Portfolio Management Director - Delivery Systems

About Heraeus

Making displays foldable? Helping hearts beat with medical innovations? Or breathing new life into precious metals? As a family-owned global technology group we help our customers to always being one step ahead.

Together we improve lives. At Heraeus Medevio, we bring lifesaving and life-changing medical devices to market through partnerships with medical device manufacturing companies. Backed by Heraeus Group, we are committed to the growth of our teams and organization by providing an open space for open minds.

To reach our vision of improving 100 million lives every year, we foster a culture of curiosity that thrives on challenge, continuous learning, growth, and the opportunity to try new things. With sites in the United States, European Union, and Asia, and over 2,200 employees worldwide, together, we will meet tomorrow's challenges today.

The Portfolio Management Director - Delivery Systems is a strategic business leader responsible for the end-to-end ownership of the Delivery Systems product portfolio. The Portfolio Management Director drives growth, profitability, and innovation by leading strategy development, market analysis, product lifecycle management, and cross-functional execution. The Portfolio Management Director serves as the business owner of the portfolio, accountable for its commercial success from concept through end-of-life, and acts as a key interface between customers, internal stakeholders, and executive leadership.

This position is based out of the Fridley, MN office with travel up to 30%.

• Set the long-term vision and strategy for the portfolio, aligned with corporate objectives and market dynamics.
• Own the portfolio’s business performance, including revenue, margin, and market share targets.
• Develop and maintain a multi-year strategic roadmap encompassing product, technology, and capability development.
• Continuously scan the market to identify growth opportunities, including M&A, partnerships, and licensing.
• Lead competitive analysis and customer segmentation to inform strategic decisions.
• Build business cases for new opportunities, including financial modeling, strategic fit, and customer value proposition.
• Lead the full lifecycle of the portfolio — from concept, development, launch, growth, maturity, and end-of-life.
• Define and execute product pruning strategies to optimize portfolio performance.
• Ensure alignment of product roadmap with customer needs, market trends, and internal capabilities.
• Partner with Sales to develop and execute go-to-market strategies, including pricing, positioning, and channel strategy.
• Drive commercial success through targeted growth initiatives, customer engagement, and strategic account support.
• Collaborate with Marketing to lead promotional activities and market messaging.
• Lead cross-functional teams (Sales, R&D, Operations, Finance, Marketing) to ensure timely and successful execution of portfolio initiatives.
• Define and prioritize platform and project development, redirecting resources as needed to meet strategic goals.
• Implement efficient governance processes to ensure alignment and accountability across functions.
• Lead voice-of-customer (VOC) initiatives to define long-term customer needs and translate them into actionable strategies.
• Serve as a key customer‑facing leader, building strategic relationships and representing the portfolio in executive‑level discussions.
• Provide guidance to cross‑functional partners.
• Foster a high‑performance culture focused on innovation, accountability, and results.
• Other duties may be assigned as required.

• Bachelor degree in Engineering, Marketing, or Business required; MBA or advanced degree preferred.
• Minimum 10 years of relevant experience, including experience in the medical device manufacturing industry required.
• Demonstrated consistent growth in roles ideally in medical B2B organizations
• Demonstrated understanding of specified Delivery Systems market or product segment
• Strong strategic thinking and analytical skills, with the ability to perform strategic analysis, conduct strategic planning, build portfolio strategy, and…