Klein Tools · 1 day ago
Director Product Management
Lincolnshire, IL
Full-time
Onsite
Director/Executive
$170K/yr - $210K/yr
7+ years expKlein Tools is a dynamic and results-driven company dedicated to launching innovative products each year. The Director of Product Management is responsible for leading the Product Management function of the Heavy Infrastructure Division, overseeing product managers, developing strategies for product lines, and ensuring effective market research and product development processes.
Machinery ManufacturingManufacturing
Responsibilities
Direct and manage the product management team
Develop short- and long-range strategies for multiple product lines to achieve strategic goals and maximize sale and profit objectives
Develop revenue and profit objectives for multiple product lines
Adjust marketing strategy to meet changing market and competitive conditions; monitor competitive products and marketing activities
Display leadership when working with cross-functional teams. Inspire and motivate the cross-functional team and outside partners
Ensure that product managers stay current with competitors and market trends through interactions with sales people, distributors, and end users through a variety of venues. Collect and maintain marketing information
Conduct market research as necessary. Responsible for planning and conducting in-depth marketing research when additional research is needed, such as specific market studies, focus groups, etc
Collaborate with marketing team to coordinate all marketing communications activity to communicate with outside customers (i.e. branding, advertising, public relations, and packaging)
Specify and maintain a system to identify delays or problems during the development of new products in order to resolve issues quickly
Work to improve new product time-to-market and the process that delivers those new products
Validate that product development projects follow the stage gates of the new product development (NPD) process. Work with others to improve the NPD process
Responsible for monthly reporting on current state of product management and new product development including achievement to corporate objectives. Publish monthly metrics on on-time performance and other metrics as required
Plan and control the product management budget. Help to plan the engineering product development budget
Perform all other duties as assigned
Qualification
Required
Bachelors Degree in Business, Marketing or Engineering
seven (7) years related work experience in product management, marketing, and product design
Must possess knowledge working with large home improvement retailers and electrical distributors
Must possess experience in evaluating markets, market trends, and customer and sales feedback to develop new product plans
Must possess knowledge in product portfolio planning
Must possess knowledge in Product Development Process background
Demonstrate strong planning, organizing and change management capabilities
Demonstrate strong financial modeling and forecasting skills
Demonstrate proficiency with Microsoft Office (Excel, Outlook, PowerPoint, Word)
Ability to lead cross-functional product development teams
Ability to demonstrate successful leadership experience - ability to recruit, develop team members, and retain talent within the organization
Ability to effectively communicate and present information to team members, top management, customers, and/or suppliers
Preferred
MBA or extensive business experience and experience in the hand tool industry
Benefits
Paid Vacations & Holidays
Profit Sharing & Matching 401(k)
Health Insurance (Medical, Vision, & Dental)
Discounts on Klein Tools products
Education and Professional Development Assistance
Company
Klein Tools
Klein Tools is a manufacturer of the hand tools.
1001-5000 employees
H1B Sponsorship
Klein Tools has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3)
2023 (1)
2021 (2)
2020 (1)
Funding
Current Stage
Late StageLeadership Team
M
Matthew Thomason
Chief Financial Officer
Thomas Klein
President and COO
Recent News
2025-11-24
2025-10-25
Company data provided by crunchbase