Director Product Management - Paving Processing

Caterpillar Financial Services Corporation; Peoria (IL); On-site; USD 189,000 - 284,000; Full time

Benefits offered by this job

Medical, dental, and vision benefits

Paid time off (vacation, holidays)

401(k) savings plans

Health Savings Account (HSA)

Job summary

Caterpillar is seeking a Director of Product Management – Paving Processing to lead strategy and execution for the paving product line globally. You will drive revenue, ROA, market share, and services growth while aligning voice of the customer and market trends with technology strategy and supply chain dynamics.

This role requires leading a global team, delivering lifecycle management, and partnering with manufacturing, procurement, and dealers to optimize the full value chain.

Qualifications

• Bachelor’s degree or significant related experience with progressive responsibility.
• Ability to drive financial and operational performance including revenue and profitability.
• Experience leading in a global, matrixed organization.

Responsibilities

• Own and manage the overall business performance for the paving portfolio, including revenue, profitability, and market share.
• Define and execute product vision, strategy, and growth plans to optimize portfolio performance.
• Lead global cost, quality, and S&OP processes to achieve profitability and product availability.

Skills

P&L leadership

Strategic thinking

Execution excellence

Leadership

Organizational leadership

Competitive insight

Education

Bachelor’s degree

Job description

Career Area

Engineering

Job Description

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar, you're joining a global team who cares not just about the work we do – but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here – we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

This is Caterpillar

We have an exciting opportunity at Caterpillar for a Director of Product Management – Paving Processing to lead the strategy and execution of the product line business for paving products globally.

This position serves as the value chain entrepreneur responsible for all aspects of the product line business, ensuring the portfolio delivers expected contributions to short and long-term revenue, OPACC, profit, ROA, market share, quality, product availability, and services growth commitments. The Director will provide the primary business perspective to the Vice President of Product Management by integrating voice of the customer insights, global economic and competitive trends, technology strategy, product development direction, manufacturing and supply chain dynamics, and overall profitability for the assigned product business.

What You Will Do

Business & Product Line Leadership

• Own and manage the overall business performance for the Paving product portfolio, including revenue, OPACC, profitability, ROA, market share, quality, and services growth commitments.
• Define and execute product vision, business strategy, and growth plans to optimize portfolio performance and drive sustainable profitable growth.
• Provide strategic business insights and recommendations to senior leadership regarding product line performance, market opportunities, competitive positioning, and future investments.

Product & Technology Strategy

• Lead the development and execution of a compelling product vision, long-term technology strategy, and product roadmap for the paving portfolio.
• Drive New Product Introduction (NPI) alignment and product lifecycle strategies in partnership with engineering, manufacturing, and commercial teams.
• Ensure product offerings remain competitive through market-informed investment decisions and technology advancement.

Customer & Market Leadership

• Represent the voice of the customer by integrating customer insights, application requirements, market trends, and competitive intelligence into business and product decisions.
• Develop strategies that expand market share, strengthen customer loyalty, and improve customer satisfaction globally.
• Drive services growth through new offerings, enhanced value propositions, and customer-focused solutions.

Operations, Supply Chain & Quality

• Lead global cost, quality, and Sales & Operations Planning (S&OP) processes to achieve profitability, quality, and product availability objectives.
• Oversee capacity management, demand planning, inventory optimization, and assurance of supply across manufacturing facilities and suppliers.
• Partner with manufacturing, procurement, Equipment Processing Centers, service engineering, and suppliers to support production alignment and full product lifecycle performance.
• Ensure adherence to quality standards while driving continuous improvement across the value chain.

Leadership & Collaboration

• Build, coach, and lead a high-performing team, including leadership of leaders, while fostering a culture of accountability, development, and collaboration.
• Develop strong relationships across product, engineering, manufacturing, commercial, services, and dealer organizations to drive business results.
• Lead high-impact strategic initiatives on behalf of the Vice President of Product Management.

