Rachael Schwartz

Rachael Schwartz Email and Phone Number

Executive Director, Product Management, Built-in Cooking; Digital Strategy Leader across Cooking at GE Appliances @ GE Appliances, a Haier company
Rachael Schwartz's Location
Louisville Metropolitan Area, United States, United States
Rachael Schwartz's Contact Details

Rachael Schwartz work email

Rachael Schwartz personal email

About Rachael Schwartz

Strong business leader with success leading businesses through digital transformation. Innovative strategist and general manager who thrives at the intersection of emerging digital technologies and traditional physical products and services. Develops and manages teams and builds high-performance cultures to achieve P&L goals while leading in innovation. Builds strategic partnerships with tech and traditional companies to drive benefits to common consumers. Excels at developing strategic vision and forming and leading teams to execute on that vision while managing existing business to drive revenue and profitability. At Keurig, started and led Innovation team and launched and ran several businesses including IoT division and strategic planning function. At Bose, led strategy across $2B Consumer Electronics business. At GE Appliances, leading smart appliance strategy and execution. Thought leader in driving engagement through IoT, connected products, voice, and AI. Additional experience at leading strategy consulting firm. Wharton MBA. Seeking board roles in consumer products, consumer electronics, and technology companies.

Rachael Schwartz's Current Company Details
GE Appliances, a Haier company

Ge Appliances, A Haier Company

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Executive Director, Product Management, Built-in Cooking; Digital Strategy Leader across Cooking at GE Appliances
Rachael Schwartz Work Experience Details
  • Ge Appliances, A Haier Company
    Executive Director, Product Management, Built-In Cooking; Digital Strategy Leader Across Cooking
    Ge Appliances, A Haier Company Sep 2020 - Present
    Louisville, Ky, Us
    Responsible for general management of built-in cooking business including GE, Profile, Café, and Monogram Wall Ovens and Cooktops.Lead all product development initiatives including launch of a new award-winning line of induction cooktops.Manage products to drive revenue and profitability objectives including partnering with technology, supply chain, and manufacturing on cost-out, sourcing, and line optimization decisions. As Digital Strategy leader, define digital strategy, drive organizational change, and oversee execution and analytics to make GE Appliances the industry leader in connected cooking. Successes include:o Designed strategy around GE Appliance’s products getting smarter over time through over-the-air updates and managed team to execute updates to hundreds of thousands of connected owners. o Updated older units with new cooking modes like Airfry and Steak Modes, updated screens to add weather, have wallpaper themes that rotate with holidays, and add inspirational recipes tied to Kroger’s mobile app that highlight key ingredients and food partners for future ecosystem revenue opportunities. o Drove app updates to include features like partner recipes and videos, AI-generated recipes based on what ingredients consumers have on hand, and cooking chatbots. Build bridges across the organization to develop strategies, capabilities, and infrastructure around development, marketing, and monetization of digital features.
  • Startfast Venture Accelerator
    Venture Partner
    Startfast Venture Accelerator Mar 2020 - Present
    Support StartFast Fund partners in sourcing, diligence, and advising. StartFast is a pre-seed venture fund that makes 5 new investments each year with a primary focus on SaaS, ecommerce, marketplace, and IoT businesses. We work directly with founders to help build repeatable scalable business models, raise large amount of funding at higher valuations, and grow their teams to accelerate growth. We also leverage our network of exited entrepreneurs, investors, corporate executives, and subject matter experts to help take your company to the next level. By focusing on just 5 companies each year it allows us to dedicate the time, resources, networks, and energy needed to truly add value to each founding team.
  • Bose Corporation
    Head Of Business Strategy, Consumer Electronics Division
    Bose Corporation Dec 2018 - Jul 2020
    Framingham, Massachusetts, Us
    Led strategy for Bose’s Consumer Electronics Division (CED). As member of CED leadership team, served as strategic advisor to CED President and other business leaders. Directed division strategy, product strategy, technology strategy, and partnership strategy for $3B division.Advised leader in premium headphones, speakers, and soundbars around such key areas as AI, connectivity/IoT, partnering with tech giants, the changing retail landscape, shifting business models to be more software based, augmented reality, etc. Support development of brand new categories like audio sunglasses, audio augmented reality, and wearable computing including product strategy, partnership strategy, marketing strategy, M&A, and technology strategy. Drove consumer insights, market intelligence, and trend analysis work to inform strategies. Evaluated new business models.
  • Keurig Green Mountain, Inc.
    Vice President Of Product Management
    Keurig Green Mountain, Inc. Jan 2017 - Apr 2018
    Burlington, Massachusetts, Us
