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Pricing Strategy Director – Cardiovascular

Pricing Strategy Director – Cardiovascular

CompanyMedtronic
LocationMinneapolis, MN, USA, Jacksonville, FL, USA
Salary$171200 – $256800
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, Expert or higher

Requirements

  • Requires a Baccalaureate degree (or for degrees earned outside of the United States, a degree which satisfies the requirements of 8 C.F.R. § 214.2(h)( 4)(iii)(A) and minimum of 10 years of relevant experience with 7+ years of managerial experience, or advanced degree with a minimum of 8 years of relevant experience with 7+ years of managerial experience.

Responsibilities

  • Lead a team of pricing professionals focused on U.S. and global pricing strategy and execution.
  • Lead the development and execution of pricing and contracting strategies across the Cardiovascular portfolio.
  • Influence pricing strategy on critical new product launches.
  • Oversee daily pricing operations and enable functional transformation through better processes, tools, and data-driven insights.
  • Achieve and exceed established price and margin targets, including Price & Mix Effect (PME), price increase programs, and margin improvement initiatives.
  • Lead the creation of pricing strategy for key new product launches and serve as a liaison between the global pricing teams and OU leadership.
  • Engage key business partners to understand commercial priorities and develop strategies to execute pricing & contracting strategies that protect and grow revenue and margin.
  • Evolve US and global governance processes that are aligned with Operating Unit strategies.
  • Oversee pricing & contracting policy & compliance processes, including delegation of authority, deal management, and proper execution and retention of customer contracts and related addendums.
  • Drive innovation and process improvement in partnership with the Global Commercial Office to deliver improved effectiveness and resource efficiency.

Preferred Qualifications

    No preferred qualifications provided.