VP Business Development

Starbucks

$150K — $200K *
Hospitality & Recreation
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Over 12 years of total professional experience.
  • 7 years in a leadership role focused on business development with senior-level skills.
  • 10 years in a senior-level business development role, relevant to the industry.
  • Bachelor's degree in a related field, with educational credit for relevant experience.
  • 3-5 years of Airport F&B and/or Retail experience.

Responsibilities

  • Develop and implement strategies for contract acquisition and extensions.
  • Build and maintain client relationships to secure contracts and optimize deal terms.
  • Collaborate with internal teams to create project plans and competitive proposals.
  • Negotiate and finalize agreements with clients and stakeholders.
  • Engage and present proposals to a range of audiences including airport and city authorities.
  • Manage budgets and execute project work plans effectively.
  • Participate in the management of project change orders and audits.

Benefits

  • Comprehensive health, dental, and vision insurance.
  • Retirement savings plan with company match.
  • Generous paid time off and holiday schedule.
  • Opportunities for professional development and training.
  • Flexible working arrangements where applicable.
Full Job Description
Purpose: The purpose of the Vice President of Business Development is to execute on the development strategy through client relationships and implementation of plans to retain existing contracts, expand current airport business opportunities, and acquire new airport contracts.

Essential Functions:

  • Develops and implements contract win and extension strategies, including proper positioning, local support, and identification of key success criteria
  • Builds, manages, and maintains client relationships to influence deal structure, win contracts, and improve deal terms
  • Partners with head of program management, proposal development, and creative services to develop project plans and proposals, presentations, and other external documents for RFQs, RFPs, lease extensions, and other competitive opportunities including deals for new and existing spaces
  • Negotiates and finalizes ACDBE, subtenant, and client agreements including internal approval of terms
  • Engages with and presents to prospective clients, airport staff, boards, and political representatives; influences acceptances of rent and minimum annual guarantees
  • Executes the project work plan and manages budgets
  • Oversees business case, design and construction, and process post audits
  • Participates in the approval and negotiation of project change orders
  • Partners with Operations Leadership to successfully deliver and fulfill all contracts
    Reporting Relationship: Reports to the Senior Vice President of Business Development

    Major Interdependencies:
  • Departments: Financial Planning and Analysis, Design and Construction, Legal, Strategic Alliances, Operations, Company Senior Leadership
  • Customers: Landlords, brands, airport/city/port authorities, industry affinity organizations, competitors
    Minimum Qualifications, Knowledge, Skills, and Work Environment:
  • Education and Experienceo Total professional experience must exceed 12 yearso In leadership role: 7 years leading business development programs and highly skilled, senior level professionalso In technical role: 10 years in a senior level business development role• A bachelor's degree concentrating on financial planning and analysis can count for 3 of the ten-year requirement• An MBA or a master's level degree in a program related to the functional area can count for an additional 2 years of the ten-year requirement o In industry: 3-5 years of Airport F&B and/or Retail experience
  • Specialized Training:o Must have significant experiential learning of the business development and contracting process at an organization that is dependent on contract acquisition for overall successo Completion of or future participation in Facility Development Process (FDP) training
  • Specialized Skillset/Competencies/Traits:o Highly advanced financial analysis and business acumen, but also has a strategic vision to understand the long-term implications of each development dealo Knowledge of and participation in industry affinity groups i.e., ACI, AAAE, AMAC, ARRAo Demonstrated history of coaching/counseling/leading subordinate employees from junior through senior level roles into functional areas outside of the Development functiono Demonstrated history of anticipating and balancing the needs of the business with the needs of complex stakeholders, the employee population, and individual circumstanceso Demonstrated history of creating and maintaining positive work environments through coaching, developing, and leading teams to achieve common goalso Demonstrated experience exhibiting a continuous improvement mindset with the ability to optimize work processes and achieve positive results
  • Travel/Location:o This position is based at the North America Support Center in Bethesda, MDo Requires 50% travel to airport locations
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