Executive Director, Consumer Product Development - REMOTE OPPORTUNITY

<div> <p><span style="font-size: 12.0pt;font-family: "arial narrow";background: white;">The Executive Director of Consumer Product Development will lead the Labcorp Consumer Product team focused on developing, building, and partnering to bring consumer health products and services to the consumer market. They will collaborate with many Labcorp teams including Science & Technology, Digital, Operations, Merchandising, and Marketing to develop new products/experiences and manage the consumer portfolio to support brand's strategic direction and financial goals. This individual will own the strategic product roadmap and lead operational readiness through the launch process. This role requires a high degree of leading through change, willingness to consistently challenge conventional healthcare thinking, and collaboration across the organization to accelerate the disruption of our industry through innovative, consumer-focused health solutions. We are looking for a consumer-focused, data-driven leader with a passion for exceeding customer expectations and a track record of delivering successful products and experiences.</span></p> <p><span style="font-size: 12.0pt;font-family: "arial narrow";"><strong><span style="background: white;">Responsibilities:</span></strong></span></p> <ul> <li><span style="font-size: 12.0pt;font-family: "arial narrow";"><span style="font-style: normal;"> </span><span style="background: white;">Identifies opportunities to bring new consumer products to market, based on the intersection of consumer health needs, market opportunities, and Labcorp's diagnostic testing strengths. </span></span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";"><span style="font-style: normal;"> </span><span style="background: white;">Leads a Product team to drive specific outcomes for Labcorp's consumer health business. </span></span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";"><span style="font-style: normal;"> </span><span style="background: white;">Defines innovative products to bring to market and create new revenue streams for the Consumer business, as well as other channels at Labcorp (e.g., physicians, employers, pharma, etc.). </span></span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";"><span style="font-style: normal;"> </span><span style="background: white;">Partners closely with Labcorp's Science & Technology team through the in-depth product development process to ensure product performance, quality, user experience, regulatory, etc. standards are met for successful in-market adoption. </span></span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";"><span style="font-style: normal;"> </span><span style="background: white;">Defines operational readiness plan and leads execution as part of the go-to-market launch.</span></span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";"><span style="font-style: normal;"> </span><span style="background: white;">Manages product plan to deliver on financial targets as well as project how product roadmap will connect to revenue goals.</span></span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";"><span style="font-style: normal;"> </span><span style="background: white;">Guides team to create compelling value propositions and messaging that inform marketing campaign development and go-to-market strategies.</span></span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";"><span style="font-style: normal;"> </span><span style="background: white;">Defines and leads the consumer product roadmap and pipeline to support brand's strategic direction and revenue growth.</span></span></li> </ul> </div><p><span style="font-size: 8.0pt;font-family: "lucida sans";"><strong>Requirements:</strong></span></p><div><strong><span style="font-size: 12.0pt;font-family: "arial narrow";">Education Requirements:</span></strong></div> <div> <ul style="margin-top: 0.0in;"> <li><span style="font-size: 12.0pt;font-family: "arial narrow";">Bachelor's degree in Product Design, Marketing, Business Administration or related field. </span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";">Master's degree a strong plus</span></li> </ul> <div><strong><span style="font-size: 12.0pt;font-family: "arial narrow";">Experience Required:</span></strong></div> <div> <ul> <li><span style="font-size: 12.0pt;font-family: "arial narrow";"><span style="font-style: normal;"> </span>10+ years of related professional experience with demonstrated career path of increasing responsibilities.</span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";"><span style="font-style: normal;"> </span>Has successfully developed and launched complex, multi-faceted consumer health or wellness products (e.g. home tests, DNA tests, med devices, fitness trackers, etc.).</span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";">Experience managing existing products, with an ability to extend existing products to new markets and identify product enhancements for growth.</span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";">History of building, developing, and inspiring top performing product development teams including cross-functional teams made up of user experience, product development, engineering and marketing.</span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";">Proven and demonstrated strategic leadership skills - ability to create compelling rationale for ideas and develop thorough and thoughtful business cases</span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";">Strong consumer and market focus; adept at defining and evaluating consumer unmet needs to gain market position</span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";">Track record in delivering products on time, on budget, that meets financial goals</span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";">Strong financial acumen, with familiarity of budgets, forecasting, P&L management, and business planning </span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";">Collaborative and ability to lead through influence, and bring cross-function teams and executives along. </span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";">Excellent communication skills, both verbal and written, and an ability to simplify complex concepts and communicate to all levels of the organization.</span></li> <li><span style="font-size: 12.0pt;font-family: "arial narrow";">Comfortable working in dynamic and high-growth settings.</span></li> </ul> </div> </div>