Doug Power
Vice President of Corporate Development at Ford Motor Company (NYSE: F) | Board Director
Rahr Corporation•Detroit Metropolitan Area, United States
View LinkedIn ProfileExecutive Overview
As a senior executive with 20+ years of M&A, Corporate Strategy, Shareholder Activist Defense, and Board experience, I take action to maximize shareholder value. I am the VP of Corporate Development at Ford Motor Company (NYSE: F) where I work in close partnership with the CEO, board and the Ford family to identify and execute high-impact acquisition, strategic investment and partnership transactions with companies with technology, capabilities and talent which will advance the Ford+ plan for growth and value creation. My expertise includes: • Portfolio Transformation Leader: Developing M&A strategies and executing “needle-moving” transactions to transform portfolios towards value-creating growth and top-tier shareholder return models. • Activist Defense Leader: Protecting companies from activist shareholders. • CEO Advisor: Advising CEOs as a director on 5 corporate and 2 non-profit boards. • Team Builder: Building highly skilled, collaborative and influential teams that consistently deliver an outsized impact on the company. Previously, as the VP of M&A and Corporate Strategy at General Mills (NYSE: GIS), I worked in close partnership with the CEO and board. Most recently, I led the development of General Mills’ Accelerate corporate strategy, and was the originator, driver and lead negotiator of the company’s $8B acquisition of Blue Buffalo Pet Products. Previously, as the VP of M&A at NAVTEQ (NYSE: NVT), a leading digital map provider, I led the execution of transactions which enabled NAVTEQ’s expansion into location-based services, 3D mapping, mobile advertising, application software, and crowd-sourced data. I also played a key role in the company’s $8B sale to Nokia. Previously, at Lucent Technologies (NYSE: LU), I led the execution of several multi-billion dollar divestitures in one of the largest non-bankruptcy reorganizations in U.S. history, and at Merrill Lynch & Co. (NYSE: ML), I executed buy-side and sell-side M&A transactions across multiple industries and geographies. I earned an MBA with Honors from University of Chicago and a BA with Distinction from University of Michigan. I serve on the Board of Directors of Rahr Corporation.
Career Timeline
- Ford Motor CompanyCurrentJun 2021–Present· 5 yrs 4 mos
- Vice President, Corporate DevelopmentCurrentJun 2021–Present
- Rahr CorporationCurrentOct 2018–Present· 8 yrs
- Member, Board of DirectorsCurrentOct 2018–Present
- Jul 2021–Sep 2021· 2 mos
- Member, Board of DirectorsJul 2021–Sep 2021
- Aug 2011–Apr 2021· 9 yrs 8 mos
- Vice President and Global Head of M&A and Corporate StrategyAug 2011–Apr 2021
- Sep 2005–Aug 2011· 5 yrs 11 mos
- Vice President and Global Head of M&ASep 2005–Aug 2011
- Mar 2000–Sep 2005· 5 yrs 6 mos
- Director and Global Co-Head of M&AMar 2000–Sep 2005
- Mar 1997–Mar 2000· 3 yrs
- Vice President, Mergers and AcquisitionsMar 1997–Mar 2000
- 1995–1997· 2 yrs
- Associate, Mergers & Acquisitions1995–1997
Education
Bachelor of Arts - BA
Economics
University of MichiganMaster of Business Administration - MBA
Accounting and Finance
The University of Chicago Booth School of Business