Leatherman Tool Group Selects New Senior Director of Product
180one recently partnered with Leatherman to help them identify and select a new Senior Director of Product Development. Check back soon for more details!
About the Company
We invented our category, and we make what we sell. We employ over 550 people in Portland, OR where we are headquartered, and where we also manufacture, package, and ship all our products from. We buy steel from Ohio, bring it to the east end of our building, and then ship our tools to 80 countries around the world, from the west end of our building.
We create products that prepare you for the expected and the unexpected and unlock your potential to empower you to be part of your own epic tale of triumph. We facilitate epic tales of triumph not only through our products, but also through resulting relationships, careers, community, and social responsibility – environment, fair trade, and Diversity, Equity, and Inclusion.
LTG Guiding principles:
- Dominate multi-tools (in product excellence and revenue)
- Make what we sell (in Portland, OR)
- Privately held – in the Leatherman family (debt free)
- A great place to work for committed employees
Leatherman’s Manifesto: We believe we are here to empower people for whatever life throws their way. Regardless of who you are, we believe that with the right tools in hand, anyone can achieve greatness. We believe we can make significant contributions to the world through innovation, so we value perseverance in our work and ingenious design in our products. We believe in growing and supporting our most valuable asset – our employees. That’s why we believe in integrity and authentic collaboration, which instills trust in one another and allows us to create global solutions that our competitors cannot copy. We believe in self-honesty and humility, which fuels change and growth from our failures.
And when we reflect these values, we believe we’re building a thriving culture that celebrates diversity promoted personal and professional growth, develops respect for one another, and cultivates a community that can solve any problem.
About the Opportunity
In direct support of LTG growth goals the organization has added a new role, Senior Director of Product, reporting directly into the CEO and a participant on the organization’s senior leadership team. In addition to standing up a new internal strategic product function, this position will be responsible for the design, implementation, and leadership of comprehensive product line strategies for targeted industries, including identification of opportunities, market needs, product roadmap, product solutions, market potential and sales potential.
This is an exciting opportunity for someone who is energized by:
- Articulating opportunities and insights that we can act on gathered through research, consumer testing and observations.
- Collaborating with internal and external stakeholders and subject matter experts for opportunity identification, definition, and prioritization.
- Serving as the global expert of targeted industries, maintaining current knowledge of Leatherman’s consumers, markets, and competition.
- Leading innovation that is both relevant to and supportive of our brand values.
- Developing strategies for product, pricing, market entry, and management of products in the NPD Process from Strategy through Post-Launch evaluation to meet corporate objectives for revenue, profit, and brand.
This new addition represents a critical investment in LTG’s strategic growth plan. Come make an impact with a premium brand, category inventor and dominate leader.
Essential Functions
It is essential for all employees to adhere to Company policies.
- Applies business acumen to maximize the units sold, revenue and profit from our existing categories while supporting our brand values.
- Identifies and prioritizes consumers segments that we should target for new products.
- Identifies consumer needs that are valuable and relevant and feasible to address with our resources.
- Articulates consumer needs in a way that enables our design, engineering, and manufacturing teams to be able to innovate solutions.
- Develop and lead the product line strategy for targeted industries including price positioning and product development in market segments and channels.
- Successfully implement product plans to achieve industry objectives and strategies.
- Develop and implement market segmentation strategies and plans.
- Lead the process for product ideation and opportunity identification.
- Works with cross-functional colleagues to anticipate and resolve priority challenges
- Lead the process for updating industry, channel, market data and trends.
- Develop preliminary budgets (at NPD milestones) for product plans including development resources.
- Evaluate product recommendation from existing and potential customer for product feasibility.
- Develop strategies to improve product position domestically and in global markets.
- Create pricing strategies to support targeted channels.
- Lead the Voice of Customer and Voice of Channel Partner process.
- Own the product life cycle and execute exit strategies.
- Develop and implement processes to assess and develop packaging that satisfies customer needs and corporate packaging strategies.
- Lead cross functional team(s) to develop channel and key customer promotions.
- Development of new product budget: including capital expenditures, marketing and sales expenditures required to execute product launch.
- Participate in the creation and adherence to the department budget.
- Leads, hires, and manages a team of professionals. This includes supervision, individual and team performance, and mentoring to ensure effective execution of individual and team responsibilities
- Participates as a member of the LTG senior leadership team.
