Product Manager

Fortunebrands; Deerfield (IL); Hybrid; USD 90,000 - 143,000; Full time

Benefits offered by this job

Health plans

Market-leading 401(k) program

Product discounts

Flexible time off

Job summary

Fortune Brands is seeking a Product Manager to support a Moen water brand product line. You will align product offerings, channels, and pricing with customer and business goals, driving growth through strategic planning and cross-functional collaboration.

You will partner with Sales, Finance, Analytics, and Operations to guide product development, go-to-market, and ongoing performance. This hybrid role is based in Deerfield, IL, with travel up to 15% as needed.

Qualifications

• Bachelor's degree or higher in Marketing, Business, Engineering, or related field.
• 3+ years of product management experience in manufacturing, consumer durables, or related industry.
• Experience leading new product development from concept through launch using stage-gate or similar process.
• Ability to evaluate cost components and conduct competitive reviews.
• Translate technical concepts into clear customer value and drive analytical decision making.
• Experience partnering with cross-functional teams including engineering, supply chain, marketing and sales.

Responsibilities

• Develop strategic product plans by aligning pricing, distribution and promotions with long-term goals to support revenue and growth.
• Guide new product development and innovation initiatives through the stage-gate process with cross-functional partners.
• Build relationships with external customers to identify opportunities for category growth.
• Collaborate with Revenue Growth Management, Sales, Analytics and Finance to understand channel dynamics and pricing.
• Contribute to go-to-market strategies and guide product and business decisions.
• Support product launches with Operations, Manufacturing, Supply Chain and Quality insights.
• Advocate for the voice of the customer by understanding needs, preferences and market trends.
• Communicate product strategies clearly to stakeholders and provide training to internal teams and partners.
• Travel up to 15% to engage with customers and field teams.
• Contribute to additional projects as needed.

Skills

Product management

Cross-functional

Analytical skills

Communication

Travel 15%

Education

Bachelor's degree in Marketing, Business, Engineering, or related field

Tools

Microsoft Office (Excel, PowerPoint, Word)

Job description

Fortune Brands is hiring a Product Manager to support a product line within our Moen water brand. As a Product Manager , you will play an important role in supporting the growth and success of assigned product lines within the Moen B2C business, with a focus on adjacency opportunities that contribute to broader business goals. You will help shape product strategies by aligning product offerings, channels, and pricing in ways that meet both customer and business needs. This role calls for curiosity, empathy, and thoughtful analysis to understand market trends and customer experiences. You will work closely with cross-functional partners to develop meaningful strategies, communicate shared goals, and contribute to outcomes that strengthen market presence over time. This entails a strong business acumen with a technical aptitude to become a SME of the inner workings of the associated products you support.

Position Location

This is a hybrid position based in our world-class Deerfield, IL campus, with flexibility to work from home on Mondays and Fridays. The campus offers vibrant, collaborative workspaces, along with amenities for dining, onsite daycare, fitness, and recreation.

What you will be doing

• Support the development of strategic product plans by aligning pricing, distribution, and promotional approaches with long-term business goals to support sustainable revenue and market growth.
• Partner with cross-functional teams to guide new product development and innovation initiatives through the full stage-gate process.
• Build collaborative relationships with external customers by sharing insights and helping identify opportunities for category growth.
• Work closely with Revenue Growth Management, Sales, Analytics, and Finance teams to better understand channel dynamics and evaluate pricing strategies.
• Contribute to go-to-market approaches by sharing perspectives and helping guide product and business decisions.
• Collaborate with Operations, including Manufacturing, Supply Chain, and Quality, to support product launches and monitor ongoing product performance.
• Advocate for the voice of the customer by developing a deep understanding of customer needs, preferences, and market trends.
• Communicate product strategies and priorities clearly and thoughtfully to a variety of stakeholders.
• Support sales teams through training, participation in industry events, and ongoing engagement with partners and associations.
• Partner with Brand, Channel Marketing, Digital, and Commercialization teams to co-create marketing materials and promotional strategies.
• Review product-related communications to ensure clarity, consistency, and accuracy.
• Provide training and guidance to internal teams and external partners on product offerings and updates.
• Maintain regular, supportive communication with field sales teams, including occasional travel (approximately 15%).
• Contribute to additional projects and responsibilities as needed.

Requirements

• Bachelor's degree in Marketing, Business, Engineering, or related field.
• 3+ years of product management experience in manufacturing, consumer durables, or a directly related industry.
• Experience supporting new product development initiatives from concept through launch using a stage-gate or similar product development process.
• Experience in evaluating cost component structures and competitive review analysis.
• Ability to understand technical product concepts and help translate them into clear customer value.
• Strong analytical and communication skills to support collaborative decision-making.
• Experience partnering with cross-functional teams including engineering, supply chain, marketing, and sales.
• Proficiency in Microsoft Office (Excel, PowerPoint, Word).
• Willingness and ability to travel up to 15%.

Preferred Qualifications

• MBA or advanced degree in Marketing, Business, or a related field.
• Experience with both B2C and B2B product environments.
• Background in building products, home improvement, plumbing or durable goods.
• Familiarity with connected product technologies or smart home categories.

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $90,000 USD - $143,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates' unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits, adoption