Sr. Product Manager, Data Center Offerings (REMOTE)

Be a part of our mission! As a world leader in creating comfortable, sustainable, and efficient climate solutions for buildings, homes and transportation, it's our responsibility to put the planet first. For us at Trane Technologies, and through our businesses including Trane® and Thermo King, sustainability is not just how we do business—it is our business. Do you dare to look at the world's challenges and see impactful possibilities? Do you want to contribute to making a better future? If the answer is yes, we invite you to consider joining us in boldly challenging what's possible for a sustainable world.

About the role

The Sr. Product Manager, Data Center Offerings Portfolio will support a strategic segment of the portfolio for the North America Datacenter business unit. This portfolio starts with understanding market trends, customer needs, gaps in Trane’s portfolio, and the competitive landscape to initiate new offerings through internal NPD, sourced product/partnership, or potential M&A activity. The role involves defining and adopting product strategy, cross-functional team leadership, lifecycle management, multigenerational product plans, new product development, commercialization, customer research, supplier relationships, and go-to-market strategy. You will be accountable for meeting or exceeding Trane’s revenue growth targets, maintaining or growing market share, and expanding margin.

We seek a high-energy, results-driven product management professional capable of articulating a strategic vision and executing it to deliver business results. You will have excellent communication and executive presence and be seeking an opportunity to grow on a general manager track with a leading climate innovation company.

The work for this role is virtual.

Responsibilities

• Integral team member of the larger Datacenter Product Management team focused on expanding Trane’s presence in the datacenter vertical.
• Support and co-lead a sourced Product Growth Team (PGT) to fill gaps in the portfolio.
• Actively engage in the rapidly evolving Datacenter ecosystem, exploring and understanding new technologies.
• Evaluate "Make vs. Buy" decisions and potential M&A acquisition/partnership opportunities supporting the datacenter vertical.
• Lead product line strategy, long-range plan development, P&L, and annual operating plan for product lines.
• Manage tradeoffs between short- and long-term product line performance as measured in revenue, margin, and market share.
• Develop and execute channel strategy to drive growth in market coverage and closure rate.
• Actively manage day-to-day needs of the product line and strategic suppliers, focusing on profitable growth opportunities.
• Develop and execute a multigenerational product plan (MGPP) ensuring alignment with product positioning, pricing, cost, margins, and customer value proposition.
• Collaborate with other leaders and product managers to align product line strategy with broader system, services, and contracting initiatives.
• Work with the market research team to understand customer needs and define "Critical to Quality" specifications (CTQs) for product lines.
• Initiate and support business cases for new product developments (NPDs) that execute elements of the MGPP.
• Collaborate with the sourced program manager and cross-functional product development teams to deliver projects on time, meeting CTQs, and on budget.
• Create and execute marketing and commercialization plans for new product offerings and product enhancements with strategic suppliers.

Requirements

• More than 5 years of product management or strategic marketing experience.
• P&L leadership experience required.
• Bachelor's degree required; technical bachelor’s degree preferred.
• MBA highly desired.
• Experience in Datacenters, HVAC industry, and/or Lean experience preferred.
• Customer bias: Passion for understanding customer needs and positively impacting their business results.

Pay

Annual Base Salary Range: $113,600.00 - $204,609.99

Compensation Type: Salary

Incentive Eligible: Yes

Sales Commission Eligible: No

Benefits

• Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs with generous incentives.
• Family-building benefits including fertility coverage and adoption/surrogacy assistance.
• 401K match up to 6%, plus an additional 2% core contribution (total up to 8% company contribution).
• Paid time off includes 15 vacation days, 9 paid holidays, 3 floating holidays, sick leave, and additional options for volunteer and parental leave.
• Educational and training opportunities through company programs, tuition assistance, and student debt support.