Senior Director, Life Sciences (R&D) Innovation

Ashland Specialty Ingredients, GP

Are you the kind of person that is always thinking, sketching, seeking, and adjusting? Who needs to understand how things work and then figure out how they can work better? Are you a passionate, tenacious, solver who loves to work with others who share your drive? Are you positive, constructive, and ingenious?

Are you always solving?

Then we’d like to meet you and bet you’d like to meet us.

The Sr. Director, Life Sciences Innovation (R&D) will be responsible for developing, implementing and executing the Life Sciences Research & Development business strategy and leading our global R&D organization, encompassing Pharmaceuticals, Nutraceuticals, Agriculture and Portfolio Management. This position will be accountable for ensuring the delivery of R&D activities in support of portfolio development for the Life Sciences business unit and will be the single point of accountability for delivery of all R&D components of the global Life Sciences development portfolio.

The Sr. Director, Life Sciences Innovation (R&D) will provide strategic oversight of decision-making, leadership, planning and prioritization of product development for the business unit, including agility in effective and efficient use of resources and organizational structure across the network to meet business goals. It will be responsible for building talent and capabilities across the function to ensure the current and future health of the organization, collaborating cross-functionally, and delivering a high level of performance.

The Sr. Director, Life Sciences Innovation (R&D) will report directly to the CTO and will need to be able to report into the Wilmington, DE innovation center.

The responsibilities of the position include, but are not limited to, the following:

• Serve as a key member of both the Global Life Sciences and Global Technology senior leadership teams and share responsibility for division-wide business priorities.
• Oversee and supervise all R&D development and innovation efforts by the Global Life Sciences business unit
• Provide leadership and direction to a team of 8-10 direct reports and the Global Life Sciences R&D organization (~80 ppl). 
• Lead cross-functional teams responsible for formulating and developing specialty products that will fill gaps in the current portfolio and satisfy needs of the marketplace.  Evaluate and ensure the organization has the competencies and structure required to implement the long-term strategy. 
• Drive accountability for the selection and development of talent and succession within the organization to ensure an effective, sustainable model and talent pipeline. 
• Responsible for all aspects of the budget for Life Sciences R&D including capital and expense planning, managing to the monthly forecast, and cost reductions (as necessary). Budget, plan and direct product development activities for both current and new products
• Work as part of a team to identify, recommend, and coordinate merger & acquisitions targets and coordinate the integration of new acquisitions into the existing portfolio.
• Direct the design and development of new products and the improvement of existing products
• Responsible, along with commercial management team, to identify new product opportunities in life science business segments
• Partner with global teams in Manufacturing, Supply Chain and Regulatory to bring new products from development to commercialization and ensure operational excellence. Collaborate and develop strong relationships with human resources, finance, and other center-led functions to ensure effective partnerships and alignment.
• Drive portfolio valuation process and prioritization analyses, and provide strategic recommendations and long-term portfolio context to optimize the return and risk of investments
• Contribute to competitive portfolio analysis and creation of differentiated portfolio strategies
• Respond to regular and ad-hoc portfolio requests from stakeholders to generate relevant inputs, and ensuring thorough analysis and timely recommendations to inform effective business decisions
• Coordinate and partner closely with functions across the organization to ensure alignment of portfolio strategic decision (e.g., costs, revenues, risk, timing)
• Forge close partnerships with other members of the Senior Leadership Team and other key stakeholders, ensuring “best practice” is incorporated into this business unit

In order to be qualified for this role, you must possess the following:

• Ph.D. in pharmacy, chemistry, chemical engineering, biology, or related scientific/technical discipline required.
• Pharmaceutical background with