Vice President of Product Innovation
1 week ago
Company Overview:
Our client is a prominent manufacturing organization collaborating with leading Fortune 500 companies and well-known consumer brands to create successful products. They are in search of a forward-thinking Senior Director of Innovation.
Role Overview:
The Senior Director of Innovation will spearhead a vibrant technical team focused on enhancing the use of confectionary-based formulations within the Over the Counter (OTC) sector. This position is pivotal in driving innovation to secure a competitive edge in a swiftly changing market environment.
What This Position Offers:
- A competitive compensation package that includes bonuses, comprehensive health benefits (medical/dental/vision), and a 401(K) matching program.
- A workplace culture that emphasizes high employee retention and minimal bureaucratic obstacles.
- Financial stability, with the organization holding a substantial share of the market.
- A strong commitment to innovation, featuring dedicated resources for new product development and support for established brands.
- Exceptional autonomy, empowering you to influence your career path.
Key Responsibilities:
- Work closely with the Commercial team to outline the strategic direction and pipeline for a high-value OTC product portfolio.
- Lead the integrated Research & Development (R&D) and analytical laboratory teams to create and deliver a portfolio of monograph/New Drug Application (NDA) products.
- Oversee the product and analytical development journey from concept to market launch, collaborating cross-functionally with sales, marketing, and operations teams.
- Partner with Value Stream Leaders to effectively scale and commercialize products, ensuring that essential design criteria are fulfilled.
- Manage the portfolio/projects proactively, documenting development activities, assessing risks, and making critical decisions in conjunction with executive leadership.
- Enhance and oversee the product development process to promote efficiency and compliance.
- Establish and implement best-in-class tools, techniques, and methodologies to boost technical efficiency.
- Cultivate a culture of innovation and teamwork across various product teams and functional areas.
- Provide leadership at both the site and company levels by engaging in key organizational initiatives and driving corporate objectives.
Qualifications:
- Ph.D. in a relevant scientific discipline (e.g., chemistry, chemical engineering, pharmaceutical sciences).
- Over 15 years of experience in Research & Development, with a strong background in developing and commercializing both oral monograph and NDA drug products.
- More than 10 years of progressive leadership and management experience.
- Extensive experience in OTC product development across 505.B.2/NDAs & monograph drugs in the United States.
- An entrepreneurial mindset with a robust sense of ownership to maximize business value.
- Demonstrated ability to effectively engage and motivate senior leaders both internally and externally.
- Excellent communication skills, capable of representing the company and its products effectively with major CPG/pharma/retail clients.
- Strong analytical capabilities and business insight to drive innovation and effectively tackle challenges.
- Proven ability to lead and mentor cross-functional teams, fostering a culture of continuous improvement.
- Proficiency in Microsoft Office suite and other relevant software applications.
About Blue Signal:
Blue Signal is an award-winning executive search firm with a proven track record of placing top talent in the manufacturing and industrial sectors, specializing in manufacturing leadership, engineering, supply chain, and logistics roles.
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