Mattel

Director, Product Development - Innovation Ventures

Mattel • $186K — $220K *
Consumer Technology
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Engineering, Product Development, Operations, Program Management, Business, or a related field; advanced degree preferred.
  • 10+ years of experience in product development, program management, or related fields, with leadership experience.
  • Strong technical judgment in product development decisions involving specifications, feasibility, and manufacturing readiness.
  • Deep understanding of product development lifecycles and commercialization processes.
  • Experience leading cross-functional teams and resolving complex technical issues.
  • Proven ability to establish governance and reporting processes that enhance decision-making.
  • Demonstrated people leadership experience, including team building and talent development.

Responsibilities

  • Lead the Development workstream for a complex product portfolio and new brand, setting priorities and governance.
  • Serve as the senior decision-maker for technical trade-offs in product development.
  • Drive alignment across teams to ensure production readiness before launch milestones.
  • Establish readiness gates and escalation routines to surface risks early.
  • Resolve high-complexity product development issues, including technical risks and manufacturing constraints.
  • Partner with various teams to balance consumer experience, product performance, and manufacturability.
  • Oversee development planning and execution for assigned brands and new initiatives.

Benefits

  • Flexible work model with in-office days Monday-Thursday and remote work on Fridays.
  • Inclusive workplace culture that encourages diverse candidates to apply.
  • Opportunities for professional growth and development within the company.
  • Access to a supportive team environment that values collaboration and innovation.
Full Job Description
Job Description

The Opportunity:

Mattel is seeking a Director, Product Development to lead the Development workstream for an assigned, complex, and high-impact product development portfolio, including the establishment and development of a new brand. This leader will serve as a senior development decision-maker, aligning technical direction, product requirements, manufacturing readiness, cost, quality, safety, and schedule commitments from concept through commercialization.

Reporting directly to the SVP, the role partners closely with Product Development, Design, Manufacturing, Quality, Sourcing, Finance, Brand, external partners, licensors, and business stakeholders to resolve complex technical and execution risks, establish clear governance, and ensure products are ready for production launch. This leader will also strengthen development operating rhythm, technical escalation pathways, portfolio decision-making, and team capability for the assigned brand and related programs.

What Your Impact Will Be:
  • Lead the Development workstream across an assigned product portfolio and new brand, setting priorities, governance, decision rights, and operating rhythm to drive disciplined execution.
  • Serve as the senior development decision-maker for complex technical trade-offs, including feasibility, product specifications, materials, tooling strategy, manufacturing process, quality, safety, cost, and schedule implications.
  • Drive production-readiness alignment across cross-functional teams, ensuring development plans, technical requirements, BOMs, tooling plans, quality expectations, and manufacturing assumptions are integrated before key launch and production milestones.
  • Establish clear readiness gates, escalation routines, milestone reviews, and executive-level reporting to surface risks early and support timely business decisions.
  • Lead resolution of high-complexity product development issues, including requirement conflicts, technical risks, manufacturing constraints, cost challenges, supplier capability gaps, and schedule pressures.
  • Partner with Design, Engineering, Manufacturing, Quality, Safety, Sourcing, Finance, Marketing, Plant teams, and external partners to balance consumer experience, product performance, manufacturability, quality, cost, and speed to market.
  • Oversee development planning and execution for the assigned brand, related categories, licensed properties, and new product initiatives, ensuring plans are integrated from concept through commercialization.
  • Accountable for assigned portfolio development performance, including on-time commit, time to market, production readiness, quality metrics, cost targets, value engineering, risk mitigation, and execution discipline.
  • Drive strategic initiatives that improve how teams plan, develop, validate, and launch products, including process simplification, value stream mapping, scalable ways of working, and technical decision frameworks.
  • Build, coach, and develop a high-performing Development Program Management team, strengthening leadership capability, technical judgment, accountability, and cross-functional partnership.
  • Lead through global and cross-functional complexity, partnering with regional teams, manufacturing sites, suppliers, licensors, and business stakeholders to deliver against portfolio commitments.
  • Represent Development in senior leadership and executive-level discussions, providing clear recommendations, risk assessment, decision options, and trade-off analysis to support assigned portfolio and business priorities.


