Full-Time

Director of Manufacturing Engineering

Confirmed live in the last 24 hours

Penumbra Inc

Penumbra Inc

1,001-5,000 employees

Develops medical devices for vascular conditions

Biotechnology
Healthcare

Compensation Overview

$190.9k - $256.3kAnnually

+ Competitive Compensation Package + Equity Program

Senior, Expert

Roseville, CA, USA

This position is onsite in Roseville, CA.

Category
Manufacturing Engineering
Mechanical Engineering
Required Skills
PowerPoint/Keynote/Slides
Requirements
  • 11+ years of related experience required
  • 6+ years of engineering management experience required
  • A Bachelor's degree in an engineering or related field
  • Experience in medical device industry strongly preferred
  • Excellent written, verbal and interpersonal skills, along with proficiency in Word, Excel, PowerPoint and other computer applications
Responsibilities
  • Establish and execute Manufacturing Engineering strategies stemming from Executive team vision and formed through partnership with peer Leaders
  • Provide engineering support, including line expansion, to Operations with a high level of customer service
  • Empower engineering teams to develop, implement, and monitor processes and equipment for manufacture of products to achieve cost effectiveness and product quality
  • Facilitate robust troubleshooting of problems to determine root causes and implement sustained solutions
  • Service Manufacturing Engineering needs within a global, multidisciplinary workforce
  • Mentor and develop cross-functional team members with the mentality that their success is your success
  • Support supplier management processes and maintain strong relationships with suppliers

Penumbra Inc. specializes in creating medical devices aimed at treating neurovascular and peripheral vascular conditions. Their products, such as the Penumbra System and the Indigo System, are designed to assist healthcare professionals in addressing issues like stroke and other vascular diseases. These devices work by providing advanced tools for interventions in neurology and vascular surgery, allowing for effective treatment options. Unlike many competitors, Penumbra focuses on a specific range of conditions and invests heavily in research and development to continuously enhance their offerings. The company's goal is to deliver high-quality medical devices that meet the needs of healthcare providers and improve patient outcomes.

Company Stage

IPO

Total Funding

$116.7K

Headquarters

Alameda, California

Founded

2004

Growth & Insights
Headcount

6 month growth

5%

1 year growth

11%

2 year growth

20%
Simplify Jobs

Simplify's Take

What believers are saying

  • Penumbra's recent product launches, such as the BMX81 and BMX96 in Europe, demonstrate their commitment to expanding and improving their product portfolio.
  • Significant investments from firms like Jennison Associates LLC and Algert Global LLC indicate strong financial backing and confidence in Penumbra's growth potential.
  • The company's participation in high-profile conferences like the Truist Securities MedTech Conference and the William Blair Growth Stock Conference highlights its industry recognition and thought leadership.

What critics are saying

  • The highly competitive medical device market requires Penumbra to continuously innovate to maintain its market position.
  • Regulatory challenges and the need for CE Marks and FDA approvals can delay product launches and impact revenue.

What makes Penumbra Inc unique

  • Penumbra's focus on both neurovascular and peripheral vascular conditions sets it apart from competitors who may specialize in only one area.
  • Their continuous investment in R&D ensures that they remain at the forefront of medical device innovation, particularly with recent launches like the Lightning Flash 2.0 CAVT technology.
  • Penumbra's global reach, serving healthcare providers in over 100 countries, provides a broad market presence that many competitors lack.

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