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Deltav Acquisition Essay

Satisfactory Essays

Peter,
Thank for you for the employment offer. At the outset, I am greatly excited about this acquisition, and the opportunities that this acquisition will bring to the new team. I am looking forward to playing a key role, contributing to the success of this acquisition. I would like to take this opportunity to highlight the following:
1. E & I Engineering Team Organization
During the brief discussion Ed and I had with you on this, you had explained to us your proposed structure for this team. The major issues we have been encountering at B&T during the last several years have been the constraints on hiring and the resulting shortage of resources. Looking forward, to efficiently handle our ongoing development projects, technical support needs, …show more content…

However, once this is accomplished, I will be interested in assuming a business leadership role, creating more value to our new team. With the proposed team structure, I believe, I will be able to pull myself out of day-to-day engineering functions and focus more on the business side. I was looking for an opportunity to discuss this with you in person when we get close to the final stages of our acquisition.
2. Compensation
Thank you for the compensation package you have offered; however, I am expecting a better base salary than you have offered.
At FMC, we have not had salary revisions during the last two years. Assuming an average annual increase of 5%, I would be at $164K range this year. Having completed my MBA program, I was expecting additional increase of at least 20%. Though I had brought this up with my manager during my performance review in January, I did not pursue it once I learned about the impending sale of the business. Hence, I request to reconsider my base salary offer.
Please let me know a convenient time to discuss the above

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