    • Promoted to role which included continuing as IoT platform leader while also leading innovation team and driving product management organization, processes, and planning. Reported to CTO.• Built product management excellence through aligning customer insights with roadmap development, aligning market insights with financial projections, driving external development partnerships, driving collaborative culture, instilling KPIs, and installing new ways of working based on Agile principles. Resulted in increasing pace of development from one major launch every two years to 1-2 launches per year. • Established product innovation team based on lean innovation and design thinking principals, resulting in expanding funnel of innovations by 4x and shrinking the time from idea to start of development from 2 years to 6 months. • Expanded and spun-out Keurig’s IoT platform into stand-alone business unit. Drove monetization of IoT technology through sale of IoT coffeemakers, data products, internal efficiencies, and launch of several SaaS products. • Dotted-line report to CDO to drive digital transformation, develop digital and data monetization strategy, form personalization strategy, and building digital and customer analytics capabilities.
  • Keurig Green Mountain, Inc.
    General Manager, Keurig'S Iot Platform
    Keurig Green Mountain, Inc. Jan 2015 - Jan 2017
    Burlington, Massachusetts, Us
    • Built Keurig’s IoT platform from vision through launch. Managed P&L as GM of new IoT division with 50+ employees. Resulted in $3.5M revenue in Year 1 and ~$20M in Year 2. Expected benefit of $70M in GM contribution at scale. • Led strategy and planning work including: vision, business plan, marketing strategy, and financial plan. • Managed communications including internal buy-in and externally to investors, key partners, thought leadership.• Oversaw physical and digital product development (IoT coffeemakers, app, SaaS data products).• Hired and managed team and built collaborative, results-oriented culture. • Shaped Keurig’s vision of how Big Data, AI, and personalized marketing can drive business results, leading to significant digital infrastructure and data platform investments.
  • Keurig Green Mountain, Inc.
    Senior Director Strategy
    Keurig Green Mountain, Inc. Jan 2014 - Jan 2015
    Burlington, Massachusetts, Us
    • Served as Chief of Staff to the CEO, a one-year position reserved for high potential leaders. • Drove development of corporate vision and identification of top strategic initiatives, priorities, and KPIs.• Led strategy development and key analyses including product strategy, portfolio strategy, pricing strategy, manufacturing operations analysis, and partnership and M&A assessments.• Managed operating rhythm of executive team comprising strategy retreats and business reviews. • Supported CEO in preparation for key partnership meetings including those that led to a distribution agreement in Mexico with Del Valle, a JV with Anheuser Busch, and the sale of the company to JAB Holdings for a 78% premium.
  • Keurig Green Mountain, Inc.
    Head Of Innovation
    Keurig Green Mountain, Inc. Aug 2011 - Jan 2014
    Burlington, Massachusetts, Us
    • Started innovation team, developed innovation strategy, built innovation process, and grew team to 15 direct reports and ~50 indirect reports at any one time. Reported to Chief Innovation Officer.• Led vision, business strategy, consumer insights, marketing strategy, product development, brand development, partnership acquisition/management, and go to market plan for large-scale complex innovation programs including:o Keurig KoldTM, a single-serve cold beverage system that attracted Coca-Cola to invest $2B (acquiring 20% ownership) to be the exclusive launch partner. Now in market as Drinkworks, a JV with Anheuser Busch. o International expansion strategy leading to opening up sales and operations in the UK and South Korea. o A line of food-based k-cups including Campbell’s Soup k-cups, Nature Valley Oatmeal with General Mills, and joint development programs with other leading food companies.o A partnership with Abbott Nutrition (Similac) to build and launch a single serve infant formula system. o A wellness line including launch of Green Mountain Coffee Wellness Brewed coffees with supplements, a joint development program with Novartis for Theraflu k-cups, and additional partnerships with leading pharma.
  • Ipcapital Group
    Senior Manager
    Ipcapital Group Jan 2009 - Aug 2011
    Williston, Vermont, Us
    Strategy and Innovation consultant at boutique firm that spun out of IBM focusing on disruptive technologies and their impact on corporate and product strategy.- Clients included early-stage to Fortune 1000 companies across industries (including consumer products, software, medical device, food, pharmaceutical, defense, manufacturing, and financial services).- Managed internal and client teams to understand potential of new technology, develop vision, and revise corporate strategy, product strategy, technology strategy, and IP strategy. CONTRIBUTION VALUE: Developed new practice area which led the whole company to pivot in the direction of IP licensing.SKILLS FOCUS: Consulting | Innovation | Strategy | Product Development | Digital Transformation | Emerging Technologies | Project management | Client management | Financial analysis | Public speaking | Publications |
  • Ipcapital Group
    Manager
    Ipcapital Group Jan 2006 - Jan 2009
    Williston, Vermont, Us
  • Ipcapital Group
    Senior Associate
    Ipcapital Group Jul 2003 - Jan 2006
    Williston, Vermont, Us
  • Pricewaterhouse Coopers, S.C.
    Senior Associate, Diamond Technology Partners (Now Part Of Pwc)
    Pricewaterhouse Coopers, S.C. 2000 - 2002
    Bengaluru, Karnataka, In
    Strategy consultant in Consumer Products and Pharmaceutical vertical of consulting firm focused on helping Fortune 500 companies disrupt themselves by leveraging new technologies enabled by Internet and mobile technologies. Work included digital strategy and digital transformation projects including:- J&J (McNeil and Centocor): Developed digital strategy and execution plan for connecting with B2B consumers to drive adoption for launches of Splenda® and Remecade®.- Abbott: Developed digital product strategy and prototype of a smart phone/ PDA-based pain management and dosing software program to drive sales of their pain medication portfolio.
  • Center For Applied Research
    Project Consultant
    Center For Applied Research 1999 - 2000
    Strategy and organizational development consultant at Wharton's Faculty Consulting Firm supporting public institution clients including hospital systems, library systems, and universities.

