Managing Director of Corporate Development — Richmond

About the Role

Are you ready to lead the organization's growth strategy through high-impact mergers and acquisitions, strategic partnerships, and investment initiatives? As the Managing Director of Corporate Development, you will serve as a visionary leader, orchestrating complex transactions and aligning corporate development activities with broader business objectives. This role exists to shape and execute enterprise-wide growth strategies that deliver long-term value, requiring deep expertise in deal-making and a robust strategic mindset.

In this position, you will partner with executive leadership and the board to identify and capitalize on opportunities that drive the company's vision. You will be the architect of inorganic growth, guiding the organization through the full lifecycle of transactions—from market intelligence and financial modeling to negotiation and post-merger integration. Your day will involve fostering a culture of innovation and accountability within your team while building strong relationships with internal stakeholders, investors, and external counterparties.

Why Altria

At Altria, we believe a great career starts with feeling supported—both at work and in life. We offer a career that fits your life, rewards your ambition, and celebrates your impact. Our culture is built on the belief that your ideas are welcomed, your growth is encouraged, and your impact is real. We are committed to a culture that gives back, with a shared commitment to making a difference through paid volunteer days and community engagement.

Hiring Process & Application

This position is not eligible for sponsorship. We are seeking candidates who bring significant experience leading complex transactions across cross-functional teams. If you have a proven track record in successfully leading M&A transactions and strategic partnerships, ideally within multinational or Fortune 500 companies, we want to speak with you.

Equal Opportunity Employer

Altria is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Work location

Work model: Hybrid

51, Towana Road, Roselawn, West End, Richmond, Virginia, 23226, United States

Richmond, Virginia

Key Responsibilities

check_circleDirect development and implementation of inorganic growth strategies including M&A and investments
check_circleLead identification, evaluation, negotiation, and integration of acquisition targets and partnerships
check_circleOversee due diligence, financial modeling, valuation, deal structuring, and post-merger integration
check_circleBuild and maintain relationships with executive leadership, board members, investors, and counterparties
check_circleAssess industry trends and competitive landscape to inform strategic decision-making
check_circleSupervise investment analysis, budgeting, and performance tracking for corporate development activities
check_circleRecruit, mentor, and develop a high-performing team fostering a culture of innovation and accountability
check_circleEnsure compliance with legal, regulatory, and ethical standards across all transactions and initiatives

Requirements

verifiedBachelor's degree in Business, Finance, Economics, or related field
verifiedMBA or advanced degree strongly preferred
verified15+ years of progressive experience in Top-Tier investment banking, private equity, or Growth focused consultancy
verifiedProven track record in leading M&A transactions and strategic partnerships
verifiedExpertise in deal negotiation, financial analysis, and integration management
verifiedGlobal experience and cross-border transaction expertise
verifiedIndustry knowledge in FMCG, Consumer Product Innovation, or Consumer Retail
verifiedNot eligible for sponsorship

Nice to Have

Global experience and cross-border transaction expertise. Industry knowledge in FMCG (Fast Moving Consumer Goods), Consumer Product Innovation, or Consumer Retail. Strategic thinker with hands-on execution capabilities. Commitment to excellence, innovation, and ethical business practices.

Benefits & Perks

check_circleFlexible and remote work optionscheck_circle15 days paid time off, 13 paid holidays, and 2 floating holiday dayscheck_circle401(k) matching from day onecheck_circleDeferred Profit Sharing with annual company contribution of 13%-17% of base salaryStudent loan repayment assistance