Competencies
- Strategic thinking engagement, involvement, and alignment. Defining how the role fits in and influences a positive business outcome.
- Builds trust, able to tie in and gain support at all levels, sees what is happening and accurately predicts and articulates what will happen. Teaches. Possesses curiosity and optimism. Respectful.
- Customer focus, creates value, present and always engaged
- Collaborates and provides leadership among our sr. leaders, a resource to accomplishing goals for company, team and individuals.
- Business acumen, ability to connect the decisions they make and tangible outcomes that support our Mission, Vision, Values, Guiding Principles, and strategy.
- Confident & accountable for self, team to which they lead and belong. Articulate and able to inspire excitement and lead people to a vision.
- Passionate, skilled, and experienced in the role.
- Attracts top talent – Attracting and selecting the best talent to meet current and future business needs.
- Builds effective teams – Building strong-identity teams that apply their diverse skills and perspectives to achieve common goals.
- Cultivates innovation – Creating new and better ways for the organization to be successful.
- Decision quality – Make good and timely decisions that keep the organization moving forward.
- Drives vision and purpose – Painting a compelling picture of the vision and strategy that motivates others to action.
- Ensures accountability – Hold self and others accountable to meet commitments.
- Global perspective – Taking a broad view when approaching issues, using a global lens.
Education and Experience
- Bachelor’s Degree required. MBA with marketing focus or related experience preferred.
- Ten or more years of progressively responsible product marketing and project management experience preferred.
- Strong track record of leadership and the ability to attract, develop and retain talent
- High level of analytical thinking with demonstrated talent for identifying, scrutinizing, improving, and streamlining work processes
- Flexible team player who thrives in environments requiring ability to effectively prioritize and juggle multiple concurrent projects
- Ability to build collaborative partnerships cross-functionally
- Ability to deal with ambiguity and be comfortable in a situation that is not always well defined or changes frequently
- Good communication skills, a professional attitude, and enthusiasm for one’s work are all prerequisites for this position.
- Excellent communication and presentation skills with the ability to speak and communicate effectively.
- Work independently and possess a high level of self-motivation and initiative.
Leatherman Tool Group Inc. believes that each employee makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this position description is designed to outline primary duties, qualifications, and job scope, but not limit the individual nor the organization to just the work identified. It is our expectation that each employee will offer his/her services wherever and whenever necessary to ensure the success of our endeavors.
Interested in learning more? 180one is a retained search firm engaged by Leatherman to conduct this search. If interested in learning more about the opportunity, please contact Tom Haley at 180one at: tom@180one.com.
Chief Financial Officer ABOUT THE COMPANY CRU Data Security Group (CDSG) is a leading innovator and manufacturer of industrial-grade flash storage, secure storage products, and removable secure data solutions. With its OEM partners, CDSG supports security-conscious customers worldwide, including government agencies, military organizations, and corporations of all sizes. The company’s portfolio includes highly secure solid-state drives (SSDs), removable SSDs, disaster-proof storage devices, and forensic investigation tools. These purpose-built solutions are engineered to deliver the highest levels of security, durability, and performance, ensuring mission-critical data is protected whether operating at the edge, in the field, or behind the firewall. In 2025, Seattle-based private equity firm Pike Street Capital made a strategic investment in CDSG to accelerate growth through product innovation and targeted acquisitions. THE ROLE CDSG is seeking an experienced and results-driven Chief Financial Officer (CFO) to lead the financial strategy and execution of their high-growth business. The CFO will play a critical role in enabling both organic and acquisitive growth, optimizing operations, and driving value creation in partnership with the CEO and private equity sponsor. This is a hands-on executive leadership role ideal for a proven financial leader with a track record of operating in dynamic, performance-driven environments. RESPONSIBILITIES Executive & Strategic Leadership Serve as a strategic partner to the CEO and executive team, actively contributing to policy, direction, and long-term planning. Help define and execute the company’s growth strategy in alignment with operational, financial, and market objectives. Drive a high-performance culture through accountability, transparency, and collaboration. Lead by example, setting the tone and culture across the organization. Operate as a player/coach, comfortable building models, developing presentations, and engaging directly in critical business issues. Attract, develop, and