Director of Business Development and Product Management MAG Electronics

Director of Business Development and Product Management MAG Electronics

Fairfield, OH, USA

Posted Thursday, November 20, 2025 at 7:00 AM

Standex International is a global industrial growth company operating through our market-leading brands in electronics, cutting‑edge forming technologies, engraving, and scientific refrigeration. We work with our customers to advance progress through innovation. From inventing and producing parts for next‑generation space vehicles to evolving vaccine refrigeration, designing functional textures for everyday products, improving renewable energy technology, and much more, we are focused on making what’s next possible.

We are seeking a Business Development Manager
. This individual will play a key role in identifying, evaluating, and executing strategic growth initiatives—ranging from market expansion and partnership development to M&A support. This role requires a strategic thinker and strong communicator who thrives in a matrixed, fast‑paced environment.

What You’ll Do

• Lead market analysis to identify high‑growth applications, regions, and customer segments.
• Develop business cases for organic and inorganic growth opportunities, including TAM/SAM/SOM analysis.
• Support the development and execution of long‑range strategic plans.
• Lead the annual strategy planning process; develop critical questions that will be validated via VOC, analyze gaps to the winning position, and design initiatives to close gaps.

Mergers & Acquisitions

• Work closely with the VP to manage the M&A funnel, including sourcing, qualification, and diligence.
• Build financial models, synergy assessments, and integration plans in collaboration with cross‑functional teams.

Cross‑Functional Collaboration

• Collaborate with Product Management, Sales, Engineering, and Operations to align growth strategies.
• Contribute to Voice of Customer (VOC) efforts and translate insights into strategic actions.

Project Management & Execution

• Lead cross‑functional teams to advance growth initiatives from concept through execution.
• Monitor progress, manage risks, and communicate updates to executive stakeholders.

Other

• Successfully identify strategic customers and build strong technical relationships with industry leaders.
• Set, monitor, report and achieve annual sales goals for assigned strategic growth laneways.
• Successfully track and improve Churn/retention rates influenced by product improvements

What You’ll Bring

• Bachelor’s degree in Engineering, Business, Marketing or related field; MBA or advanced degree preferred.
• 7 + years of experience in business development, strategy, or corporate development roles—preferably in an industrial or electronics manufacturing environment.
• Demonstrated success in leading complex business initiatives, including market entry, M&A, or partnership development.
• Strong financial modeling, analytical, and problem‑solving skills.
• Excellent communication and executive presentation skills.
• Ability to work across geographies and cultures with strong interpersonal and collaboration skills.

Key Performance Indicators

• Revenue growth on targeted initiatives

Growth targets will vary by initiatives, but since most initiatives will have financial models, goal will be to achieve noted objectives.

• M&A Advancement

Number of vetted M&A opportunities moved from initial contact to due diligence or deal execution stage per year (target: 5 quality targets annually).

• Strategic Initiative Execution Rate (OTD)

Percentage of strategic initiatives (e.g., market entry, partnerships, NPI commercialization) launched or completed on schedule (target: 90% on‑time execution).

• Churn/ Retention

Churn/retention rates influenced by product improvements

Equal Opportunity Employer. We consider candidates regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.