Director Product Management

Woodward is committed to creating a great workplace for all team members. Our company and its members are committed to acting with integrity, being respectful and accountable to one another, and staying humble and driven, while maintaining the highest professional and ethical standards.

We are steadfastly committed to attracting the best talent across our communities creating a rewarding workplace. Together we are fulfilling our purpose to design and deliver energy control solutions our partners count on to power a clean future.

Woodward supports our members’ wellbeing and regularly benchmarks with other companies in our industry to offer an extensive Total Reward package for this position. Salary will be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data. 

• Estimated annual base pay:  $186,400 (minimum) - $233,000 (midpoint) - $279,600 (maximum)
• Long-term incentive compensation in the form of equity

• All members included in annual cash bonus opportunity. 
  • 401(k) match (4.5%)
  • Annual Woodward stock contribution (5%)
  • Tuition reimbursement and Training/Professional Development opportunities for all members  
• 12 paid holidays, including floating holidays. 
• Industry leading medical, dental, and vision Insurance upon date of hire

• Vacation / Sick Time / Vacation Buy-up / Short Term Disability / Bereavement leave. 
• Paid parental leave.
• Adoption Assistance  
• Employee Assistance Program, including mental health benefits. 
• Member Life & AD&D / Long Term Disability / Member Optional Life 
• Member referral bonus 

• Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible             Spending 
• Voluntary benefits, including:  

• Home / Auto Insurance discounts 
• Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave 

 Are you ready to make your mark? If you’re a Product Management Leader, we have an exciting opportunity for you. 

The Product Management Director is responsible for leading the product management team and driving the strategic vision, development, and lifecycle of the company's products. This role involves collaborating across departments, understanding customer needs, analyzing market trends, and ensuring products meet business objectives. The Product Management Director plays a critical role in shaping the company's competitive position and delivering exceptional value to customers
The Product Management Director will lead the strategic and tactical oversight of product strategy and lifecycle management to ensure the success of products in the marketplace and on the company’s income statement. This leadership role is critical to establishing and maintaining the product management discipline within the organization, driving margin expansion goals, improving cross-functional communication, and ensuring alignment with corporate objectives.

The Product Management Director will be responsible for leading Product Focus Teams, chairing product lifecycle management initiatives, and serving as the P&L advocate for product lines. This role requires a collaborative, disciplined, and forward-thinking approach to managing product health and wealth, ensuring all aspects of product strategy align with customer needs and organizational financial targets.

What You Will Be Doing 

Product Lifecycle Management:

• Collaborate with marketing and engineering to develop comprehensive product and technology roadmaps, MGPPs (Multi-Generation Product Plans), and strategies for upgrades, services growth, and pricing.
• Own product offering decisions, including product launches, authority to offer (ATO), superseding, phase-out, sunsetting, and removal of obsolete products.
• Oversee OEM and service products, repairs, spares, kits, catalogues, marketing collateral, and documentation.
• Approve product pricing in collaboration with marketing and sales; establish lead times with operations and sourcing.
• Set quality standards, corrective action levels, and budgets for engineering efforts to improve product reliability, quality, and first-pass yield.
• Ensure field support, corrective actions, and containment plans for reliability issues.
• Define New Product Introduction (NPI) project decks aligned with budgets, capacity impacts, and market strategies to achieve target pricing and business plan objectives.

Corporate Business Cycle