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VP, Incubator & New Ventures in Ronkonkoma, NY at The Nature's Bounty Co.

Date Posted: 1/25/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Job Type:
  • Experience:
    Greater than 15 years
  • Date Posted:
    1/25/2019

Job Description

For more than 70 years, The Nature’s Bounty Co. has enriched the lives of consumers around the world and stood as the leader in health and wellness by introducing innovative products and solutions to the marketplace. Putting science and the highest quality standards at the heart of our business, the brands of The Nature’s Bounty Co. are some of the most trusted in the world. Always motivated by nature’s bountiful effects on people’s health, our vision for health and wellness has inspired leading brands such as Nature’s Bounty®, Sundown Naturals®, Solgar®, Osteo Bi-Flex®, Ester-C®, MET-Rx®, Pure Protein®, Balance®, Body Fortress®, Puritan’s Pride® and Organic Dr.®, among others. As a leading global manufacturer, marketer, distributor and retailer of vitamins, nutritional supplements, sports & active nutrition and ethical beauty products, The Nature’s Bounty Co. is committed to supporting wellness in all its forms.

Job Description

The Vice President, Incubator & New Ventures, will identify and commercialize future value drivers and U.S. commercial opportunities for the organization.  The position will be responsible for developing and executing the strategic direction for the incubation of new opportunities to bring innovative products to market, generating new value creation. 

The incumbent will ensure the use of customer/market insights to influence and craft growth agendas that expand the business boundaries and is responsive to ever-changing business and consumer needs.  This includes expanding through new brands, channels and offerings that align within or outside existing brands/business units.  

Additional responsibilities include, but are not limited to:

  • Lead a team of internal and external resources/contractors to develop, commercialize and market our products and solutions, which can include new operating models.
  • Identify and commercialize opportunities in new growth areas that will expand the business boundaries and be future value drivers.
  • Analyze and launch opportunities that the organization can ultimately scale up.
  • Work cross functionally to ensure collaboration and flawless execution in all areas of operational responsibility for these new brands and business while they scale up for inclusion in other business units. 
  • Incubate projects in growth areas; develop hypothesis, design, execute and measure to build business case for full commercialization.
  • Refine existing business ideas through research and customer feedback.
  • Discover unmet customer needs and extract customer needs/challenges that inspire ideas for future value drivers.
  • Evaluate new opportunities – organic and inorganic.
  • Collaborate with a network of internal and external partners to identify, launch and refine business ideas.
  • Partner across the North American Leadership Team to develop opportunities and leverage expertise from Centers of Excellence and business unit leads. 
  • Build cross-functional teams that can go from concept creation to graduation of concepts into businesses for scaling.
  • Develop plans and execute end-to-end work to launch a new opportunities.
  • Present recommendations, key findings, progress and challenges to Leadership Team(s).
Qualifications

  • 15+ years of strategic CPG brand marketing experience in progressively responsible leadership roles; consumer health/wellness industry strongly preferred.
  • 5+ years of experience in a leadership capacity.
  • Experience in driving transformation efforts with proven results in delivering strong sales and profit growth.
  • Relevant marketing/brand experience in a fast-paced, product-oriented and consumer-driven company.
  • Experience building new business opportunities and operationalizing them into the market.
  • Bachelor’s Degree in related discipline from an accredited institution required; MBA/Master’s degree preferred.
  • Broad knowledge of the growth process including inorganic and organic strategies (build, buy, partner).
  • Brand portfolio strategy & positioning.
  • Passion for the consumer and shopper experience.
  • Marketing vehicle prioritization, budgeting, ROI quantification.
  • Demonstrated entrepreneurial drive and ability to be a self-starter that can think “outside the box”.
  • Ability to articulate business case and influence key stakeholders.
  • Proactive, articulate leader with excellent interpersonal and presentation skills.
  • Strong business and financial acumen.
  • Promotes cross functional collaboration and holds teams accountable for results.
  • Intellectual curiosity and strong learning agility.
  • Superior written and communication skills.
  • Up to 25% travel required. 
Additional Information

The Nature's Bounty Co. is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. 

The Nature's Bounty Co. offers a competitive salary and a comprehensive benefits package, which includes health and dental plans, voluntary short-term and long-term disability, life insurance, flexible spending accounts, 401(k), tuition reimbursement, generous associate discounts and more! 

Please contact Human Resources at 631-244-2120 if you should need a reasonable accommodation to submit your information for our online job postings.