Standex International Corporation
Director of Business Development and Product Management MAG Electronics
Standex International Corporation, Fairfield, Ohio, United States, 45014
Director of Business Development and Product Management MAG Electronics
Fairfield, OH, USA
Overview Standex International is a global industrial growth company operating through our market-leading brands in electronics, cutting-edge forming technologies, engraving, and scientific refrigeration. We work with our customers to advance progress through innovation. From inventing and producing parts for next-generation space vehicles to evolving vaccine refrigeration, designing functional textures for everyday products, improving renewable energy technology, and much more, we are focused on making what’s next possible.
Standex Electronics is a worldwide market leader in the design, development and manufacture of standard reed switch-based sensor solutions and custom electro-magnetic components, including magnetics products. We are a global team of problem solvers who can provide custom and/or standard solutions through our diverse and dynamic capabilities. Our approach is to strategically partner with customers to conquer challenges and deliver reliable high-quality results through our engineering and components. These parts serve an array of markets globally, and through our customer driven innovation – improve the overall performance and efficiency at which end products operate.
Role We are seeking a Director, Business Development and Product Management. This individual will play a key role in identifying, evaluating, and executing strategic growth initiatives—ranging from market expansion and partnership development to M&A support. This role requires a strategic thinker and strong communicator who thrives in a matrixed, fast-paced environment.
What You’ll Do
Lead market analysis to identify high-growth applications, regions, and customer segments.
Develop business cases for organic and inorganic growth opportunities, including TAM/SAM/SOM analysis.
Support the development and execution of long-range strategic plans.
Mergers & Acquisitions
Work closely with the VP to manage the M&A funnel, including sourcing, qualification, and diligence.
Build financial models, synergy assessments, and integration plans in collaboration with cross-functional teams.
Cross-Functional Collaboration
Collaborate with Product Management, Sales, Engineering, and Operations to align growth strategies.
Contribute to Voice of Customer (VOC) efforts and translate insights into strategic actions.
Project Management & Execution
Lead cross-functional teams to advance growth initiatives from concept through execution.
Monitor progress, manage risks, and communicate updates to executive stakeholders.
Product Management
Facilitate the technical exchange between the customer and Standex engineering teams.
Successfully identify strategic customers and build strong technical relationships with industry leaders.
Develop and maintain a working knowledge of end product landscape.
Set, monitor, report and achieve annual sales goals for assigned strategic growth lanes.
Successfully track and improve churn/retention rates influenced by product improvements
What You’ll Bring
Bachelor’s degree in Engineering, Business, Marketing or related field; MBA or advanced degree preferred.
7+ years of experience in business development, strategy, or corporate development roles—preferably in an industrial or electronics manufacturing environment.
Demonstrated success in leading complex business initiatives, including market entry, M&A, or partnership development.
Strong financial modeling, analytical, and problem-solving skills.
Excellent communication and executive presentation skills.
Ability to work across geographies and cultures with strong interpersonal and collaboration skills.
Key Performance Indicators
Revenue growth on targeted initiatives. Growth targets will vary by initiatives, but since most initiatives will have financial models, the goal will be to achieve noted objectives.
M&A Advancement — Number of vetted M&A opportunities moved from initial contact to due diligence or deal execution stage per year (target: 5 quality targets annually).
Strategic Initiative Execution Rate (OTD) — Percentage of strategic initiatives (e.g., market entry, partnerships, NPI commercialization) launched or completed on schedule (target: 90% on-time execution).
Churn/Retention — Churn/retention rates influenced by product improvements.
Equal Opportunity Employer. We consider candidates regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
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Overview Standex International is a global industrial growth company operating through our market-leading brands in electronics, cutting-edge forming technologies, engraving, and scientific refrigeration. We work with our customers to advance progress through innovation. From inventing and producing parts for next-generation space vehicles to evolving vaccine refrigeration, designing functional textures for everyday products, improving renewable energy technology, and much more, we are focused on making what’s next possible.
Standex Electronics is a worldwide market leader in the design, development and manufacture of standard reed switch-based sensor solutions and custom electro-magnetic components, including magnetics products. We are a global team of problem solvers who can provide custom and/or standard solutions through our diverse and dynamic capabilities. Our approach is to strategically partner with customers to conquer challenges and deliver reliable high-quality results through our engineering and components. These parts serve an array of markets globally, and through our customer driven innovation – improve the overall performance and efficiency at which end products operate.
Role We are seeking a Director, Business Development and Product Management. This individual will play a key role in identifying, evaluating, and executing strategic growth initiatives—ranging from market expansion and partnership development to M&A support. This role requires a strategic thinker and strong communicator who thrives in a matrixed, fast-paced environment.
What You’ll Do
Lead market analysis to identify high-growth applications, regions, and customer segments.
Develop business cases for organic and inorganic growth opportunities, including TAM/SAM/SOM analysis.
Support the development and execution of long-range strategic plans.
Mergers & Acquisitions
Work closely with the VP to manage the M&A funnel, including sourcing, qualification, and diligence.
Build financial models, synergy assessments, and integration plans in collaboration with cross-functional teams.
Cross-Functional Collaboration
Collaborate with Product Management, Sales, Engineering, and Operations to align growth strategies.
Contribute to Voice of Customer (VOC) efforts and translate insights into strategic actions.
Project Management & Execution
Lead cross-functional teams to advance growth initiatives from concept through execution.
Monitor progress, manage risks, and communicate updates to executive stakeholders.
Product Management
Facilitate the technical exchange between the customer and Standex engineering teams.
Successfully identify strategic customers and build strong technical relationships with industry leaders.
Develop and maintain a working knowledge of end product landscape.
Set, monitor, report and achieve annual sales goals for assigned strategic growth lanes.
Successfully track and improve churn/retention rates influenced by product improvements
What You’ll Bring
Bachelor’s degree in Engineering, Business, Marketing or related field; MBA or advanced degree preferred.
7+ years of experience in business development, strategy, or corporate development roles—preferably in an industrial or electronics manufacturing environment.
Demonstrated success in leading complex business initiatives, including market entry, M&A, or partnership development.
Strong financial modeling, analytical, and problem-solving skills.
Excellent communication and executive presentation skills.
Ability to work across geographies and cultures with strong interpersonal and collaboration skills.
Key Performance Indicators
Revenue growth on targeted initiatives. Growth targets will vary by initiatives, but since most initiatives will have financial models, the goal will be to achieve noted objectives.
M&A Advancement — Number of vetted M&A opportunities moved from initial contact to due diligence or deal execution stage per year (target: 5 quality targets annually).
Strategic Initiative Execution Rate (OTD) — Percentage of strategic initiatives (e.g., market entry, partnerships, NPI commercialization) launched or completed on schedule (target: 90% on-time execution).
Churn/Retention — Churn/retention rates influenced by product improvements.
Equal Opportunity Employer. We consider candidates regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
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