What You Have

• Education & Experience: Bachelor’s degree and/or significant related experience with progressive levels of responsibility
• Products and Services: Knowledge of major products, services, product groups, and service offerings with the ability to apply knowledge effectively across diverse business situations
• Product Strategy and Lifecycle Management: Ability to define product vision, manage portfolio strategy, and guide lifecycle decisions that align with long‑term business objectives
• P&L Leadership and Business Acumen: Demonstrated ability to drive financial and operational performance, including revenue, profitability, OPACC, ROA, cost, quality, and market share outcomes
• Service Excellence: Knowledge of customer service concepts and techniques with the ability to meet or exceed customer needs and expectations
• Organizational Leadership: Ability to lead leaders, align teams around strategic objectives, and build high-performing organizations
• Strategic Thinking: Ability to leverage customer, market, and business insights to establish priorities and create competitive advantage.
• Execution Excellence: Proven track record of delivering results in complex, matrixed environments through effective prioritization and cross‑functional collaboration
• Competitive Environment: Knowledge of business market concepts and tools to gather, analyze, and communicate competitive insights
• Knowledge of Customers: Ability to understand customer needs, product applications, and market requirements and translate them into effective business and product strategies
• Knowledge of Product Line: Knowledge of methodologies, tools, and techniques used to develop and manage product line strategies and processes

Top Candidates Will Also Have

• Demonstrated success leading a global product line, business segment, or value stream with accountability for revenue growth, profitability, market share, and return on assets
• Deep understanding of paving equipment, construction equipment, heavy equipment, or related industries, including customer applications, market dynamics, and competitive landscapes
• Proven experience developing and executing product strategies that drive long‑term growth, technology advancement, and portfolio optimization
• Experience leading New Product Introduction (NPI) programs and successfully aligning product, engineering, manufacturing, and commercial teams from concept through launch
• Strong business acumen and experience leveraging customer insights, market intelligence, and competitive analysis to influence strategic decisions
• Experience leading Sales & Operations Planning (S&OP), capacity planning, inventory management, and supply chain initiatives to improve business performance
• Demonstrated success leading leaders and developing high-performing teams within a global, matrixed organization
• Experience working across the full value chain, including manufacturing, procurement, suppliers, dealers, and commercial organizations
• Strong executive presence with the ability to influence senior leaders, drive organizational alignment, and communicate strategy effectively
• Proven track record of leading transformational initiatives that improve customer value, operational performance, profitability, and long-term competitiveness

Additional Info

• The primary location for this position is Peoria, IL
• Domestic relocation assistance is available for those who qualify
• Sponsorship is not available
• International and Domestic travel up to 25%
• This position is eligible for stock or other equity grants pursuant to Caterpillar’s long-term incentive plan

About Caterpillar

For more than a century, Caterpillar has helped build a better, more sustainable world. With 2025 sales and revenues of $67.6 billion, Caterpillar Inc. is shaping the future as the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Backed by one of the largest independent global dealer networks and financing services through Cat Financial, the company’s primary business segments: Power & Energy, Construction Industries and Resource Industries are solving customers’ toughest challenges through commercial excellence and advanced technology, driven by a highly skilled, dedicated global team.

Summary Pay Range

$189,080.00 - $283,630.00

Compensation and benefits offered may vary depending on multiple individualized factors, job level, market location, job-related knowledge, skills, individual performance and experience. Please note that salary is only one component of total compensation at Caterpillar.

Benefits

Subject to plan eligibility, terms, and guidelines. This is a summary list of benefits.

• Medical, dental, and vision benefits*
• Paid time off plan (Vacation, Holidays, Volunteer, etc.)*
• 401(k) savings plans*
• Health Savings Account (HSA)*
• Flexible Spending Accounts (FSAs)*
• Health Lifestyle Programs*
• Employee Assistance Program*
• Voluntary Benefits and Employee Discounts*
• Career Development*
• Incentive bonus*
• Disability benefits
• Life Insurance
• Parental leave
• Adoption benefits
• Tuition Reimbursement

* These benefits also apply to part‑time employees

This position requires working onsite five days a week.Relocation is available for this position.Visa Sponsorship is not available for this position.

Posting Dates

August 19, 2026 - August 25, 2026

Any offer of employment is conditioned upon the successful completion of a drug screen.

Caterpillar is an Equal Opportunity Employer, Including Veterans and Individuals with Disabilities. Qualified applicants of any age are encouraged to apply.