Solventum
Department : Marketing
Company: Solventum
Eden Prairie, MN | Full-time |
Company Snapshot
Solventum is a new healthcare company with a long legacy of solving significant challenges to improve lives and help healthcare professionals perform at their best. The company pioneers game-changing innovations at the intersection of health, material, and data science. At Solventum, people and their well-being are at the heart of every scientific advancement, guided by empathy, insight, and clinical intelligence. The workplace fosters collaboration with leading minds in healthcare to address customer challenges.
Role Overview / Mission
The Upstream Marketing Director, New Products is responsible for shaping and executing the franchise’s long-term innovation roadmap, known as the “Build” strategy, to drive growth and competitive advantage. This role leads the strategic and commercial success of new product initiatives from concept through commercialization. The director will directly impact the business’s future through strong market insight, strategic discipline, and leadership of a high-performing upstream team. This position requires close partnership with R&D, Regulatory, Clinical, Downstream Marketing, and Commercial teams to ensure successful execution of innovation insights into commercially viable products.
Key Responsibilities
* **Strategy & Innovation Roadmap**
* Define and maintain the franchise innovation roadmap, ensuring alignment between early-stage exploration and late-stage commercial strategy.
* Partner with the Front-end Innovation Director to translate identified opportunity spaces into actionable product strategies and project charters.
* Collaborate with Upstream leadership to prioritize investments and balance the portfolio across core, adjacent, and breakthrough innovations.
* Track and communicate the progress of new product initiatives (NPIs) against the Build strategy, ensuring project outcomes contribute to strategic and financial goals.
* Serve as a key member of the Global Upstream leadership team.
* **New Product Portfolio & Project Oversight**
* Ensure the marketing team delivers clear market rationale, customer insights, and competitive differentiation for all projects in the Build portfolio.
* Ensure unmet needs and opportunity areas translate into target concept profiles, value propositions, and business cases that guide R&D investment decisions and inform stage-gate decisions.
* Develop a strong partnership with Finance to ensure accuracy in project financial models and Net Present Value (NPV) assessments.
* Lead scenario planning and risk mitigation strategies across the portfolio of active NPIs.
* Be accountable for the quality and readiness of marketing deliverables for all stage-gate reviews.
* Partner with the Project Management Office (PMO) to ensure efficient stage-gate facilitation and project-level governance for timely project decisions and escalation.
* **People and Team Leadership**
* Lead, mentor, and develop a team of upstream product managers.
* Set performance expectations, provide coaching, and foster skill growth in strategic marketing, customer insight generation, and business case development.
* Champion continuous improvement of upstream skills, capabilities, processes, and tools.
* Create a culture of accountability, innovation, and strategic and financial rigor.
Required Qualifications / Skills
* Bachelor’s degree or higher in Marketing, Business Management, or a related field.
* 12 years of progressive experience in marketing, innovation strategy, and/or new product development roles.
Preferred / Nice-to-Have Skills
* Advanced degree (e.g., MBA, Economics, or related field).
* Experience in healthcare, medical devices, or other regulated industries.
* Knowledge of the advanced wound care market, including negative pressure wound therapies.
* Ability to thrive in an action-oriented and high-accountability environment.
* Proven ability to define and execute multi-year growth or innovation strategies.
* Experience with stage-gate processes and tools (e.g., Accolade) and portfolio governance.
* Exceptional strategic thinking, analytical ability, and financial acumen, with a track record of collaborating cross-functionally to deliver actionable recommendations.
* Strong cross-functional leadership and stakeholder management skills.
* Excellent written and verbal communication skills, executive presence, and storytelling ability, with experience presenting to C-level executives.
* Experience leading high-performing teams and developing future leaders.
Location & Work Setup
This is a remote position.
Travel required is 10-15%, both domestic and international.
Relocation assistance is not authorized for this role.
Candidates must be legally authorized to work in the country of employment without requiring sponsorship for employment visa status (e.g., H1B status).
Compensation & Benefits
For US applicants, the expected compensation range for this position is $222,044 – $271,387, which includes base pay plus variable incentive pay if eligible. This range represents a good faith estimate; the specific compensation offered may vary based on factors including the candidate’s relevant knowledge, training, skills, work location, and experience.
Solventum offers various programs to support employee well-being, both physically and financially, and regularly benchmarks its pay and benefits for competitiveness. This position may be eligible for a range of benefits, including Medical, Dental & Vision coverage, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences, and Retirement Benefits.
Timezone: Minnesota
Posted: Oct 23, 2025