retain top-tier financial and operational talent. Lead major business initiatives and projects (e.g., productivity improvement, pricing strategies) with measurable results. Shoulder broad business leadership responsibility, beyond traditional finance functions. Financial Planning & Analysis (FP&A) Own the development and ongoing refinement of annual budgets, monthly forecasts, and long-term financial planning. Track and maintain key performance indicators (KPIs) to measure performance against strategic goals. Conduct hands-on analysis of financial performance, with actionable insights to achieve growth and EBITDA targets. Lead investment analysis and decision support, including customer pricing models and full business case development. Demonstrated expertise in labor cost management and margin improvement strategies. Bring experience across multiple ERP platforms; ERP selection and implementation experience is highly preferred. Accounting & Financial Operations Oversee all accounting and finance functions, ensuring accuracy, integrity, and timeliness of financial information. Prepare and deliver comprehensive financial reporting packages, including monthly P&L, balance sheet, cash flow, and covenant compliance. Ensure all financial statements are prepared in accordance with GAAP and meet internal and external stakeholder requirements. Lead all month-end close activities, including general ledger, balance sheet reconciliations, and overhead allocation. Enhance and scale accounting processes, systems, and internal controls to support company growth. Coordinate the annual audit process, ensuring unqualified audit results. Lead the preparation and management of company-wide budgets, including revenue and capital expenditure planning. Treasury & Working Capital Management Lead cash flow forecasting, management, and decision-making around weekly cash disbursements. Improve the full cash cycle, credit policy, collections, inventory, and payables management. Manage lender relationships and covenant compliance. Use forward-looking cash flow analysis to guide capital structure decisions and working capital strategy. M&A & Private Equity Engagement Collaborate with the leadership team, private equity sponsors on M&A activities. Experience or understanding of value creation planning, reporting, and board-level communication. EDUCATION, EXPERIENCE & SKILLS REQUIRED Bachelor’s degree in finance, accounting, business administration, or a related discipline; CPA and MBA strongly preferred. Extensive experience in senior financial leadership roles, ideally within a private equity-backed or high-growth environment. Deep understanding of financial and operational disciplines, including P&L ownership, balance sheet management, cash flow optimization, and capital allocation. Demonstrated experience in corporate governance, risk management, and regulatory compliance. Proven ability to lead complex negotiations related to financing, vendor agreements, M&A, and commercial terms. Expertise in budgeting, forecasting, financial modeling, and working capital management; prior public accounting experience is a plus. Strong business acumen with the ability to quickly assess new challenges and make sound, data-driven decisions in a dynamic environment. Natural leadership presence with the ability to build trust and credibility across all levels of an organization and with external stakeholders. Resilient under pressure with a disciplined approach to prioritization, execution, and delegation. Exceptional communication skills—both written and verbal—with the ability to clearly articulate financial concepts to non-financial stakeholders. Committed to service excellence, with strong interpersonal skills and a collaborative leadership style. High attention to detail and precision, balanced with the ability to think strategically and see the broader business context. Interested in Learning More? 180one has been retained by CDSG to manage this search. If interested in learning more about the opportunity, please contact Nicole Brady at 180one at: 503.699.0184 / nicole@180one.com .
In today’s business climate, reorganizations have become the norm rather than the exception. Companies shift structure to respond to market changes, streamline costs, adopt new technologies, or realign with strategy. But while the headlines focus on job cuts or new leadership, one critical factor often overlooked in the success or failure of a reorganization is managerial span of control : the number of direct reports assigned to each manager. When companies get this wrong, they risk derailing even the best-planned structural change. When they get it right, the results include faster decision-making, improved employee engagement, and better execution of strategic goals. So how do the most successful companies handle this delicate balance during a reorg? The Pitfalls of Overloading Managers The pressure to do more with less can tempt organizations to increase the number of employees reporting directly to each manager. After all, fewer managers mean lower salary overhead, less bureaucracy, and theoretically, a leaner, faster organization. But research consistently shows that increasing a manager’s span of control beyond a certain point leads to declining effectiveness , both for the manager and their team. According to a comprehensive