Senior Vice President, Product Development

Trove Brands - Lehi, UT

Full-time - Senior

Lehi, UT

About the position

The Senior Vice President of Product Development at Trove Brands is a key leadership role responsible for shaping the company's product strategy and driving innovation. This position involves leading a team of project managers, engineers, and designers to create exceptional products that meet market needs and exceed customer expectations. The role requires collaboration with cross-functional stakeholders and a focus on aligning product initiatives with overall business goals.

Responsibilities

• Report directly to the CEO as a member of the business executive team.
• Lead product strategy initiatives, ensuring alignment with overall business goals.
• Develop and communicate a clear product vision that inspires the team and drives results.
• Collaborate with cross-functional stakeholders to define product roadmaps and prioritize initiatives.
• Oversee research for new products, product enhancements, and product redesign.
• Manage the end-to-end product development process, from concept to launch.
• Work closely with engineering teams, suppliers, and manufacturers to ensure timely and high-quality product delivery.
• Drive innovation by identifying market trends and opportunities.
• Grow and mentor a team of talented technical professionals, including product managers, designers, and engineers.
• Foster a collaborative and innovative culture within the project development team.
• Set performance goals, provide regular feedback, and promote professional development.
• Work closely with other business functions, including operations, marketing, sales, and legal.
• Ensure seamless coordination between product development and other teams.
• Champion cross-functional collaboration to achieve organizational objectives.

Requirements

• Bachelor's degree in Engineering or a related field (an MBA is preferred).
• Minimum of 10 years of experience in product management, product development, or related roles.
• Ability to develop department budgets and spending criteria and manage to those expectations.
• Expertise in launching consumer packaged goods, ensuring Scope, Schedule and Cost.
• Proven ability to create and execute product strategies.
• Experience working with major US retailers and understanding their unique requirements.
• Sustained track record of developing 3-5 year product roadmaps.
• Familiarity and experience with offshore manufacturing processes.
• Knowledge of patents and intellectual property (IP) portfolio management.
• Excellent verbal and written communication skills.

Nice-to-haves

• Adaptability: Thrive in a dynamic and evolving environment.
• Critical Thinking: Analyze complex problems and make informed decisions.
• Project Management: Effectively manage resources, timelines, and budgets.
• Leadership: Inspire and motivate your team to achieve excellence.

Benefits

• 401k package with employer matching
• Maternity/Paternity leave
• Full indoor basketball/volleyball court
• Fully equipped fitness center (cardio, weights, functional fitness area, lockers and showers, etc.)
• Yoga studio
• Meditation/Nap room