Director, Private Label Product Management

McKesson Corporation; Richmond (VA); Hybrid; USD 170,000 - 210,000; Full time

Benefits offered by this job

Competitive base pay

Bonus program

Benefits

Job summary

McKesson Corporation in Richmond, VA seeks a Director of Private Label Product Management to lead the development and execution of commercial, product, and portfolio strategy across assigned categories. The role involves coaching a team of Product Development Managers and partnering with Sourcing, QA, Brand, Supply Chain, Sales, and Finance.

You will own multi-year roadmaps, drive growth and profitability, and ensure on-time delivery with quality and compliance.

Qualifications

• Demonstrated success leading product development initiatives.
• Experience owning product category strategy and lifecycle management.
• Strong strategic thinking translating insights into strategies.

Responsibilities

• Act as executive owner for strategic product categories and drive growth.
• Lead cross-functional teams to execute portfolio strategies.
• Develop multi-year roadmaps balancing innovation and profitability.
• Coach teams and manage performance against objectives.
• Collaborate across sourcing, QA, brand, marketing, sales, and finance.

Skills

Leadership

Product strategy

Portfolio management

Cross-functional leadership

Healthcare product experience

Team development

Education

Degree or equivalent experience

Job description

McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve - we care.

What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow’s health today, we want to hear from you.

Director, Private Label Product Management

Location:

Richmond, VA, USA - 9954 Mayland Drive - hybrid-2-3 times in office. No remote offered currently. May consider those outside of Richmond, but, relocation currently not offered

Competitive base pay, benefits, bonus program

Position Overview:

• The Director, Medical Surgical Brands Product Management is responsible for leading the development and execution of the commercial, product, and portfolio strategy across assigned categories while providing leadership, coaching, and direction to a team of Product Development Managers. This role combines direct category ownership with responsibility for ensuring the successful execution of the broader McKesson Brands product development pipeline.

• This individual will foster a culture of accountability, collaboration, and execution excellence while partnering closely with leaders across Sourcing, Quality Assurance, Brand Management, Supply Chain, Product Marketing, Sales, Finance, Legal, Regulatory, and external supplier partners.

• The Director is accountable for coaching and developing talent, establishing clear performance expectations, portfolio priorities, and ensuring projects are delivered on time and in accordance with quality, compliance, customer, and financial objectives

Key Responsibilities:

Product Ownership & Strategic Leadership

• Act as the executive owner and "business leader" for assigned strategic product categories, developing and executing commercial, portfolio, and innovation strategies that drive sustainable growth and profitability.

• Serve as the product leader for assigned product portfolios, providing strategic recommendations regarding portfolio expansion, rationalization, innovation investments, and long-term growth opportunities.

• Develop and maintain multi-year product roadmaps aligning with category growth forecasts that balance innovation, lifecycle management, profitability, and customer value.

• Provide strategic leadership and recommendations regarding product assortment, revenue growth, profitability, portfolio performance and product enhancement and positioning opportunities, ensuring alignment with company financial and strategic objectives.

• Lead Voice of Customer activities to identify emerging customer needs, market trends, and competitive opportunities that support long-term growth.

Team Leadership & Talent Development

• Lead, coach, and develop a team of Product Development Managers responsible for product management, product development and commercialization activities.

• Manage clear objectives, performance expectations, and accountability measures aligned with departmental and organizational goals.

• Create an environment that promotes ownership, innovation, continuous improvement, and cross-functional collaboration.

• Provide coaching and mentorship to enhance business acumen, strategic thinking, project leadership, and stakeholder management capabilities.

• Champion a culture of accountability, "ownership", and execution excellence while driving continuous improvement of product management and product development capabilities, processes, governance standards, and best practices across the organization.

Product Development & Commercialization Excellence

• Provide leadership and oversight for new product development initiatives from concept through commercialization, ensuring successful execution against scope, timelines, quality standards, and financial objectives.

• Ensure rigorous business case development and evaluation processes are consistently applied across the organization.

• Provide leadership and cross-functional direction for product validation, evidence generation, and product claims strategies to support regulatory requirements, product differentiation, customer adoption, and commercial success.

• Ensure customer insights, competitive intelligence, and market requirements are effectively translated into product requirements / specifications, value propositions, and commercialization plans.

• Partner with Product Marketing and Sales leadership to influence go-to-market strategies, product positioning, value-proposition communication, and launch effectiveness

Portfolio & Pipeline Governance

• Lead and drive project performance, key milestones, risks, and dependencies across the product development portfolio.

• Lead portfolio expansion & portfolio optimization efforts, including new product introductions, product enhancements, lifecycle management, and rationalization initiatives based on customer value, strategic alignment, profitability, and market opportunity

Cross-Functional Leadership

• Partner with leaders across Sourcing, Quality Assurance, Brand Management, Product Marketing, Sales, Finance, Supply Chain, Regulatory Affairs, Legal, and Operations to ensure alignment and successful execution of business priorities.

• Influence and align stakeholders across a highly matrixed environment to drive efficient decision-making and execution.

• Collaborate with sourcing teams to support strategic supplier selection, product transitions, and supplier innovation initiatives.

• Build and maintain executive-level relationships with key supplier partners to advance innovation and business objectives.

• Partner with Product Marketing, Sales, and Finance to influence product positioning, profitability and growth strategies that strengthen competitive advantage and customer value.

• Partner and influence commercial decision-making through data-driven analysis of new and existing products, market trends, competitive dynamics, category performance, and customer needs.

Minimum Requirements

• Degree or equivalent experience. Typically requires 12+ years of professional experience and 4+ years of management experience.

Critical Qualifications:

• Demonstrated success leading product development initiatives in finished goods from concept development through commercialization and lifecycle management; healthcare, medical device, or regulated product experience preferred.

• Demonstrated experience owning product category strategy, product lifecycle management and revenue growth objectives within a product management, category management or product development environment.

• Proven ability to lead and develop teams, establish clear accountability, and drive execution against individual and organizational objectives.

• Strong strategic thinking skills with the ability to translate business objectives, customer insights, and market opportunities into actionable product and portfolio strategies.

• Experience managing product portfolios, development pipelines, and competing priorities across multiple initiatives and stakeholders.

• Customer-centric mindset with a proven ability to identify unmet customer needs and translate insights into commercially