Overview:
Want to be part of creating Altria’s Non-nicotine future? Interested in building new brands, products and businesses that transform consumer experiences while driving strategy and creating future revenue streams? Have a passion for consumer-based learning, experimentation, and collaboration? If so, we want to speak with you!
We are seeking a highly qualified Director, Consumer Products & Innovation to join our team in Richmond, VA, or we are open to remote work arrangements.
The Director, Consumer Products & Innovation role requires a highly motivated professional who is ready to wear multiple hats, roll up their sleeves and get things done. You will function as the “co-founder” and lead both internal and external partners in building new brands and businesses (ventures). You will guide new ventures from the idea stage though early-market incubation and growth and take ownership of a broad range of recommendations and decisions to successfully drive new ventures.
What you will be doing:
- Inspire and lead cross-functional team to maximize venture potential and development speed
- Discover, pilot, and incubate new products, technologies, brands, and business models
- Use consumer, customer, and marketplace information to develop and translate insights into powerful brand/product propositions
- Brief and guide external and internal partners to develop and test branded concepts, product prototypes and final branded bundles
- Iterate lean experiments and develop go-to-market test strategy
- Lead development of business model, preliminary financials and learning plan for testing
- Develop and present venture plan recommendation, including a clearly articulated business plan, right to win, and KPIs
- Collaborate with internal and external stakeholders across all channels to ensure tests are aligned with business objectives and optimized towards shared goals
We want you to have:
- Bachelor’s degree and 10+ years of relevant consumer product experience taking new products from conception through launch
- Experience working in start-up companies and/or large companies implementing venture growth programs preferred
- Experience leading cross functional and multi-disciplinary projects
- Ability to drive collaboration, handle multiple priorities and work in an agile environment
- Proven track record of developing and successfully implementing innovation initiatives aligned to agreed strategies
- Demonstrated ability to develop strategy and translate it into solid branding and product requirements and actionable, holistic business propositions
- Strong analytical and creative problem-solving skills and a passion for the consumer
- Excellent communication skills, both written and verbal
- Must have a growth mindset, be comfortable with ambiguity and have courage, resiliency, and a drive for results
In addition to the opportunity to apply and develop your skills toward key business objectives, we offer an excellent compensation package including a competitive base salary, comprehensive health/vision/dental insurance, participation in our deferred profit sharing and incentive compensation programs as well as a relocation assistance package.
Company Overview: Altria has a leading portfolio of tobacco products for U.S. tobacco consumers 21+. Our tobacco companies – which have been the undisputed market leaders in the U.S. tobacco industry for decades – include some of the most enduring names in American business. In combustibles, we own Philip Morris USA, the maker of Marlboro cigarettes and John Middleton, manufacturer of Black & Mild cigars. Our smoke-free portfolio includes ownership of U.S. Smokeless Tobacco Company, the maker of Copenhagen and Skoal, and Helix Innovations, the maker of on! oral nicotine pouches. Additionally, we have a majority-owned joint venture with JT Group, Horizon Innovations, for the U.S. marketing and commercialization of heated tobacco stick products. Through a separate agreement with Philip Morris International, we have the exclusive U.S. commercialization rights to the IQOS* Tobacco Heating System® and Marlboro HeatSticks® through April 2024. Our equity investments include Anheuser-Busch InBev SA/NV, the world’s largest brewer and Cronos Group, a leading Canadian cannabinoid company. Each Altria company is an equal opportunity employer. We are committed to providing individuals with criminal records, including formerly incarcerated individuals and individuals with conviction records, a fair chance at employment. Learn more about Altria at www.altria.com and follow us on Twitter, Facebook and LinkedIn