedule based out of Deerfield, IL.
Effective mid-2025, Fortune Brands will transition to a new world-class campus in Deerfield,
bringing together associates from across our U.S. offices, brands, and functions. The campus will
offer vibrant workspaces for collaboration, along with amenities for dining, onsite daycare,
fitness and recreation
RESPONSIBILITIES:
- Work collaboratively with BU leadership teams and the Strategy & Corporate Development teams to define and advance the strategic priorities of the Moen BU.
- Lead a range of strategic initiatives spanning a variety of areas, including FBIN corporate strategy, individual division-specific growth strategy, strategic planning, portfolio strategy, and capability/best practice sharing.
- Partner with the VP, Strategy and Commercial Leadership team in strategic planning efforts, preparation for strategy review meetings with FBIN CEO and CFO, and other BU-specific growth strategy planning and execution activities.
- Provide council to the business teams on certain strategic initiatives and take the lead in others, including scoping, planning, structural efforts, and gaining alignment with leaders on timeline/implications.
- Management of acquisition-focused business development pipeline, including partnership with BU leaders and Strategy & Corporate Development team to identify and evaluate potential acquisition opportunities.
- Lead team efforts to monitor industry trends, channel evolution, and key competitors’ strategies and tactics.
- Oversight and direction of junior staff within the Strategy department including coaching, mentoring, and career development planning.
Qualifications
- Bachelor’s Degree, or equivalent, in quantitative field.
- Master of Business Administration preferred.
- 5 years of experience in management consulting and/or corporate strategy, working closely with commercial teams to identify opportunities and implement new initiatives.
- Strong financial acumen, broad business skill set, good strategic perspective, and a mature/practical mindset.
- Strong team leadership capabilities, i.e., collaboration, communications skills, ability to work with/influence a variety of different positions within an organization.
- A self-starter that can lead key interests front-to-back.
- Highly articulate with ability to communicate effectively across various levels within an organization, including senior leaders.
- Significant exposure to strategy, finance, accounting, marketing, operations, and related functions.
- Travel needs vary by project but will overall be <10%.
Additional Information
Additional Information:
Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $150,000 USD - $264,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.
At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity and our associates’ feeling of belonging at work.
Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.
Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN
Equal Employment Opportunity:
FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.
We are committed to a diverse and inclusive workplace and encourage applicants from all backgrounds to apply. To support our efforts, we invite you to voluntarily share your gender, ethnicity, and veteran status. This information is confidential and helps us ensure an inclusive hiring process and improve our diversity initiatives.
Reasonable Accommodations:
FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.
Salary : $150,000