Director, Product Management

Niron Magnetics, Inc.•Minneapolis, MN

9h•$170,000 - $210,000

About The Position

Niron Magnetics is seeking a Director, Product Management to build its product management function and own the product portfolio and its economics. The Director will set prices, hold the customer P&L for each program, decide how pilot production is allocated among customers, and route customer product requests to the teams that can deliver them. The role owns the product roadmap for the next 12 months and works from a shared roadmap with Product Marketing, which owns positioning and product targets beyond 12 months. The position reports to the Vice President of Commercial and will hire and lead the function’s first product managers as the company scales. The Director will define product lines within the current portfolio, establish processes and records, approve customer programs, and build alignment with operations on manufacturability and expected yield. They will own program-level customer economics, allocate pilot capacity, set customer delivery commitments, establish operating processes between Commercial and Operations, and partner with the Pilot organization to develop a product engineering function. The role also maintains the operating cadence and records used by commercial and operations teams, including demand forecasts, pricing and deal approvals, customer P&Ls, product request routing, and customer commitments. The role requires 10–20% travel for customer meetings and industry events. It may involve access to export-controlled information, technology, technical data, or Controlled Unclassified Information (CUI), subject to applicable review and safeguarding requirements.

Requirements

10+ years of product management experience in B2B industrial, materials, or component markets, including pricing decisions and P&L responsibility.
Experience setting prices using complex inputs and connecting pricing to value created for customers.
Experience forecasting demand and allocating constrained supply across customers and programs.
Experience taking products through a stage-gate development process with engineering and operations partners.
Experience hiring, building, and leading a team.
High proficiency with artificial intelligence tools and a bias toward building and automating.
Clear, concise writing for executive audiences.
Working knowledge of manufacturing processes, ideally powder-based, metals, or magnet manufacturing, and discrete manufacturing processes, sufficient to assess whether requests can be built today or require development.
Bachelor’s degree in engineering, materials science, physics, or a related technical field.

Nice To Haves

MBA or graduate degree in engineering or science.
Experience with electric motors, permanent magnets, powder metallurgy, audio transducers, data center cooling, or defense supply chains.
Product management experience through the transition from pilot to volume production.
Experience in automotive or other supply chains that use PPAP qualification.
Experience with pricing methodologies that compare a product with competing solutions at the device level.

Responsibilities

Build Niron’s product management function by defining product lines, establishing processes and records, and hiring and leading its first managers by the end of 2027.
Set prices and approve customer programs, including analyzing product value, aligning with Operations on manufacturability and expected yield, and structuring commercial terms for customer supply and offtake agreements.
Own the customer P&L for each program and report product portfolio economics to commercial and executive teams.
Route customer product requests and achieve commercial and operational alignment within defined SLA boundaries.
Allocate pilot production among customers and internal needs, set the sample queue order, and commit delivery dates and quantities within the supply declared by the pilot organization.
Own the product roadmap for the next 12 months, set product requirements for development projects, and resolve conflicts with customer and technical roadmaps owned by Product Marketing, Process Development, and Product Development.
Establish the operating system for interactions between Commercial and Operations.
Partner with the Pilot organization to establish a product engineering function and define the operating system between Product Engineering and Product Line Management.
Run the product management cadence and maintain shared operating records.
Conduct weekly sample and build reviews with pilot production, Quality, and Applications Engineering.
Maintain demand forecasts, design-for-manufacturing reviews of customer magnet designs, pricing files and deal approval records, customer P&Ls by program, product request routing logs, and customer commitment logs.
Travel 10–20% for customer meetings and industry events.