Rachael Schwartz Skills

Management Business Strategy Strategy Product Development Business Development Strategic Partnerships Cross Functional Team Leadership Marketing Management Consulting Competitive Analysis Strategic Planning Leadership Analytics Innovation Management Product Management Digital Marketing Ecommerce Online Marketing Big Data General Management Innovation Development Digital Transformation Smart Home Internet Of Things Iot Personalized Marketing

Rachael Schwartz Education Details

  • The Wharton School
    The Wharton School
    Strategic Management And Marketing
  • University Of Pennsylvania
    University Of Pennsylvania
    Design Of The Environment
  • Harvard Business School Executive Education
    Harvard Business School Executive Education
    High Potential Leadership Program - Nov 2014

Frequently Asked Questions about Rachael Schwartz

What company does Rachael Schwartz work for?

Rachael Schwartz works for Ge Appliances, A Haier Company

What is Rachael Schwartz's role at the current company?

Rachael Schwartz's current role is Executive Director, Product Management, Built-in Cooking; Digital Strategy Leader across Cooking at GE Appliances.

What is Rachael Schwartz's email address?

Rachael Schwartz's email address is ra****@****ail.com

What schools did Rachael Schwartz attend?

Rachael Schwartz attended The Wharton School, University Of Pennsylvania, Harvard Business School Executive Education.

What are some of Rachael Schwartz's interests?

Rachael Schwartz has interest in Empowers, Strategic Program, Leads Productivity, Strategy, Attracts, Business Unit.

What skills is Rachael Schwartz known for?

Rachael Schwartz has skills like Management, Business Strategy, Strategy, Product Development, Business Development, Strategic Partnerships, Cross Functional Team Leadership, Marketing, Management Consulting, Competitive Analysis, Strategic Planning, Leadership.

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