Director of Technology Business Development

ABOUT ADVANCED ENERGY
Advanced Energy (Nasdaq: AEIS) is a global leader in the design and manufacturing of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. AE’s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial, manufacturing, telecommunications, data center computing and healthcare. Advanced Energy has devoted four decades to perfecting power for its global customers and is headquartered in Denver, Colorado.

POSITION SUMMARY:
The Director of Technology Business Development is a new role in the office of the CTO, spanning our internal technical community and external partners to drive Advanced Energy’s technology forward. The ideal candidate will have a strong technical background in product design engineering, with a current focus on business development and growth. This role reports directly to the Chief Technology Officer (CTO), and is based in either our Fort Collins, CO or Wilmington, MA design centers.

RESPONSIBILITIES:

• Develops and manages the technical funnel and any related programs from external collaborators, partners, and technology insertion targets, including:
  • Development of a technical pipeline for technology insertion targets while coordinating collaboration activities between AE and the target
  • Knowledge of business valuations, funding stages, and due-diligence activities
• Coordinates internal projects focused on advanced technology development
• Drives opportunities to better leverage AE’s top talent:
  • Connects AE’s key innovation leaders, including Members of Technical Staff and Engineering Ambassadors across the Business Units to drive technology collaboration and knowledge sharing. This includes the facilitation of AE’s bi-annual Technical Summits
  • Works with AE senior technologists and subject matter experts across all regions, coordinating opportunities within and between to leverage their knowledge and expertise
  • Displays intellectual curiosity and excitement for new technology and in AE’s related markets and applications
• Other duties as assigned

WORK ENVIRONMENT:

• Ability to work within standard office environment and effectively collaborate with remote teams.
• Position is based in Fort Collins, CO or Wilmington, MA with domestic and international travel required (up to 25%)

QUALIFICATIONS:

• Proven ability to work independently as well as in a team-oriented culture
• Highly collaborative with the ability to manage via influence
• Strong analytical and business acumen skills
• Ability to interact effectively with customers and industry partners
• Excellent program management skills
• Excellent verbal and written communication and interpersonal skills with the ability to communicate across all levels of an organization
• Strong track record for managing comfortably with ambiguity and having flexibility with respect to changing situations and differing views

EXPERIENCE:

• 5 years experience in hardware or power electronics product development role, and 5 years’ experience in a business role such as Product Marketing, Business Development, General Manager or other
• Experience in one of the following markets: semiconductor wafer fabrication, industrial power conversion, medical systems and devices and/or defense/aerospace.

EDUCATION:

• Masters or PhD in Engineering (Electrical or Mechanical) or Physics preferred, MBA also preferred, or applicable business related work experience
• Bachelors degree in Engineering (Electrical or Mechanical) plus an MBA, or applicable business related work experience

COMPENSATION:
As required by multiple state pay transparency laws, Advanced Energy provides a reasonable range of compensation for each job posting. Actual compensation is influenced by an array of factors including, but not limited to, skill set, level of experience, and specific office location. The range of starting pay for this role is $175,000 to $245,000 per year.

BENEFITS:
As part of our total rewards philosophy, we believe in offering and maintaining competitive compensation and benefits programs for our employees to attract and retain a talented, highly engaged workforce. Our compensation programs are focused on equitable, fair pay practices including market-based base pay, an annual pay-for-performance incentive plan, and discounted Employee Stock Purchase Plan.

In addition to our competitive compensation practices, we offer a strong benefits package in each of the countries in which we operate. In the U.S., we offer a rich benefits package that includes:

• Medical - multiple medical plans are available to choose from
• Short and long-term disability and life insurance
• Health savings and flexible spending accounts
• Generous time off policy starting with 3 weeks of paid vacation, 7 days of paid sick time, and 12 paid holidays
• 8 hours of paid volunteer time off
• 8 weeks of paid parental leave for both Moms and Dads
• Company matched 401(k)
• Tuition reimbursement
• Expanded mental health coverage and employee assistance programs
• Other voluntary benefits include critical illness, accident and hospital indemnity, pet insurance, identify theft, and legal assistance

Advanced Energy is committed to diversity in its workforce including Equal Employment Opportunity for Minorities, Females, Protected Veterans, and Individuals with Disabilities.

Advanced Energy is also committed to providing reasonable accommodations in our job application process/procedures for qualified individuals with disabilities. If you require assistance in completing an Advanced Energy application, please reach out to HumanResources@aei.com.

Applications will be accepted through 5/31/2025, the company reserves the right to review applications at any point after they are submitted.