Chief Growth Officer
Company: HearingLife
Location: Somerset
Posted on: February 11, 2025
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Job Description:
Chief Growth Officer
Job Locations
US-NJ-Somerset
Job System ID
2025-22663
# of Openings
1
Overview
HearingLife is part of the Demant Group, a global leader in hearing
healthcare and technology with over 115 years of history. As one of
the world's most innovative hearing health companies, Demant is
dedicated to helping people rediscover hearing through solutions
that enhance quality of life, break down barriers, and connect
people to the world around them.
Headquartered in Denmark, Demant operates in more than 130
countries and offers a comprehensive portfolio of hearing aids,
audiometric equipment, personal communication, and hearing care
services. The organization has established Centers of Excellence
(COE) for key functions, including business development, store
design, and network optimization, fostering collaboration and
driving best practices across its global teams.
As a proud member of this global organization, HearingLife
leverages Demant's industry-leading expertise and COE resources to
deliver exceptional care through a network of 600+ locations across
the United States. Close collaboration with global partners in
Denmark ensures alignment on strategy and access to cutting-edge
innovations that enhance HearingLife's ability to fulfill its
mission.
At HearingLife, we strive to fulfill Demant's mission of "Hearing
is Our Passion" by expanding our reach and empowering more
individuals to experience the life-changing benefits of better
hearing.
The Chief Growth Officer (CGO) is a key executive role responsible
for leading HearingLife's strategic expansion from 600 to 1,000+
locations. Reporting directly to the President and serving as a
member of the senior leadership team, the CGO will oversee all
aspects of growth, including Mergers & Acquisitions (M&A),
integration, greenfield (de novo) expansions, and real estate
optimization. This role will also drive collaboration with North
American and global partners in manufacturing, diagnostics,
M&A, store design, and network development. The CGO will manage
a team of Vice Presidents and Directors, ensuring alignment and
execution of growth strategies across multiple functions.
The CGO will collaborate closely with Finance on deal structure and
execution, Sales and HR on integration strategies, and Operations
to ensure seamless implementation of growth initiatives. The ideal
candidate will bring proven experience in M&A and greenfield
expansion within retail or healthcare environments and have a
hands-on approach to working with local small business owners, such
as HearingLife's selling providers. This role requires a leader who
can navigate the nuanced interpersonal and operational aspects of
community-based businesses, rather than someone solely focused on
complex financial transactions.
This is a mission-critical role in advancing HearingLife's purpose
of helping more people hear better by expanding our reach and
impact.
Responsibilities
Key Responsibilities:
Executive Leadership:
- Serve as a key member of the senior leadership team, contributing
to the overall strategic direction and decision-making of the
organization.
- Collaborate closely with Demant's global teams in Denmark and
leverage Centers of Excellence (COE) for key functions, such as
business development, store design, and network optimization, to
align strategies, share best practices, and drive innovation.
- Lead, mentor, and develop a high-performing team of Vice
Presidents and Directors across M&A, real estate, and network
development functions.
- Foster a culture of collaboration, accountability, and
innovation, empowering teams to achieve ambitious goals.
Growth Strategy and Execution:
- Develop and implement a comprehensive growth strategy to achieve
the company's expansion goals.
- Lead the M&A process, focusing on small-to-medium-sized
acquisitions, from deal sourcing and evaluation to due diligence,
integration, and post-merger performance.
- Oversee greenfield expansions, ensuring site selection, design,
and development align with business objectives and are completed
within budget.
- Optimize the real estate portfolio by managing lease negotiations
and leveraging analytics to ensure profitability and
efficiency.
Integration and Collaboration:
- Lead post-acquisition integration for acquired clinics.
Coordinate with Sales and HR to design and implement integration
plans that ensure cultural alignment, operational continuity, and
rapid revenue growth post-acquisition.
- Collaborate with Finance to structure deals and execute M&A
transactions effectively.
- Work closely with selling providers to ensure a smooth transition
and alignment with HearingLife's culture and operational
standards.
- Build and maintain relationships with local business owners and
community stakeholders to drive growth and loyalty.
Operational Excellence:
- Utilize professional real estate software (e.g., Jakala) to
analyze market opportunities, identify trends, and support
decision-making.
- Implement scalable systems and processes to support expansion
efforts efficiently and effectively.
Vision and Mission Alignment:
- Articulate and drive alignment around a compelling vision for
growth that energizes internal and external stakeholders.
- Ensure growth strategies align with HearingLife's mission of
helping more people hear better.
- Act as a key representative of HearingLife in external
negotiations, partnerships, and strategic collaborations.
Key Performance Indicators (KPIs):
- Post-acquisition revenue growth for M&A transactions.
- Greenfield buildout costs delivered within budget.
- Revenue ramp for greenfield locations compared to
projections.
Qualifications
Qualifications:
- Bachelor's degree in Business, Real Estate, Finance, or a related
field; MBA or advanced degree strongly preferred.
- Minimum of 10 years of progressive experience in M&A,
greenfield expansions, integrations, and real estate leadership
roles.
- Experience in retail or healthcare environments, with a strong
understanding of working with local small business owners and
community-based operations.
- Expertise in managing and developing senior-level teams,
including Vice Presidents and Directors.
- Proven track record in lease negotiations and managing real
estate portfolios in a multi-site business environment.
- Proficiency in professional real estate software (e.g., Jakala)
and data analytics platforms.
- Experience working in a global matrix organization, preferably
within healthcare or retail sectors.
Skills and Competencies:
- Strategic thinker with a proven ability to develop and execute
complex growth strategies.
- Strong analytical, negotiation, and problem-solving skills.
- Exceptional leadership and team-building abilities, with a track
record of managing cross-functional teams and senior
executives.
- Outstanding communication and interpersonal skills to engage and
influence stakeholders at all levels.
- High level of business acumen, ethics, and professionalism.
Personal Attributes:
- Results-oriented with a focus on driving growth and delivering
measurable outcomes.
- Adaptable and capable of navigating a dynamic, fast-paced
environment.
- Collaborative mindset with a commitment to fostering a culture of
innovation and continuous improvement.
- Visionary leader with the ability to inspire and align teams
around shared goals and mission-driven growth.
Travel Requirements:
- Travel up to 50% of the time is required for this position to
visit company locations, evaluate growth opportunities, and attend
meetings with global partners.
- This is a Hybrid position (corporate office is in Somerset,
NJ).
We are an Equal Opportunity / Affirmative Action employer, all
qualified applicants will receive consideration for employment
without regard to race, color, religion, sexual orientation, sex,
national origin, disability, or protected veteran status.
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Keywords: HearingLife, New Brunswick , Chief Growth Officer, Executive , Somerset, New Jersey
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