Principal Product Manager & Team Lead, Cardiovascular Surgery

Getinge in Wayne, NJ is seeking a Principal Product Manager and Team Lead for Cardiovascular Surgery. This onsite leadership role oversees a broad, strategically important product portfolio, mentors the Wayne CVS Product Management team, and coordinates cross-functional execution to drive lifecycle performance and growth. The position offers a competitive compensation package and comprehensive benefits aligned with senior leadership responsibilities.

Compensation: Base salary $210,000–$245,000 per year with a target bonus of 30%.

Benefits

• Health, Dental, and Vision insurance benefits
• 401k plan with company match
• Paid Time Off
• Wellness initiative and health assistance resources
• Life Insurance
• Short and Long Term Disability Benefits
• Health and Dependent Care Flexible Spending Accounts
• Commuter Benefits
• Parental and Caregiver Leave
• Tution Reimbursement
• Vision insurance

Responsibilities

• Hold high level responsibility for a broad and strategically significant Cardiovascular Surgery product portfolio.
• May directly manage a defined portfolio and/or individual Product Managers.
• Drive full product lifecycle management from concept through commercialization and post-launch optimization.
• Ensure portfolio alignment with strategic priorities and financial targets.
• Optimize portfolio mix based on growth, profitability, clinical relevance, and competitive dynamics.
• Serve as Leader for the Wayne Cardiovascular Surgery Product Management and PA Marketing/Training team.
• Provide mentorship and coaching locally and across ACT product management teams.
• Establish performance expectations and foster accountability.
• May directly supervise and manage Product Managers.
• Contribute to business strategy development and translate strategic objectives into actionable portfolio roadmaps.
• Lead multi-year product planning aligned with innovation pipelines and commercial growth objectives.
• Identify new market opportunities and unmet clinical needs.
• Support Annual Operating Plan (AOP) and Long-Range Plan (LRP) development.
• Provide oversight of major product management initiatives.
• Lead governance for complex, high-impact programs including launches and lifecycle initiatives.
• Manage risks, dependencies, and milestone adherence.
• Develop and support robust business cases for capital investments (CAPEX).
• Track product and portfolio performance relative to approved CAPEX requests post-launch.
• Monitor revenue, margin, ROI, and forecast performance.
• Implement corrective strategies when performance deviates from projections.
• Direct customer interface to understand customer experience and key requirements; resulting in strong messaging and customer strategy.
• Lead market analytics initiatives across the portfolio.
• Establish frameworks for competitive intelligence, pricing strategy, and market share analysis.
• Leverage clinical marketing expertise to translate clinical evidence into compelling value propositions that drive funnel activities.
• Drive data-informed decision-making that enhances customer centricity.
• Own creation and updates of all local product management procedures and support ACT standards.
• Establish best practices for lifecycle management and launch excellence.
• Ensure compliance with global regulatory and quality system requirements.

Requirements

• Bachelor’s degree in Business, Engineering, Life Sciences, or related field required.
• MBA or advanced degree preferred.
• 10+ years of progressive medical device product management experience
• Extensive experience in highly regulated environments (FDA, EU MDR, global regulatory frameworks).
• Clinical marketing experience required, including surgeon engagement and clinical data translation.
• Demonstrated success managing complex medical device portfolios.
• Prior people leadership or team lead experience preferred.

About Getinge

With a firm belief that every person and community should have access to the best possible care, Getinge provides hospitals and life science institutions with products and solutions aiming to improve clinical results and optimize workflows. The offering includes products and solutions for intensive care, cardiovascular procedures, operating rooms, sterile reprocessing and life science. Getinge employs over 12,000 people worldwide and the products are sold in more than 135 countries.