Qualifications

What We're Looking For:
  • Bachelor's degree in Engineering, Product Development, Operations, Program Management, Business, or a related field; advanced degree preferred.
  • 10+ years of progressive experience in product development, development program management, engineering, manufacturing, operations, or a related function, including experience leading teams and managing complex development programs or portfolios.
  • Strong technical judgment and demonstrated experience making or influencing senior-level product development decisions involving specifications, feasibility, tooling, manufacturing readiness, quality, safety, cost, and schedule trade-offs.
  • Deep understanding of product development lifecycles, milestone management, design-to-manufacturing handoffs, production readiness, commercialization processes, and portfolio financial drivers.
  • Experience leading cross-functional teams through ambiguity, resolving complex technical and business issues, and influencing senior stakeholders without always relying on direct authority.
  • Proven ability to establish portfolio governance, readiness gates, operating rhythms, escalation processes, and executive-level reporting that improve alignment, accountability, and decision-making.
  • Experience partnering with Design, Engineering, Manufacturing, Quality, Safety, Sourcing, Finance, Marketing, Plant teams, suppliers, and external partners in a global development environment.
  • Track record leading strategic initiatives, process improvement, Value Stream Mapping, value engineering, and cross-functional change efforts at scale.
  • Demonstrated people leadership experience, including building high-performing teams, developing talent, strengthening team capability, and leading through change.
  • Strong leadership presence, communication skills, stakeholder management, judgment, analytical problem-solving, and ability to translate complex technical risks into clear business recommendations.
  • Demonstrated a growth mindset by staying curious and continuously learning, embracing challenges, and improving themselves.


Additional Information

Don't meet every single requirement? At Mattel, we are dedicated to an inclusive workplace and a culture of belonging. If you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Join Mattel's Talent Community and start receiving exciting updates about our company, our employees, and our culture. Also, interested in signing up for job alerts? Do so here!

How We Work:
We are a purpose driven company aiming to empower generations to explore the wonder of childhood and reach their full potential. We live up to our purpose employing the following behaviors:
  • We collaborate: Being a part of Mattel means being part of one team with shared values and common goals. Every person counts and working closely together always brings better results. Partnership is our process and our collective capabilities is our superpower.
  • We innovate: At Mattel we always aim to find new and better ways to create innovative products and experiences. No matter where you work in the organization, you can always make a difference and have real impact. We welcome new ideas and value new initiatives that challenge conventional thinking.
  • We execute: We are a performance-driven company. We strive for excellence and are focused on pursuing best-in-class outcomes. We believe in accountability and ownership and know that our people are at their best when they are empowered to create and deliver results.

Our Approach to Flexible Work:
This role is an in-office role Monday-Thursday, and work from home on Fridays. We embrace a flexible work model designed to empower a culture of growth, optimism, and wellbeing, where every employee can reach their full potential. Combining purposeful in-person collaboration with flexibility, our focus is to optimize performance and drive connection for moments that matter.

The pay range for this position is between $186,000 and $220,000 annual. The pay range is indicative of projected hiring range, however base pay will be determined based on a candidate's work location, skills and experience. Mattel offers competitive total pay programs, comprehensive benefits, and resources to help empower a culture where every employee can reach their full potential.

Videos to watch:
The Culture at Mattel
Corporate Philanthropy

Videos To Watch
https://youtu.be/gWyvtJNrMno

About Mattel

Mattel, Inc. is a global toy company that designs, manufactures, and markets a wide range of toys and games. The company's brands include Barbie, Hot Wheels, Fisher-Price, American Girl, and more. Mattel's products are sold in over 150 countries and the company has manufacturing facilities in 10 countries. Mattel is committed to sustainability and has set a goal to achieve 100% recycled, recyclable, or bio-based plastic materials in all products and packaging by 2030. The company is also committed to diversity and inclusion and has been recognized for its efforts in this area.
Learn more about Mattel
Size
36,300 employees
Market Cap
$5.9 billion
Industry
Net Income
$126.6 million
Founded
1945
5 Year Trend
-4.3%
Revenue
$4.5 billion
NASDAQ

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