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Illinois Tool Works

Global diversified manufacturer of industrial equipment

Global Segment Manager - Materials

Corporate StrategyConfirmed live in the last 24 hours
Full-timeNorwood, MA, USA$140k - $160k /yr

About the Job

Requirements

  • A bachelor's degree in Engineering, Materials Science, Business, Marketing, or a related technical discipline is required.
  • Typically 10 or more years of experience across strategic marketing, product management, business leadership, applications engineering, commercial leadership, or related functions.
  • Strong understanding of industrial manufacturing, engineering applications, materials testing, capital equipment, or related technical industries.
  • Demonstrated experience leading cross-functional initiatives and influencing organizational decisions.
  • Experience developing business cases, growth strategies, market assessments, and portfolio strategies.
  • Strong commercial acumen, including understanding of revenue growth, profitability, pricing, market share, and return-on-investment principles.
  • Experience operating within a global business environment.
  • Exceptional leadership, communication, influence, and interpersonal skills.
  • Strong strategic thinking, business planning, analytical, and problem-solving capabilities.

Responsibilities

  • Own the strategic direction, growth strategy, and long-term business plan for the global Materials Segment.
  • Lead strategies to achieve bookings, revenue, profitability, market share, and growth objectives.
  • Drive annual and long-range planning processes, aligning segment priorities with business objectives.
  • Analyze market trends, competitive dynamics, customer demand, and business performance to identify growth opportunities and risks.
  • Establish and track key performance metrics and lead regular business reviews to ensure accountability and execution.
  • Recommend resource allocation and investment priorities based on market attractiveness, competitive position, business impact, and return potential.
  • Serve as the primary business advocate and subject matter expert for the Materials Segment across the global organization.
  • Lead, coach, and develop a high-performing team focused on strategic marketing, market development, and segment growth.
  • Establish clear objectives, performance expectations, and development plans for team members.
  • Foster accountability, customer focus, collaboration, and continuous improvement.
  • Develop organizational capabilities in market intelligence, customer insight generation, portfolio management, and strategic planning.
  • Promote knowledge sharing and cross-functional collaboration throughout the organization.
  • Translate segment portfolio strategy requirements by collaborating with product managers across machines, accessories, software, services, and adjacent offerings.
  • Identify, evaluate, and prioritize new product, application, service, and market opportunities.
  • Lead customer-back innovation initiatives that transform customer insights into validated growth opportunities and business cases.
  • Champion opportunity assessment and investment decisions through innovation and development processes.
  • Partner with Product Management and Engineering to align product roadmaps with customer needs, market trends, and segment growth objectives.
  • Guide portfolio decisions balancing growth, profitability, customer value, and strategic differentiation.
  • Develop an understanding of customer workflows, testing requirements, pain points, buying behaviors, and emerging application needs.
  • Lead Voice of Customer initiatives, market research, customer visits, and competitive intelligence efforts to identify unmet needs and growth opportunities.
  • Build relationships with key customers, industry leaders, standards organizations, academic institutions, and strategic partners.
  • Monitor industry trends, regulatory developments, test standards, and technology advancements that may affect growth and customer requirements.
  • Translate customer and market insights into business strategies, portfolio priorities, and commercial initiatives.
  • Develop an understanding of segment ecosystems, customer value chains, competitors, and routes to market.
  • Represent Instron in relevant industry organizations and standards bodies, including ASTM and ISO.
  • Identify emerging standards and regulatory developments that create opportunities for market leadership.
  • Leverage industry relationships and standards leadership to strengthen market position and uncover growth opportunities.
  • Influence and align cross-functional teams around shared business priorities, growth initiatives, and investment decisions.
  • Partner with Product Management, Engineering, Operations, Service, Finance, and Commercial leadership to execute segment strategies.
  • Drive organizational action across global functions without direct authority.
  • Travel approximately 25–30%, including customer visits, industry conferences, trade events, global business meetings, and occasional international travel.

Desired Qualifications

  • An advanced business or technical degree is preferred.
  • Experience with capital equipment, industrial technology solutions, or materials testing is strongly preferred.
  • Experience engaging directly with customers, industry organizations, and standards bodies is highly desirable.

About the Company

Illinois Tool Works

Global diversified manufacturer of industrial equipment

ITW is a global manufacturer with a diversified portfolio of industrial products across seven segments, including automotive components, food equipment, welding systems, and construction tools. Its products are engineered and produced for OEMs and industrial customers, combining specialized components to meet the needs of large buyers. The company stands out through its multi-segment reach, large global footprint, and a business model that prioritizes the top 20% of customers to drive profitability and operational excellence. ITW aims for steady profitability and efficient operations by delivering reliable, value-added solutions across multiple industries.

Company size
5,001-10,000
Company stage
IPO
Headquarters
Glenview, IL
Founded
1912

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