Regal Rexnord

Director, Product Management

Director, Product Management
Notice info
LocationMilwaukee, WI
Job Typefull time
On-site
Electric Power Transmission, Control, and Distribution

About This Job

The Director of Product Management will lead the development and execution of a differentiated product strategy that drives profitable growth for the Commercial Gearing Business Unit within the IPS Segment Gearing Division. This role oversees the +$350M portfolio, managing product lifecycles and market strategies to ensure critical products are supported through each phase. The leader will balance portfolio investments, foster new product ideation, and prioritize vitality for A customers and A products. In addition, the position directs the product management function while providing oversight for strategic marketing and commercial operations excellence.

As a senior leader, this role combines strategic vision, sales engagement, and product development to achieve business objectives. The Director of Product Management is responsible for building a high-performing team that thrives in a fast-paced environment and consistently delivers exceptional results. This position also drives initiatives that expand market share and maintain superior customer service and satisfaction.

Key Responsibilities People Leadership

- Culture – Foster a culture of acting with a high sense of integrity, inclusion, engagement, responsibility, transparency and performance with a sense of urgency, in alignment with Regal Rexnord’s values.

- Talent Development – Attract, develop, grow and retain talent within the department to ensure the competency level of all employees is enough to be fully effective in their roles.

- Establish a results-oriented leadership style that measures and evaluates individual performance against clearly defined accountable competencies, responsibilities, and objectives.


Product & Strategic Marketing Leadership

- Serve as the overall owner of product P&L, ensuring profitability and growth across the portfolio.

- Establish and execute the transformational vision of the portfolio to achieve customer satisfaction and profitable growth.

- Manage the entire product life cycle of all product lines within the Commercial Gearing BU portfolio with an emphasis on our A products and new product ideation and development.

- Operate as the internal voice of our customers across development teams, (primarily Engineering, Sales and Marketing) through an understanding of market requirements, product definition, training and launch activities.

- Coordinate and lead Voice of Customer (VOC) processes to improve depth and quality of market and technology insights. Utilize VOC and business case analysis to develop strategy and unique value propositions that enable growth.

- Utilize VOC to develop products and market-based Mekko charts that create unique insights into market and technology needs. Define the competitive landscape and how we will win in each of our target product / market battlegrounds.

- Develop and implement standard work for product roadmaps that are market and technology driven and support both short- and long-term goals for the business.

- Develop and implement the go-to-market strategy in partnership with the division and IPS segment commercial leadership teams.

- Leverage the 80/20 principle and continuous improvement in all aspects of product management, decision making to design, shape and improve the overall portfolio resulting in product line simplification and cost savings.

- Develop and implement differentiated pricing strategies and processes for all products using 80/20 and value-based pricing. Monitor and manage pricing strategies, standard profit, and gross margin targets.

- Monitor and manage pricing strategies, standard profit, and gross margin targets.

- Lead the strategic marketing manager to define positioning, messaging, and go-to-market strategies.

- Ensure marketing initiatives support product growth and align with commercial objectives.

- Collaborate with other IPS Segment and division Product Managers to develop powertrain solutions that leverage combined product offering.

- Analyze and develop potential partner relationships that can either enhance current offerings or fill necessary gaps in the existing offering.

- Partner with division leadership to develop annual sales budgets, strategy plan, go-to-market tactics, and promotional plans for all products. Partner with division and IPS commercial leadership to deploy and achieve sales and profitability plans.


Commercial Operations Excellence

- Manage the liaison role between manufacturing operations and the sales team to ensure seamless communication and execution.

- Support addressing operational challenges such as delays, special orders, and reconfirmation of ship dates for priority customers.

- Partner with operations to resolve bottlenecks and maintain customer satisfaction.


Professional Experience & Qualifications

- Bachelor’s degree required in a related field and an advanced degree in Engineering or Business Administration preferred.

- 10+ years of marketing, product management and/or sales experience in an industrial goods manufacturing environment required.

- Proven leader with a true passion to win. Leads with Regal Rexnord’s Values (Integrity, Responsibility, Diversity, Engagement, & Inclusion, Customer Success, Innovation with Purpose, Performance, and Passion to Win).

- Advanced experience leading strategic planning process and policy deployment.

- Exceptional project management skills.

- Previous success building and leading high-performance teams in a global, matrixed environment.

- Proven experience bringing the 80/20 discipline to action across an entire product portfolio.

- Strong work ethic with proactive communication skills that encourage courageous conversations.

- In-depth experience in all aspects of product lifecycle management processes with standard, configured, and engineered industrial products.

- Strong understanding of selling and marketing in a global environment.

- Excellent attention to detail and organizational skills with the ability to manage multiple priorities independently.

- Deep understanding of customer buying cycle and decision-making process mapping.

- Strong experience developing and driving lead and opportunity funnel processes.

- Proven ability to influence and develop trust-based relationships with key stakeholders, including customers, internal partners, and industry leaders to advance the company's strategic goals.

- Strategic thinker with proven ability to develop and execute long-term plans aligned with organizational goals, analyze complex data to identify trends and opportunities, make calculated, data-driven decisions, and lead cross-functional teams to achieve strategic objectives.

Travel:

Some travel required (approximately 25%)– both US and international (Mexico).

Benefits

- Medical, Dental, Vision and Prescription Drug Coverage

- Spending accounts (HSA, Health Care FSA and Dependent Care FSA)

- Paid Time Off and Holidays

- 401k Retirement Plan with Matching Employer Contributions

- Life and Accidental Death & Dismemberment (AD&D) Insurance

- Paid Leaves

- Tuition Assistance

About Regal Rexnord

Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.

The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.

Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.

Equal Employment Opportunity Statement

Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, pregnancy, age, ancestry, national origin, genetic information, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you’d like to view a copy of the company’s affirmative action plan for protected veterans/individuals with disabilities or policy statement, please email Recruiting@RegalRexnord.com. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail Recruiting@RegalRexnord.com.

Equal Employment Opportunity Posters

Notification to Agencies

: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.

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