Product Manager

About ITT

ITT is an industrial manufacturer of critical, engineered components that serve fast‑growing end markets in transportation, flow, energy, aerospace and defense. The company’s differentiation is sustained through a combination of several factors: execution, the quality of its leadership and our DNA as an engineering leader. We have a clear purpose as an organization: to provide our customers with cutting‑edge solutions to help solve their most critical needs.

The company generated 2023 revenues of $3.3 billion and is comprised of three distinct segments:

• Motion Technologies ($1.5 B revenue) is a global leader in brake pads, shock absorbers and sealing solutions for the automotive and rail markets.
• Industrial Process ($1.1 B revenue) is a global leader in centrifugal and twin‑screw pumps for the chemical, energy, mining and industrial markets.
• Connect & Control Technologies ($0.7 B) is a niche player in harsh environment connectors and control components in critical applications for the aerospace, defense and industrial markets.

ITT is headquartered in Stamford, Connecticut with over 10,000 employees in more than 35 countries and sales in approximately 125 countries.

ITT Control Technologies is a global engineering and manufacturing company with leading positions in the markets it serves. We design, develop and manufacture valves, actuators, pumps, switches, aircraft seat actuation systems for aerospace and various products for industrial applications and provide an ideal workplace environment in which to create a rewarding career. We are looking for team players with the talent and drive for excellence.

We strive to create value for our employees by providing challenging workplace assignments.

ITT Control Technologies offers an incredibly attractive benefits program. Our employees enjoy medical and dental coverage, 401(k) savings plan, life insurance protection, sickness and accident income protection, a generous vacation and holiday program, tuition reimbursement program, and a program that allows you to use tax‑free dollars to pay for many health care and dependent care expenses.

The Product Manager will be responsible for the profitable growth of all assigned product lines and/or business portfolios. The individual will define and implement new product introduction (NPI) strategies, provide technical application assistance and product support to sales staff. The Product Manager will coordinate pricing and product rationalization activities, champion new products through ITT Value Based Product Development (VBPD) and perform product portfolio analysis through the Value Based Management (VBM) process.

This position will facilitate communication between operations, engineering, sales and customer service as a primary customer interface and advocate to develop, communicate, and deploy Product Roadmaps.

• Assume responsibility for assigned Product Management area, to include product planning and strategies.
• Manage portfolio and product roadmaps for assigned product group.
• Recommend, investigate, and document new product opportunities.
• Coordinate with SIOP Manager/Process in adjudicating and prioritizing demand and Engineering leadership to ensure resource supply is adequate to meet supply plan.
• Champion new products through the product development process, including opportunity prioritization, completion of activities and ensuring new product introductions occur per schedule.
• Conduct, coordinate and manage product launches, including support of Marketing Communications materials.
• Maintain direct contact with key customers, distributors and agents worldwide via an active travel agenda and participate in industry trade shows.
• Develop and maintain key business contacts within the industry.
• Assist with the development of technology roadmaps for the company and assist Engineering and Sales in converting these roadmaps into new concepts and product offerings.
• Develop and execute strategies to drive growth, retention and profitability and optimize market penetration.
• Proactively seek, identify and recommend potential teaming and acquisition targets, in conjunction with…