SOLVENTUM

Compensation

Full Description

Thank you for your interest in joining Solventum. Solventum is a new healthcare company with a long legacy of solving big challenges that improve lives and help healthcare professionals perform at their best. At Solventum, people are at the heart of every innovation we pursue. Guided by empathy, insight, and clinical intelligence, we collaborate with the best minds in healthcare to address our customers’ toughest challenges. While we continue updating the Solventum Careers Page and applicant materials, some documents may still reflect legacy branding. Please note that all listed roles are Solventum positions, and our Privacy Policy: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ applies to any personal information you submit. As it was with 3M, at Solventum all qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Job Description: Upstream Marketing Director, New Products - Remote 3M Health Care is now Solventum At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers’ toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue. We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you. The Impact You’ll Make in this Role The Upstream Marketing Director, New Products is accountable for shaping and executing the franchise “Build” strategy – the long-term innovation roadmap designed to drive franchise growth and competitive advantage. In this role, you will be responsible for delivering the strategic and commercial success of new product initiatives (NPIs) from Concept to Commercialization. You will have a direct impact on shaping the future of the business through strong market insight, strategic discipline, and leadership of a high-performing upstream team. The role works in close partnership with the rest of Upstream leadership, PMO, R&D, Regulatory, Clinical, Downstream Marketing, and Commercial teams to ensure seamless execution of innovation insights into commercially viable products. Responsibilities will include the following: Strategy & Innovation Roadmap • Define and maintain the franchise innovation roadmap, ensuring alignment between early-stage exploration (FEI) and late-stage commercial strategy (Downstream) • Partner with the Upstream Marketing Director, Front-end Innovation (FEI) Director to translate identified opportunity spaces into actionable product strategies and project charters • Partner with Upstream leadership to prioritize investments and ensure portfolio balance between core, adjacent, and breakthrough innovation • Track and communicate progress of 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 underpin stage-gate decisions • Develop strong team partnership with Finance to ensure high-fidelity in project financial models and assessment of NPV • Lead scenario planning and risk mitigation strategies across the portfolio of active NPIs • Accountable for the quality and readiness of marketing deliverables for all stage-gate reviews • Partner with PMO to ensure efficient stage-gate facilitation and project level governance to ensure 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 Your Skills and Expertise To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications: • Bachelor’s degree or higher in Marketing, Business Management, or a related field and 12 years of progressive experience in marketing, innovation strategy, and/or new product development roles Additional qualifications that could help you succeed even further in this role include: • 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 Work location: Remote Travel: 10-15% domestic and international Relocation Assistance: Not authorized Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status). Supporting Your Well-being Solventum offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope. Applicable to US Applicants Only: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 for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.solventum.com/en-us/home/our-company/careers/#Total-Rewards Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties. Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process. Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers. Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains. Please note, Solventum does not expect candidates in this position to perform work in the unincorporated areas of Los Angeles County. Solventum is an equal opportunity employer. Solventum will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status. Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly. Solventum Global Terms of Use and Privacy Statement Carefully read these Terms of Use before using this website. Your access to and use of this website and application for a job at Solventum are conditioned on your acceptance and compliance with these terms. Please access the linked document by clicking here, select the country where you are applying for employment, and review. Before submitting your application you will be asked to confirm your agreement with the terms.