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New Product Development Program Manager

Trane Technologies

Minneapolis, MN · HybridFull-time$127–178K/yrSeen 1 day agoSeen in employer's feed 1 day ago

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At a glance

Compensation
$127–178K/yr
Location
Minneapolis, MNHybrid
Schedule
Full-time
Work Authorization
Not specified

Olive lists jobs from US employers, including remote roles you can work from the United States.

Requirements

Credentials this posting asks for.

PMP Or Equivalent PMI Certification

Job overview

The New Product Development Program Manager leads cross-functional teams through Thermo King’s structured Stage-Gate process, from requirements and prototype testing through product launch and handoff to operations. The role is accountable for program goals, timelines, budgets, and P&L activity, and drives execution, risk mitigation, and process improvement. It seeks experience in engineering, new product development, manufacturing, or industrial portfolio management; this is not an IT PMO role.

Skills & qualifications

RequiredNice to have

Skills

Stage-Gate ProcessCross-Functional LeadershipExecutive CommunicationP&L ManagementFinancial TrackingHardware Product DevelopmentManufacturing Product DevelopmentMS Project Orange Belt

Qualifications

Bachelor's Degree or Equivalent Experience7+ Years Program ExecutionPMP or Equivalent PMI Certification

Benefits

Medical Insurance
Paid Time Off
Parental Leave
401(k) Match
Tuition Assistance

Full job description

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 (https://www.tranetechnologies.com/) , and through our businesses including Trane® (http://www.trane.com/index.html) and Thermo King (http://www.thermoking.com/na/en.html) , 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.

Learn about our benefits (http://careers.tranetechnologies.com/global/en/benefits) designed for you to thrive at work and at home.

We boldly go.

Where is the work:

Monday to Thursday, work onsite with your colleagues. Fridays, choose your work location, balancing what your work requires.

What’s in it for you:

Thermo King has an exciting new opportunity to join our organization as a New Product Development Program Manager . This role will lead cross–functional product development teams to deliver new or improved Thermo King products to market through a structured Stage–Gate NPD process. This role ensures new products meet specific customer requirements, program goals, timelines, and budgets. Program Managers take P&L accountability for all program/project activity through product launch. A key deliverable for the role is to follow best practices and drive teams towards project execution to a hand–off with operations. You will achieve success by leading well with influence as opposed to direct authority, dealing well with ambiguity and leading the team through it effectively, advocating and removing obstacles for the team, and maintaining a proactive, problem–solving mindset, all while keeping the teams motivated and engaged. This is not an IT PMO role. _We are seeking a program manager with experience in engineering, new product development, manufacturing, or industrial portfolio management. _

What You Will Do:

  • Take overall responsibility for complete product delivery from requirements and prototype testing through to successful product launch.

  • Partner closely with management and business leaders to define program scope, objectives, and robust risk assessments.

  • Collaborate with Product Management to establish and define customer and product requirements.

  • Direct and coordinate activities of program personnel to ensure programs progress on schedule and within budget while strictly meeting customer requirements.

  • Anticipate issues and drive proactive countermeasures to ensure programs meet intended objectives.

  • Escalate critical issues and mitigation recommendations to executive leadership in a timely manner.

  • Resolve people and team dynamic issues to maintain effective performance across the cross–functional team.

  • Manage intra–program dependencies and their interrelationships, including their impact upon other enterprise programs and projects.

  • Mentor and coach program team members and non–dedicated project leaders on project management fundamentals and governance.

  • Schedule and facilitate timely status review meetings, gate assessments, and progress milestone updates.

  • Drive the integrated planning and implementation of multiple cross–functional programs across the organization.

  • Drive operational and process efficiencies to actively reduce New Product Development (NPD) cycle times.

  • Collaborate with the PMO Leader and other Program Managers across the Strategic Business Unit (SBU) to continuously improve the Trane Technologies Project Development Process.

  • Lead post–program reviews to capture lessons learned, driving organizational learning and long–term process improvement.

  • Travel 10–20%.

What you will bring:

  • Bachelor’s degree or equivalent demonstrated experience leading complex New Product Development hardware projects.

  • At least 7 years of demonstrated experience in end–to–end project/program execution within a structured Stage–Gate process.

  • Proven experience leading diverse cross–functional teams and communicating effectively at the executive (VP) level.

  • PMP or equivalent PMI certification required. May be pursued after hire.

  • Solid understanding of P&L management, financial tracking, and hardware/manufacturing product development cycles.

  • Certified MS Project Orange Belt preferred.

Annual Base Salary Range or Hourly Base Pay Range:

$127,110.00 - $177,870.00

Compensation Type:

Salary

Incentive Eligible:

Yes

Sales Commission Eligible:

No

Disclaimer : We strive to provide competitive compensation for this position, tailored to a variety of factors. The actual compensation will depend on elements such as seniority, merit, geographic location, education, experience, travel requirements, and union designation. Our compensation range is generally based on the national average for the country. Additionally, benefits may vary depending on the region, business alignment, union involvement, and employee status.

Thrive at work and at home:

  • Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives – WE DARE TO CARE!

  • Family building benefits include fertility coverage and adoption/surrogacy assistance.

  • Paid time off includes up to 15 vacation days, paid holidays, sick leave, and additional options to support volunteer and parental leave.

  • 401K match up, educational and training opportunities through company programs along with tuition assistance and student debt support.

Disclaimer: Benefit offerings may vary by site as well as Collective Bargaining Agreements and local/state regulations

Safety Sensitive Role:

No

The company designates certain roles as Safety Sensitive. Safety Sensitive roles may require that you pass additional drug screening.

We offer competitive compensation and comprehensive benefits and programs. We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.

How this job compares

Set against the 10,863 open Program Management jobs on Olive Jobs, counted November 8, 2026.

Pay
  • This posting$127–178K/yr
  • Minnesota median$126–202K/yr145 salary ranges
  • US median$126–202K/yr8,205 salary ranges

This range's midpoint, $152K, is 8% below the Minnesota median midpoint ($167K) — in the middle half of Program Management salary ranges in Minnesota.

Openings
Olive Jobs lists 166 open Program Management jobs in Minnesota and 10,863 across the US. 5% of them nationwide are listed as remote or flexible.
Hiring the most in Minnesota
Experience
This posting asks for at least 7 years of experience; Program Management postings that state a minimum ask for 7 years at the median (9,277 postings).
Education
3,987 of the 10,863 open Program Management jobs (37%) ask for a bachelor's degree or higher.

Counted across the open, public US postings on Olive Jobs on November 8, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.

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