Job Description

Littelfuse (NASDAQ: LFUS) is a diversified industrial technology manufacturing company shaping solutions for the safe and efficient transfer of electrical energy. Headquartered in Chicago, Illinois, USA, we serve customers across industrial, transportation, and electronics markets worldwide. With approximately 16,000 employees we design and manufacture innovative technologies that support electrification, energy efficiency, and advanced automation. Our global reach is matched by a culture that empowers innovation and long-term growth. Guided by our principles We Care, We Succeed With Our Customers, and We Own the Outcome, we work collaboratively, think boldly, and deliver solutions that move industries forward.

Be instrumental in expanding the Littelfuse Magnetic Sensing portfolio and strategy, with a focus on Littelfuse’s Custom and Catalogue Magnetic Sensor Assembly product offering.
Direct and by delegation manage the product line including financials, organic and in-organic growth strategies, product roadmaps, NPD, and go-to-market

Responsible for determining and managing product line strategy through:

• P&L ownership of product line
• Analysis of markets, products, applications and technology trends
• Evaluation of competitive landscape
• Create business cases to drive new product development
• Successful NPI execution and NPC/NPS improvement
• Determine go-to-market strategy by region including focus distributors, product positioning and focus account selection and execution via global sales org
• Drive demand creation strategy for your products

Be part of an initiative to build a world class Magnetic Sensor portfolio

• Help define market, technologies, trends and opportunities
• Execute well across multi-discipline teams (R&D, Supply Chain, QA, Sales/BDM)

• Co-develop and drive continuous process improvement goals

Contribute to Business Development to determine partnership and investment opportunities to grow the product and BU through:

• Analysis of market, critical success factors, key segments, competition for attractive investment and development of business plans

• Engage with external companies to determine and execute on business development plans, including partnerships (PBL/GSS) and acquisition.

Develop Marcom strategies for the BU and its products in the target market segments, customers, and distribution channels.

• Bring Marcom in alignment with BU strategy and Marcom provides appropriate delivery vehicle.
• Work with direct and indirect reports to provide material in support of Marcom plan as well as new product releases or introductions

Education
Bachelor or university degree, BSEE (MSEE and/or MBA is a plus)

Experience

• >10 years' experience working in the electronics industry, preferably with experience in magnetic sensors (assembles) using various technologies, including reed switches and TMR
• Minimum of 7-10 years’ experience in product marketing and/or management
• Experience mapping markets, segments, evaluating product offering, competition, etc. to shape strategic direction of a product line or business
• Experience with owning product roadmaps and engagement with new product development to scope new product needs.
• Comfortable discussing engineering concepts/principles with customer design engineers in the field
• Must have excellent verbal, communication, and interpersonal skills to engage with customers & represent LF
• Experience in managing product line profitability including pricing authority
• Understanding of industry channel practices and dynamics
• Experience in partnering with other business units to develop and implement cost reduction plans
• Track record of relationship with sales leaders to drive execution of product line strategy
• Proven ability to work in a matrix organization and cross-functional team-based environment
• Ability to manage through conflict and differences of opinion.
• Self-directed with an ability to set priorities

#LIOB1

Artificial intelligence (AI) tools may be used in some portions of the candidate review process for this position, however, all final employment decisions will be made by a person.

Salary Range:

$104,400 - $161,760

The salary offered will vary depending on your location, job-related skills, knowledge, and experience.

At Littelfuse, we support employee growth and development. Guided by our culture principles, our teams work together to deliver value for customers and make a positive impact in the communities where we operate. We are an equal opportunity employer committed to fostering an inclusive workplace where everyone has the opportunity to grow and contribute. We offer competitive compensation and benefits, performance-based incentives, flexible work arrangements, and development opportunities.