study by Bain & Company, companies with top-quartile performance in productivity and employee engagement tend to cap manager spans at no more than 7 to 10 direct reports , depending on the complexity of the work and the level of autonomy of the team. Beyond this range, several problems begin to surface: Decreased coaching and development time: With too many direct reports, managers struggle to provide regular feedback or support individual growth. Slower decision-making: Managers become bottlenecks as more team members wait for approvals or guidance. Increased burnout: Overloaded managers report higher levels of stress, disengagement, and turnover. Reduced innovation: Less time for strategic thinking means less opportunity to solve problems creatively or improve team performance. Harvard Business Review echoes this concern, noting that “as spans widen, the average quality of management and leadership drops,” especially in knowledge-driven or high-complexity work environments. Span of Control: One Size Doesn’t Fit All So what’s the right number? The answer depends on context , and smart companies know that not all roles, teams, or business units require the same structure. Key variables include: Task complexity: Teams doing routine, repeatable work (like call centers or transactional processing) can operate effectively with spans as wide as 15-20 direct reports. In contrast, research and development teams often require narrower spans due to higher collaboration and oversight needs. Employee experience: Highly experienced, autonomous employees require less hands-on supervision, allowing for broader spans. Manager capability: Not all managers are equally equipped to handle large teams. Leadership training, experience, and support systems (like team leads or AI tools) can influence optimal span. Organizational culture: Companies with strong cultures of self-management and clear accountability structures may tolerate wider spans without performance drops. A 2023 McKinsey report emphasizes this variability, stating, “Leading companies tailor spans of control by role and level, not by arbitrary benchmarks.” Case in Point: Reorg Success Stories Let’s look at a few organizations that have successfully navigated reorgs by paying close attention to managerial spans: 1. Microsoft During Satya Nadella’s early tenure as CEO, Microsoft underwent a major organizational overhaul to break down silos and improve collaboration. A key part of the strategy was flattening the org , but not indiscriminately. Nadella emphasized “clarity of purpose” and invested heavily in leadership development to ensure managers were ready to handle broader spans only where appropriate. The result? Productivity rose, engagement improved, and innovation accelerated across product teams. 2. Procter & Gamble (P&G) P&G restructured in the early 2010s to reduce costs and improve agility. Rather than simply cutting layers, the company also reassessed manager-to-employee ratios by function. In areas like finance, where standard processes prevail, spans increased. In innovation and marketing roles, they were kept tight to preserve creativity and oversight. The tailored approach helped P&G maintain performance through a major shift. 3. Spotify Famous for its “squad” model, Spotify empowers small autonomous teams with clear leadership support. Managers, often called Chapter Leads, have limited spans to ensure close mentorship and skill development within specific technical domains. This model has supported Spotify’s growth while preserving agility and innovation. Practical Guidance for Leaders Planning a Reorg If your company is considering, or currently navigating, a reorganization, here are five evidence-based principles to keep in mind: 1. Start with the work, not the structure Begin by analyzing the actual tasks teams are responsible for. How complex is the work? How interdependent are the roles? What level of oversight is needed? Design the structure around the needs of the work, not arbitrary span targets. 2. Avoid flattening without a function Flattening layers can reduce costs, but it can also create chaos if not executed thoughtfully. Ensure that wider spans are matched with the right capabilities, tools, and cultural support. 3. Invest in manager readiness If you do decide to widen spans, ensure your managers are trained in time management, delegation, coaching, and the use of technology. Even experienced managers can falter without support. 4. Use data to monitor and adjust Keep track of KPIs like employee engagement, turnover, decision speed, and manager satisfaction post-reorg. These can provide early warning signs if spans are too wide or teams are struggling. 5. Communicate clearly and consistently Structural changes can breed uncertainty. Communicate not just what is changing, but why, and how it will improve the experience for both managers and their teams. Structure Should Enable Strategy A reorganization is not just a reshuffling of boxes on an org chart, it’s an opportunity to realign your workforce with your business goals. But even the most visionary strategy will falter if leaders are overwhelmed, disengaged, or unsupported. As the research shows, successful reorgs pay close attention to the human factor. Avoiding overly wide spans of control is not about bureaucracy; it’s about enabling leaders to lead .
