Vice President - Business Development

Date: Jul 2, 2024

Location: Spring, TX, US, 77389

Company: Chesapeake Energy

Our core values — integrity and trust, respect, transparency and open communication, commercial focus and change leadership — are the lens through which we evaluate every business decision. As a dynamic, growing company that offers extremely competitive compensation and benefits, our employees are our most valued assets and the foundation of Chesapeake’s performance among our E&P competitors.

We seek applicants from all backgrounds to ensure we get the best, most creative talent on our team. We realize that, historically, underrepresented groups feel the need to be 100% qualified in order to apply. If you meet any combination of our requirements, we encourage you to apply. We strive to hire people from a wide variety of backgrounds, not just because it’s the right thing to do, but because it makes our company stronger.

Job Summary

This executive position is responsible for identifying and evaluating new business opportunities in order to execute the company’s short-term, medium-term and long-term strategic plans.

Job Duties & Responsibilities

• Develop and execute a comprehensive business development strategy that aligns with the company's overall strategic plan, with a focus on revenue growth and market expansion
• Identify and evaluate potential M&A and investment opportunities in upstream, midstream (including pipelines, LNG facilities, etc.) and downstream areas
• Build and maintain positive relationships with potential and existing partners through regular communication and meetings
• Understand partners’ needs and develop solutions to meet their business requirements, with a focus on affordable, reliable and low Carbon energy supply
• Conduct market research and analysis to identify emerging trends, technologies, and competitors, and leverage the company's size to secure favorable terms and contracts
• Collaborate with investment banks and brokers to identify and pursue upstream, midstream, and downstream opportunities, covering all facets of due diligence, negotiation, signing, closing, and post-closing discussions
• Develop sales and supply strategies to optimize pricing and create additional demand
• Develop new markets and implement contracts
• Lead the negotiation of mutually beneficial terms and contracts with partners or peers
• Manage complex contract negotiations and work with internal and external legal counsel as required
• Foster innovation, plan projects, organize and negotiate the allocation of resources to support business development efforts
• Attend industry conferences and events to network and stay up-to-date on industry trends and developments related to Gas & Power, LNG and the energy transition
• Provide regular reports on business development progress, competitive analysis, and client feedback to executive management and company board of directors
• Provide direct and indirect supervision of personnel, including hiring, promotion, compensation administration, and termination of employment
• Ensure all employees are operating within all Chesapeake, state, and federal guidelines, policies, and regulations

Job Specific Skills

• Ability to develop, oversee and coordinate strategies across the company
• Ability to anticipate and prepare responses to events that may affect company interests
• Ability to establish clear goals and ethical standards for subordinates
• Knowledge of administrative procedures in order to prepare and maintain reports, budgets, and administrative records as required
• Ability to assign, delegate, and direct the work of others
• Ability to provide on-the-job training, performance assessment, coaching, motivation, and career development to employees
• Knowledge of business and management principles involved in strategic planning, resource allocation, leadership technique, and the coordination of people and resources
• Ability to show flexibility in response to change and adapt to and accommodate new policies, procedures, and technology
• Ability to ensure all employees are operating within all Chesapeake, state, and federal guidelines, policies, and regulations

Education

Minimum: Bachelor’s degree - from accredited university - Business Administration, Finance, Economics or related field

Experience

Minimum: 15 + years related work experience

Chesapeake Energy takes necessary action to ensure that all applicants are treated without regard to their race, color, religion, sex, sexual orientation, age, gender identity, national origin, genetic information, disability, pregnancy, military or veteran status or any other protected characteristic as established by law.

Chesapeake Energy Corporation's operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore in the United States.

Nearest Major Market: Houston

Job Segment: Executive, VP, Market Research, Strategic Planning, Management, Marketing, Strategy, Research

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