Sr. Director, Innovation Incubation

McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well‑being of you and those we serve – we care.

What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow’s health today, we want to hear from you.

Work Arrangement:

This is a hybrid position requiring candidates to work on-site at least 2 days per week at our office in Mississauga. The remaining days may be worked remotely, subject to team and business needs.

About the Role:

McKesson Canada is seeking a strategic and entrepreneurial leader to establish and lead our Innovation Incubation capability. Reporting into a cross‑functional innovation ecosystem, this role will identify, validate, and develop new growth opportunities that support McKesson Canada’s long‑term business strategy.

Working closely with Corporate Strategy, Business Development, Business Unit leaders, and external partners, you will evaluate emerging healthcare trends, unmet customer needs, and disruptive technologies to determine where McKesson can create new value. Through disciplined experimentation, customer discovery, prototyping, and business model development, you will transform ideas into investment‑ready opportunities and scalable growth initiatives.

This role is ideal for a leader with experience in innovation strategy, venture building, commercialization, healthcare innovation, or new business development who thrives in ambiguous environments and enjoys turning ideas into measurable business outcomes.

What You'll Do:

• Build and lead McKesson Canada’s innovation incubation capability focused on identifying and validating new growth opportunities.
• Develop and manage an innovation portfolio and opportunity pipeline from concept through investment recommendation.
• Partner with Corporate Strategy and Business Development to evaluate strategic growth opportunities and emerging market trends.
• Conduct market, customer, and partner discovery activities to validate business opportunities and customer demand.
• Design, test, and refine new business models, value propositions, revenue streams, and commercialization strategies.
• Lead rapid experimentation, pilot programs, and minimum viable product (MVP) development to assess market viability.
• Develop business cases and financial models evaluating market size, revenue potential, profitability, investment requirements, and return on investment.
• Establish and manage innovation stage‑gate processes, including success metrics, governance, and investment recommendations.
• Build strategic relationships across the healthcare ecosystem, including health systems, pharmaceutical manufacturers, startups, technology providers, academic institutions, and industry associations.
• Collaborate with Business Units, Technology, Finance, and Transformation teams to transition validated opportunities into scalable business initiatives.
• Prepare executive‑level presentations and recommendations supporting build, buy, partner, or scale decisions.
• Mentor and develop team members while fostering a culture of innovation, experimentation, and customer‑centric thinking.

Basic Requirements:

• Bachelor's degree in Business, Innovation, Healthcare Administration, Finance, Engineering, Strategy, Marketing, or a related field.
• 10+ years of professional experience in innovation, strategy, venture development, new business development, commercialization, management consulting, product strategy, or related fields.
• Experience leading innovation programs, venture incubation initiatives, commercialization efforts, or new business creation.
• Experience developing business cases, financial models, and executive‑level recommendations.
• Experience engaging and influencing senior leadership and cross‑functional stakeholders.
• Experience leading teams through ambiguity and organizational change.
• Exceptional executive communication, storytelling, and presentation skills.

Preferred Skills/Experience:

• Master's degree or other advanced degree.
• Experience in healthcare, pharmaceutical, life sciences, healthcare technology, or digital health sectors.
• Experience building or scaling new products, ventures, businesses, or commercial offerings.
• Experience with partnership development, strategic alliances, mergers and acquisitions, or venture ecosystems.
• Strong understanding of customer discovery, market validation, and go‑to‑market strategy development.

We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long‑term incentive opportunities may be offered. For more information regarding benefits at McKesson, please

Our Base Pay Range for this position

$151,200 - $201,600

McKesson job postings are posted on our career site: careers.mckesson.com.

McKesson is an Equal Opportunity Employer

McKesson provides equal employment opportunities to applicants and employees, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other legally protected category. For additional information on McKesson’s full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.

McKesson is committed to being an Equal Employment Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to (United States) Disability_Accommodation@McKesson.com or (Canada) Accessibility@mckesson.ca. Resumes or CVs submitted to this email box will not be accepted.

Join us at McKesson!

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