VP Product Development & Technology Mott

IDEX Corp

Farmington, CT

JOB DETAILS
SALARY
$203,600–$305,400 Per Year
SKILLS
Aerospace and Defense, Agile Programming Methodologies, Analysis Skills, Biology, Business Administration, Business Strategy, Continuous Improvement, Cost Estimates, Customer Relations, Customer Support/Service, Entrepreneurship, Establish Priorities, Fire Safety, Firefighting, Government, Government Grants, Health Science, IP (Internet Protocol), Intellectual Property (IP), Interpersonal Skills, Leadership, Maintain Compliance, Material Science, Materials Engineering, Multitasking, Negotiation Skills, Organizational Skills, Pre-Sales, Process Development, Product Development, Product/Service Launch, Project Execution, Research & Development (R&D), Safety/Work Safety, Semiconductors, Staff Development, Strategic Planning, Team Lead/Manager, Technical Leadership, Time Management
LOCATION
Farmington, CT
POSTED
30+ days ago

If youre looking for a special place to build or grow your career, youve found it. Whether youre an experienced professional, a recent college graduate, or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact. With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses, chances are we have something special for you.

IDEX Corporation (NYSE: IEX) is a leading global manufacturer of diversified products in industries ranging across health science, safety, fire, and fluidics. The company operates in 24 countries. IDEX is an innovative and growing company focused on delivering excellence through diverse winning teams. Were a global provider of applied solutions serving a variety of markets. These include life science and medical technologies, process industry, and infrastructure-related applications, industrial, municipal fire, and rescue, to name just a few.

What makes this role a GREAT fit for you? When you join Mott, a leader in the industries we serve, youll join an entrepreneurial, employee-owned, and fast-paced team and play a key role in our companys double-digit growth. We inspire employees to escape the ordinary to solve mission-critical problems for our customers and have fun along the way. From customer support to new product development, ensuring world-class quality of our products is at the core of our strategy for success. Youll work alongside smart, creative, motivated colleagues and have unlimited opportunities to learn, grow, and contribute. If youre excited to be part of a winning team, you will be glad you applied here.

VP Product Development & Technology

This role is the senior technical leader in the organization, responsible for all research & development, product development, technical innovation, and project execution in the business. As a Senior Leadership Team (SLT) member, this position is essential to steering the overall growth direction of the company.

Key Responsibilities

  • Define Technology Roadmap: Ultimate responsibility for the development and implementation of the companys technology roadmap.
  • Build Agile High-Performing Team: Build a high-performance organization of individual contributors, managers, and directors capable of executing company strategy.
  • Own Customer Relationships: Build and maintain senior-level technical relationships at top customers, using these relationships to drive product innovation needs.
  • Launch Product & Technology: Ultimate responsibility for product development, R&D, and product launch into operations.
  • Champion for Safety and Continuous Improvement: Drive a safety-first and continuous improvement mindset across our technical organization, protecting technology and ensuring compliance with CMMC, IP, and trade secret protocols throughout the innovation process.

Major Challenges

  • Must be able to prioritize across multiple simultaneous tasks to drive the best overall business outcome at industry-leading speed.
  • Must lead an agile team to flex and satisfy requirements of 6 different businesses.
  • Must develop a process to scale non-linearly to headcount.
  • Must be able to translate technical quality, commercial, and operational requirement differences across 6 major businesses and translate into the ability to capture technical value.
  • Must be comfortable being the Mott technology champion in front of customers and develop rapid pathways to a solution for customers, including working with customers, suppliers, and government partners.

Outcomes

  • Develop a technical roadmap capable of doubling EBITDA within a 3-year window.
  • Deliver roadmap milestones with 90% on-time delivery or better.
  • Within 180 days, define the current state organization, identifying missing skills, talent, and implement plans for key employee development.
  • Use customer relationships to drive at least 3 innovations quarterly in each of the top markets.
  • Cascade customer needs into the team for action.
  • Achieve 98% on-time delivery of product launches to within 10% as estimated cost.
  • Lead a safety-first culture throughout the technical organization to ensure the generation and closure of 200 safety opportunities annually.
  • Lead CI strategy in Engineering to find 7-figure efficiency savings annually.
  • Define the companys IP strategy and implement to achieve target IP, trade secret, and CMMC targets.

Education and Experience

  • Bachelors and Masters degree in Mechanical, Chemical, Industrial, or Material Science Engineering.
  • PhD a plus.
  • MBA a plus.
  • 15 years of industry experience in highly engineered solutions environments.
  • Semiconductor, Space Exploration, or Defense industry experience a plus.
  • 5 years of executive technical leadership.
  • Proven track record of IP generation, IP management.
  • Experience with Government grants and funding a plus.
  • Proven track record of deriving technical value, pre-sale, helping commercial teams capture 8-figure or above value.

Other Skills and Abilities

  • Innovation Mindset
  • Executive Leadership
  • Presence
  • Strategy Development & Execution skills
  • Interpersonal and Organizational skills
  • Customer Facing
  • Pre-Sale and Negotiation skills
  • Results Driven Leader
  • Self-directed
  • Analytic Thinker
  • Acts with Urgency
  • Life-Long Learner

Total Rewards

The compensation range for this position is $203,600.00 - $305,400.00 depending on experience. This position may be eligible for a performance-based bonus plan. Benefits Package Our comprehensive U.S. benefit offerings include Health benefits, 401k retirement savings program with company match, PTO, and more. More information on our benefits and rewards can be found on our career page: https://www.idexcorp.com/careers/our-benefits-and-rewards

IDEX is an Equal Opportunity Employer

IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity, or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state, or local laws.

Attention Applicants

If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at

lfcareers@idexcorp.com

for assistance with an accommodation.

These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application. This posting is for an existing vacancy.

Artificial Intelligence is Not Used to Screen, Assess, or Select Applicants

Job Family: Research and Development Business Unit Mott

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About the Company

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IDEX Corp