Sr. Director, Strategy & Corporate Development

At Penguin Solutions (Nasdaq: PENG) – The AI Factory Platform Company – we’re building a team of innovators who thrive on collaboration, creativity, and the opportunity to help shape the future of AI. As part of the AI technology revolution, our teams design, build, deploy, and manage AI factories for enterprises, sovereign AI initiatives, and neocloud providers worldwide.

Headquartered in Silicon Valley, California, Penguin Solutions operates globally through a network of R&D, manufacturing, and sales locations. For nearly three decades, we have operated at the intersection of memory and AI/HPC infrastructure. That engineering expertise positions us to power the next generation of AI workloads, from training to inference and agentic AI at scale.

Penguin Solutions brings together differentiated infrastructure software, advanced memory, compute systems, end-to-end services, and industry-leading partner solutions in a full-stack AI factory platform designed to help customers deploy and scale AI workloads with speed and precision.

At Penguin Solutions, we value ideas over hierarchy and empower employees to take ownership, drive innovation, and grow through challenging work, continuous learning, and exposure to advanced AI tools and technologies. With flexibility where it matters and a strong focus on outcomes, Penguin Solutions is a place to do your best work, grow your career, and make a meaningful impact.

Job Overview 

The Senior Director, Strategy & Corporate Development will play a pivotal role in shaping and executing the company’s mergers and acquisitions (M&A) strategy. This leader will help develop and manage a strong pipeline of acquisition and partnership opportunities and lead end-to-end deal execution—from target identification and due diligence through closing and integration—to ensure sustained value creation. Serving as a key liaison with internal business leaders, this individual will help drive strategic alignment across the organization. The position requires exceptional executive communication skills, agility in a fast-paced environment, and the ability to lead effectively across complex, cross-functional initiatives.

Responsibilities

• Develop, refine, and execute the company’s overall M&A and strategic investment strategy in alignment with corporate objectives.
• Lead the full deal lifecycle:
  • Target identification, market/competitive intelligence, and opportunity assessment 
  • Build business cases, valuation models, ROI and synergy analysis 
  • Lead diligence (commerical, financial, operational), structuring (cash, stock, earn-outs), negotiation and closing activities
• Manage post-transaction integration: define and monitor KPIs, realize synergies, ensure successful operationalization of acquired or partnered assets.
• Prepare executive-level and board-level materials: investment memos, presentations, transaction updates, strategic reviews.
• Support the broader Corporate Development Group on strategic planning, portfolio management, and competitive landscape analysis.
• Represent the company externally in meetings with potential partners and targets.
• Monitor market/industry trends: competitive dynamics, consolidation opportunities, technology disruption relevant to Penguin Solutions’ growth markets.

Qualifications

• Bachelor’s degree in Finance, Business, Engineering or related field.
• Minimum of 10 years of experience spanning both product / technology related roles and corporate development, with demonstrated success in start-up environments.
• Exceptional strategic thinking, technical acumen, and analytical skills.
• Strong executive presence and communication skills, with the ability to influence across all organizational levels.
• Highly organized, results-driven, and comfortable operating in a fast-paced, dynamic environment.

Location

Maynard, MA

Travel

Moderate

Compensation & Benefits

The base pay range that the Company reasonably expects to pay for this position in Maynard is $200,000 - $240,000; the pay ultimately offered may vary based on business considerations, including job-related knowledge, skills, experience, and education. The position is bonus-eligible, and there are medical, dental, and vision benefits available. There is a 401k saving plan and other benefits, such as Paid Time Off, Life Insurance, and an Employee Assistance Plan.   

Inclusion and Belonging Statement

We are committed to creating an inclusive environment that embraces differences and fosters belonging for all.

Equal Opportunity Statement

We are an Affirmative Action/Equal Opportunity Employer and strongly committed to all policies which will afford equal opportunity employment to all qualified persons without regard to age, national origin, race, ethnicity, creed, gender, disability, veteran status, or any other characteristic protected by law.