Full-Time

Senior Hardware Engineering Program Manager

Posted on 8/16/2024

Peloton

Peloton

1,001-5,000 employees

High-energy indoor cycling workouts at home

Consumer Software
Education
Consumer Goods

Compensation Overview

$168.4k - $227.4kAnnually

Expert

Bothell, WA, USA

Category
Project Management
Hardware Engineering
Business & Strategy
Required Skills
JIRA
Confluence
Requirements
  • 12 years of program or product experience in hardware development: consumer electronics, fitness equipment, appliances or automobiles
  • Bachelor degree in engineering or a related field.
  • Strong leadership skills and ability to inspire team members.
  • Project management training, certification, or experience, PMP certification preferred.
  • Experience managing projects with Asia-based manufacturing.
  • Detailed understanding of the Product Development Process and broad understanding of the supply chain and manufacturing processes.
  • Ability to speak and translate between technical and non-technical business partners.
  • Outstanding communication and presentation skills to influence stakeholders across various audiences including engineers, managers, and executives.
  • Experience with collaboration tools like JIRA and Confluence.
Responsibilities
  • Be the glue that helps the team get things done on time, on budget, in full.
  • Ensure all team members understand the business value and goals tied to the effort.
  • Scope and plan projects: set goals and important metrics, build project plans, identify key partners, identify risks and contingency plans, develop a change management plan.
  • Develop and manage program budgets and schedules for large projects from feasibility through launch.
  • Proactively identify, communicate, and resolve dependencies, risks, and issues.
  • Provide visibility by holding the responsibility for regular reporting to key stakeholders and executives on project and program changes and status.
  • Help the team with ongoing improvements to the Product Development Process.
  • Handle key supplier relationships including but not limited to engineering suppliers, contract manufacturers, component suppliers, and design and engineering freelancers.
  • Coordinate day-to-day operations associated with the project including ship items, unbox and set-up prototypes, answering supplier emails quickly, organize group meetings and calls, obtain samples, manage and organize all project documentation.

Peloton provides high-energy indoor cycling workouts through its exercise bike, which streams live and on-demand classes to users' homes. The bike features a large screen for classes led by professional instructors, catering to all fitness levels. Peloton's business model combines hardware sales with a subscription service for access to its extensive library of classes, creating a steady revenue stream. The company's goal is to offer a convenient and engaging way for people to work out at home, building a loyal community of fitness enthusiasts.

Company Stage

IPO

Total Funding

$967.6M

Headquarters

New York City, New York

Founded

2011

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Integration of AI-driven coaching enhances personalized workout experiences for users.
  • Hybrid fitness models expand engagement through in-person and virtual classes.
  • Wearable tech advancements improve Peloton's performance metrics and user engagement.

What critics are saying

  • Increased competition from fitness apps may draw users away from Peloton.
  • Closure of Vancouver store suggests financial or strategic challenges in retail.
  • Potential buyout by private equity firms could alter company strategy and offerings.

What makes Peloton unique

  • Peloton merges high design with technology for a unique fitness experience.
  • The company offers live and on-demand classes led by elite NYC instructors.
  • Peloton's business model combines hardware sales with subscription services for sustainability.

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Benefits

Comprehensive health & life benefits

Supporting families

Future planning

Education

Product discounts

Supporting our communities

INACTIVE