Summary
Overview
Work History
Education
Skills
Websites
Timeline
Generic

Stephen Roan

Memphis,TN

Summary

Collaborative, disciplined leader connecting strategy with execution, translating corporate objectives into actionable roadmaps, and driving product commercialization for technology-enabled organizations. Business strategist skilled at bridging gaps across functions to solve organizational challenges, produce high-value, profitable solutions, and align technical efforts with corporate objectives. Talent maximizer and culture builder leading and empowering global teams, eliminating obstacles to progress, and championing new ways of working to sustain a competitive edge in resource-constricted environments.

Overview

25
25
years of professional experience

Work History

Vice President, Orthopedic Hip Research & Development (R&D)

Smith & Nephew
06.2023 - Current
  • Promoted to head new product development R&D for $650M orthopedic hip franchise
  • Led teams of up to 20 engineers and designers in the U.S and the U.K.
  • Drove cross functional alignment and oversaw engagement with elite 10 surgeon design/advisory team to refine and validate product design
  • Launched new CATALYSTEM hip stem, the highest priority ortho launch for 2024 (+$100M product line) with shortest launch cycle in Hips
  • Oversaw OEM joint development partnership, delivering powered impaction device in conjunction with CATALYSTEM launch in less than 12 months
  • Initiated ideation phase for new revision hip stem project. Embedded improved voice of customer, user needs, and design input practices (lean/agile) to amplify clinical performance, surgeon efficiency, and profitability
  • Restructured team to drive profitability and innovation in an increasingly resource-restricted landscape

Senior Director, New Product Development (NPD) Program Management Lead

Smith & Nephew
05.2020 - 06.2023
  • Recruited to transform enterprise's highest-priority program within the +$900M knee business
  • Liaised with C-suite leaders, including CEO and executive committee
  • Led 3 project managers and influenced cross-functional stakeholders
  • Spearheaded complete overhaul of existing strategy for porous knee program and gained CEO buy-in for new model of a streamlined, in-house product family (versus prior 4 product families)
  • Guided femoral implant transition to additive manufacturing, to slash lead time 75% and improve GM by 50%
  • Directed development through commercialization of market-leading CONCELOC tibia and patella knee system with 200 SKUs using advanced additive manufacturing technology after heading major transformation of team structure, technical oversight approach, and supplier engagement model
  • Streamlined Legion and Journey knee tibia, tibial insert, patella offering by 30% and boosted profitability through a portfolio optimization initiative that consolidated 2 complex legacy product lines

Senior Director, Portfolio Data & Standards

Smith & Nephew
06.2017 - 05.2020
  • Established and oversaw a new global organization charged with extending labeling, product master data standardization and transmission, and e-commerce capabilities to achieve multi-country regulatory and commercial requirements
  • Built 7-member team in the U.S, and Europe and managed $10M+ IT capital implementation
  • Instituted unique device identification (UDI) for South Korea, China, and Saudi Arabia ensuring product compliance by all mandatory deadlines and ensuring no commercial disruptions
  • Deployed global data synchronization network (GDSN) enabling electronic product master data exchange with large institutional customers and business critical group purchasing organizations (GPOs) in the US, Canada, and Europe
  • Business owner accountable to drive integration of product data management into global product lifecycle management (PLM) and master data management (MDM) systems and processes

Senior Director / Director, Program Management

Smith & Nephew
01.2013 - 06.2017
  • Selected to lead S+N the global Unique Device Indicator (UDI) program for the Orthopedics and Sports Medicine divisions
  • Was responsible to update product labeling, develop and apply new part markings, and electronically submit product meta data for over 95,000 SKUs
  • Lead 10 direct and 75 indirect reports to achieve full compliance across 10 global manufacturing and design sites by the FDA multi-year deadlines for product labeling, part marking, and data submission within $15M budget
  • Accountable for IT upgrade definition, testing, and implementation for 2 product life cycle management (PLM) systems, 3 instances of SAP enterprise resource planning (ERP) systems, 2 regional ERP systems required to manage all legacy and future new products
  • Chaired executive steering committee, soliciting feedback from Operations SVP that the program was the 'best large-scale business/IT program implementation' in their multi-year experience with S+N

Program Manager, NPD Program Management

Smith & Nephew
05.2009 - 01.2013
  • Pivoted into new product development (NPD) leadership role as company transitioned to centralized project management office (PMO) model
  • Led cross functional teams to deliver multiple new product development initiatives
  • Introduced new additive manufacturing technology for state-of-the-art hip replacement system (REDAPT Revision Acetabular System) and accelerated project delivery timelines by instituting lean/agile management practices
  • Delivered hip replacement system with 300 SKUs (REDAPT Revision Femoral Hip System) in 18 months as first program manager to use new NPD phase-gate methodology

Engineering Project Manager, Upstream Manufacturing

Smith & Nephew
07.2007 - 05.2009
  • Oversaw upstream manufacturing projects
  • Tapped for special assignment with global supply chain organization to design, launch, and train on new sales, inventory, operations planning (SIOP) process

Engineering Project Leader / Assistant Manager / Specialist

Toyota North America
01.2000 - 07.2007
  • Led production teams and corporate product development teams to facilitate new product introductions with high-quality design-for-manufacturing standards
  • Adopted and leveraged Toyota Production System (TPS) practices and principles

Education

Leading Effective Decision-Making -

Yale School of Management
09-2024

Leading Through Financial Excellence Program -

Massachusetts Institute of Technology (MIT)
05-2022

MBA -

University of Memphis
05-2013

Bachelor of Science (BS) - Mechanical Engineering

Tennessee Technological University
05-1998

Skills

  • Strategic Planning & Execution
  • New Product Innovation
  • Technical Roadmap Development
  • Voice of the Customer Insights
  • Solution Design & Delivery
  • Stakeholder Relations & Influence
  • Process Design & Improvement
  • Cross-Functional Partnerships
  • Organizational Change Management
  • Team Building & Engagement
  • Financial & Budget Management
  • Business / Technical Alignment

Websites

Timeline

Vice President, Orthopedic Hip Research & Development (R&D)

Smith & Nephew
06.2023 - Current

Senior Director, New Product Development (NPD) Program Management Lead

Smith & Nephew
05.2020 - 06.2023

Senior Director, Portfolio Data & Standards

Smith & Nephew
06.2017 - 05.2020

Senior Director / Director, Program Management

Smith & Nephew
01.2013 - 06.2017

Program Manager, NPD Program Management

Smith & Nephew
05.2009 - 01.2013

Engineering Project Manager, Upstream Manufacturing

Smith & Nephew
07.2007 - 05.2009

Engineering Project Leader / Assistant Manager / Specialist

Toyota North America
01.2000 - 07.2007

Leading Effective Decision-Making -

Yale School of Management

Leading Through Financial Excellence Program -

Massachusetts Institute of Technology (MIT)

MBA -

University of Memphis

Bachelor of Science (BS) - Mechanical Engineering

Tennessee Technological University

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Stephen Roan