Controller ABOUT THE COMPANY Pacific Realty Associates, L.P. (“PacTrust” or the “Firm”) is a fully integrated real estate development and investment firm based in Portland, Oregon. PacTrust has been active in commercial real estate for more than 50 years and is among the largest real estate developers and investment property owners in the Pacific Northwest. The Firm’s real estate portfolio consists of industrial, industrial/flex, office, retail, hospitality, and agricultural properties, with assets in the Pacific Northwest, California, Texas, and Maryland. www.pactrust.com. THE ROLE PacTrust is seeking a Controller to join its corporate headquarters in Portland, Oregon, reporting directly to the Chief Financial Officer. The candidate will be a key member of the team and be responsible for overseeing all financial accounting, debt reporting & compliance, treasury, financial planning & analysis, tax planning, and filing. Additionally, the candidate will collaborate with the Firm’s investment and asset management teams and will be involved with the operations of the business, specifically related to budget and forecast analysis. Qualified candidates must be self-motivated, extremely detail-oriented, organized, and intellectually curious, and must have deep experience working with and managing teams. The Controller must also embrace the Firm’s collaborative and positive culture, be an effective multitasker, and be comfortable working with and supporting various departments and functions. The Firm benefits from a strong, long-standing capital structure with established policies and procedures, but the Controller will be a key member of the Senior Management team tasked with guiding the Firm into the future and growing the business. The Controller will manage a team of accountants, with additional headcount potentially added in the future based on growth and/or reporting needs. RESPONSIBILITIES The Controller will lead the Firm in the following areas: Financial Accounting & Reporting Manage monthly and quarterly financial statement preparation and related reports and projections. Prepare subsidiary financials and review monthly financial packages from joint-venture partners. Review and approve various balance sheet account reconciliations. Oversee fixed asset accounting and maintain all depreciation schedules within the Firm’s Fixed Asset System (Sage). Prepare valuation support schedules and related reports for quarterly fair value accounting purposes. Set up and manage construction jobs in the Firm’s ERP system (Yardi) to ensure appropriate capitalization of development expenses. Treasury: Ensure the Firm’s cash disbursement and cash management controls are appropriately adhered to and adequately documented. Prepare cashflow forecasts and monitor cash receipts to ensure sufficient liquidity at all times. Administer the Firm’s credit card platform (US Bank) and process daily ACH clearings and vendor updates. Administer the Firm’s cash disbursement system (SinglePoint) and setup/approve ACH, book, and wire transfers. Financial Planning & Analysis: Prepare annual budgets for the Firm’s operating company and managing member entities, with monthly forecast updates. Tax Planning & Filing: Coordinate annual tax return preparation with the Firm’s third-party tax advisor (Deloitte) and ensure all filing requirements are satisfied. Prepare tax work papers for the various entities under management. Prepare quarterly estimated taxable income projections and estimated required tax payments. Prepare and process personal property tax filings for various jurisdictions, as required. Process tenant association tax returns, where applicable. Team Leadership & Development: Lead, mentor, and develop a high-performing accounting team. Foster a culture of continuous improvement, promoting efficiency, accuracy, and best practices. Manage performance, establish clear development goals, and provide ongoing coaching for team members. Other: Coordinate annual audit with the Firm’s third-party auditor (Deloitte) and oversee preparation of audit workpapers. Prepare, on an annual basis, lease analysis files for each park with corresponding updates in Yardi as necessary. EDUCATION, EXPERIENCE & SKILLS REQUIRED Education Bachelor’s Degree in Accounting or Finance required CPA strongly preferred. Knowledge & Experience 10+ years of professional experience with prior controller or similar experience required. Experience with commercial real estate and real estate development accounting and reporting is preferred. Working knowledge of real estate valuation frameworks (discounted cash flow, cap rates, etc.) and financial concepts is preferred. Working knowledge of real estate development and asset management functions is preferred. Working knowledge of tax concepts and considerations as they relate to commercial real estate investment and legal entity structuring is preferred. Skills & Abilities Proven track record of building and managing high-functioning teams. Impeccable integrity and honesty. Exceptional analytical, problem-solving, and strategic thinking abilities. Collaborative and effective team player. Proficient with ERP systems and MS Office Suite. Yardi experience a plus. Excellent interpersonal, oral, and written communication skills; strong presentation skills. Initiative-taker with high energy and commitment to work within a dynamic, collaborative and entrepreneurial environment. Strong business writing skills. Ability to build and manage strong relationships internally and externally. Accountable to deadlines with the ability to manage and prioritize work. PacTrust is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, genetic information, sexual orientation, gender identity, status as a protected veteran, or status as a qualified individual with a disability, or any other characteristic protected by applicable Federal, State, or Local law. Interested in Learning More? 180one has been retained by PacTrust to manage this search. If interested in learning more about the opportunity, please contact Lisa Heffernan / 971.256.3076/ lisa@180one.com .
