ABBOTT LABORATORIES District Manager of Acquisition Sales (Mid-Atlantic Region) - Abbott Diagnostics Division (ADD) Salary in the United States

How much does a District Manager of Acquisition Sales (Mid-Atlantic Region) - Abbott Diagnostics Division (ADD) make at companies like ABBOTT LABORATORIES in the United States? The average salary for District Manager of Acquisition Sales (Mid-Atlantic Region) - Abbott Diagnostics Division (ADD) at companies like ABBOTT LABORATORIES in the United States is $149,217 as of March 26, 2024, but the range typically falls between $119,806 and $178,628. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities2

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What does a District Manager of Acquisition Sales (Mid-Atlantic Region) - Abbott Diagnostics Division (ADD) do at companies like ABBOTT LABORATORIES?

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 103,000 colleagues serve people in more than 160 countries.

At Abbott, we're committed to helping you live your best possible life through the power of health. For more than 125 years, we've brought new products and technologies to the world––in nutrition, diagnostics, medical devices, and branded generic pharmaceuticals––that create more possibilities for more people at all stages of life. Today, 99,000 of us are working to help people live not just longer, but better, in the more than 150 countries we serve.

Primary Job Function

This District Manager of Acquisition Sales sells the entire ADD product line to large, complex strategic named accounts and/or strategic named prospect accounts. This role is the guardian of the strategic customer relationship and is focused on retention; penetration and net new customer selling. 

Primary responsibilities include: 1) establishing and building senior level relationships and leveraging them in driving new profitable sales and protecting base business; 2) understanding and assessing customers’ business objectives, strategies, and requirements; 3) identifying innovative solutions to meet account needs; 4) leading an internal ‘selling team’ (i.e., Enterprise Account Managers, Sales Executives, Technical Specialists) to maximize growth, and 5) overall account management including detailed account planning and sales forecasting. 

Position Location/Region

  • This is a remote position. Qualified candidates must currently reside in the Mid-Atlantic region (PA, NY, NC, WV, VA, MD, DE, DC).
  • Relocation assistance is not authorized for this position.

Core Job Responsibilities

  • Responsible for implementing and maintaining the effectiveness of the quality system. 
  • Responsible for leading a team of Enterprise Account Managers and Sales Executives to drive profitable revenue and closing opportunities within strategic accounts by initiating, developing and/or delivering unique solutions that result in improved customer outcomes and benefits Abbott; ensures all commitments are met.
  • Investigates and understands the strategic account and their business environment including goals, objectives, strategies, and competitive situation. 
  • Identifies industry trends and changing market regulations and understands impact on strategic account. 
  • Maintains a detailed understanding of customer decision makers and influencers; builds and preserves customer relationships to leverage in driving new sales and protecting base business. 
  • Identifies opportunities or acts upon previously identified opportunities to prepare and deliver account- specific Abbott value proposition resulting in positive action. 
  • Understands, analyzes, and accurately interprets key financial performance indicators for strategic accounts and how Abbott’s solutions will impact targeted financial objectives. 
  • Negotiates contracts resulting in long-term commitments. 
  • Provides leadership and direction regarding all Abbott interactions with strategic accounts; acts as a trusted advisor to the customer. 
  • Integrates information from ongoing business analysis and assessment into a multi-year plan and leads through persuasion and personal influence an internal ‘selling’ team to develop an actionable account strategy with short-term tactics to achieve desired results.
  • Coordinates all appropriate Abbott resources to execute the strategic account plan including assigning roles, expectations, responsibilities, and timelines; engages members of the team through ongoing communication; tactical planning and execution. 
  • Acts as an internal advocate for the customer; cultivates Abbott internal relationships and leverages to drive business objectives. 

Position Accountability/Scope

This position reports to the Region Director and will help build the Enterprise Organization designed to address special requirements of large, complex accounts to achieve a competitive advantage and create future growth. The role will better leverage the full portfolio of ADD’s products and services to create unique customer value to ADD’s largest and highest revenue/profit potential and most important customer accounts. The incumbent leads a team that has direct sales responsibility selling to the C-Suite or senior executives establishing long term relationships that must be leveraged to drive new and protect existing business. Because the customers are highly complex organizations, successful closing of new business requires having an internal selling team of Enterprise Account Managers, Sales Executives, and Technical Specialists & Consultants for each line of business (e.g., Immunoassay, Clinical Chemistry, Hematology, Informatics, Workflow, Automation; Services) and others as well as a separate team to implement the solution. For each account, this role will direct the Acquisition team through persuasion and personal influence that will offer solutions customized to each customer while ensuring the solutions delivered are of high quality and meet their expectations and needs. The individual will lead the direct staff to solicit leads for new business development. 

The incumbent will be responsible for managing an acquisition territory of $250-350MM of Total Available Market Opportunity, which consists of customers spanning a single location up to multiple locations (up to 15). The incumbent is responsible for closing business to deliver annual new business non-capital revenue growth of $4-8MM each year and $3-5MM of capital revenue growth. The accounts can be located either in one state or multiple states. The incumbent will be responsible for the P&L for each target customer in the group of accounts among their team as well as developing the profitable growth that is needed to achieve LRP commitments. Impact of actions will be measured on a quarterly and annual basis and will be reflected in merit increases, compensation plans, and annual performance reviews.

Minimum Position Requirements

  • Bachelor’s degree required. 
  • 7+ years of proven sales experience at executive level selling broad and complex product lines in the medical device, capital equipment, or diagnostics industry.
  • 3+ years of proven sales management experience.
  • Must be willing to travel 75% in assigned region and other locations to meet business demands.

Preferred Position Requirements 

  • The candidate should have proven ability to build long term strategic and senior level relationships and demonstrated capability to uncover a large complex organization’s strategic long-term plan and short-term tactics and translate into a winning solution. 
  • Proven success as an expert in all aspects of value-based, solution selling and ability to work in cross-functional teams to meet clearly defined objectives that benefit the company and customer. 
  • Ability to effectively communicate, speak in public, and adapt to rapidly changing environments.
  • The candidate must have executive level business and financial acumen to include strong team leadership skills and knowledge of all products and services. 
  • The candidate should be an expert in ‘getting things done’ within the company and possess strong negotiation skills, critical thinking and problem-solving skills. Additionally, must have strong internal and external networking skills with robust inter-personal skills that will develop and enhance long-term relationships. 
  • Understanding of Hospital Health Systems Industry and Diagnostics experience is preferred. 

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Understand the total compensation opportunity for District Manager of Acquisition Sales (Mid-Atlantic Region) - Abbott Diagnostics Division (ADD) at companies like ABBOTT LABORATORIES, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$119,806
$178,628
$149,217
The chart shows total cash compensation for the ABBOTT LABORATORIES District Manager of Acquisition Sales (Mid-Atlantic Region) - Abbott Diagnostics Division (ADD) in the United States, which includes base, and annual incentives can vary anywhere from $119,806 to $178,628 with an average total cash compensation of $149,217. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
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