Company

Altria

Industry

Manufacturing

Headquarters

Richmond, Virginia

Altria, headquartered in Richmond, Virginia, operates within the manufacturing sector with a primary focus on tobacco products for U.S. adult consumers aged 21 and older. The organization pursues a strategy to transition adult smokers toward smoke-free alternatives through its diverse portfolio of wholly owned subsidiaries and strategic investments. This approach aims to move millions of consumers away from combustible cigarettes toward potentially less harmful options. The company owns Philip Morris USA Inc., the most profitable cigarette manufacturer in the United States, and John Middleton Co., a leading cigar producer. Its smoke-free segment includes U.S. Smokeless Tobacco Company LLC, Helix Innovations LLC, and NJOY, LLC, which holds FDA-granted marketing orders for its e-vapor products. Additionally, Altria maintains a majority stake in Horizon Innovations LLC, which markets heated tobacco stick products in the U.S. Beyond its core operations, Altria holds equity positions in Anheuser-Busch InBev SA/NV, the world's largest brewer, and Cronos Group Inc., a Canadian cannabinoid company. The portfolio features well-known brands such as Marlboro, Black & Mild, Copenhagen, Skoal, on!, and NJOY. For further information, the company directs inquiries to its official website.

Skills, education and keywords

Skills: Mergers And Acquisitions, Financial Modeling, Valuation, Deal Structuring, Due Diligence, Post-Merger Integration, Investment Analysis, Budgeting, Corporate Governance, Risk Management.

Education: Bachelor's degree in Business, Finance, Economics, or related field required; MBA or advanced degree strongly preferred.

Frequently asked questions about Managing Director, Corporate Development at Altria

What does a Managing Director, Corporate Development at Altria do?expand_more

A Managing Director, Corporate Development at Altria is responsible for the following: Direct development and implementation of inorganic growth strategies including M&A and investments; Lead identification, evaluation, negotiation, and integration of acquisition targets and partnerships; Oversee due diligence, financial modeling, valuation, deal structuring, and post-merger integration; and Build and maintain relationships with executive leadership, board members, investors, and counterparties.

What are the requirements for this Managing Director, Corporate Development role?expand_more

Altria is looking for candidates who meet the following requirements: Bachelor's degree in Business, Finance, Economics, or related field; MBA or advanced degree strongly preferred; 15+ years of progressive experience in Top-Tier investment banking, private equity, or Growth focused consultancy; Proven track record in leading M&A transactions and strategic partnerships; Expertise in deal negotiation, financial analysis, and integration management; and Global experience and cross-border transaction expertise.

Where is the Managing Director, Corporate Development role at Altria located?expand_more

Managing Director, Corporate Development at Altria is based in 51, Towana Road, Roselawn, West End, Richmond, Virginia, 23226, United States. This is a hybrid role.

Is this Managing Director, Corporate Development job remote, hybrid, or on-site?expand_more

Altria has listed this Managing Director, Corporate Development role as hybrid.

How much experience is required for this Managing Director, Corporate Development role?expand_more

Managing Director, Corporate Development at Altria typically requires 15+ years of relevant experience at the executive level.

What skills do you need for the Managing Director, Corporate Development role at Altria?expand_more

Key skills for Managing Director, Corporate Development at Altria include Mergers And Acquisitions; Financial Modeling; Valuation; Deal Structuring; Due Diligence; Post-Merger Integration; Investment Analysis; and Budgeting.

What education is required for Managing Director, Corporate Development at Altria?expand_more

Educational requirements for this role: Bachelor's degree in Business, Finance, Economics, or related field required; and MBA or advanced degree strongly preferred.

What category does the Managing Director, Corporate Development role belong to?expand_more

Managing Director, Corporate Development at Altria is part of the accounting & finance job category on Recrutus.

About Altria

The company owns Philip Morris USA Inc., the most profitable cigarette manufacturer in the United States, and John Middleton Co., a leading cigar producer. Its smoke-free segment includes U.S. Smokeless Tobacco Company LLC, Helix Innovations LLC, and NJOY, LLC, which holds FDA-granted marketing orders for its e-vapor products. Additionally, Altria maintains a majority stake in Horizon Innovations LLC, which markets heated tobacco stick products in the U.S.

Beyond its core operations, Altria holds equity positions in Anheuser-Busch InBev SA/NV, the world's largest brewer, and Cronos Group Inc., a Canadian cannabinoid company. The portfolio features well-known brands such as Marlboro, Black & Mild, Copenhagen, Skoal, on!, and NJOY. For further information, the company directs inquiries to its official website.

Browse more roles: All Altria jobs, accounting & finance jobs on Recrutus.

Managing Director, Corporate Development