Chief Product Officer at Presto | Powderkeg

Location: San Carlos, CA

Employment Type: Full-Time

Team: Product

Presto is a market leader in restaurant labor productivity, overlaying next- generation digital solutions onto the physical world. Its enterprise-grade touch, vision, and voice technologies help hospitality businesses thrive while delighting guests. Presto’s solutions are designed to enable restaurants to do more with less by increasing their guest-to-staff ratios, improving speed and quality of service, identifying bottlenecks, and offering guests a superior experience. These solutions include:

**● Voice: ** Guests and staff can place orders in a natural conversational style via automated speech recognition artificial intelligence with over 94% accuracy, even in noisy environments.

**● Vision: ** Using just a few cameras equipped with computer vision, restaurants can measure throughput and order accuracy, identify issues, repeat visitors and implement real-time solutions.

**● Touch: ** Designed for both drive-thru and dine-in applications, the same Presto Flex can be deployed as a pay-at-table, staff handheld, kiosk, or drive-thru line buster—offering wide front-of-house flexibility.

The Chief Product Officer will report to the Chief Executive Officer and be responsible for the vision and strategy of Presto products and product roadmap. The ideal candidate will have a combination of business management acumen, experience in product management, specifically, full PLM, the technical depth to understand the engineering and product development process, and the entrepreneurial mindset that enables him/her to build a business case for how the company or specific business unit should take advantage of a market opportunity. This includes, but is not limited to: concept/product definition, investment analysis, customer requirements, product development cycle, go-to-market plan, and new product introduction (NPI) specifics.

At Presto you will:

  • Be responsible for the product vision, strategy, and roadmap for the company.
  • Serve as our product entrepreneur to lead a modern, innovative platform in an outdated (restaurant) industry.
  • Crystalize new product ideas and features from other market-leading products, competitors, and Presto marketing, sales, and operations teams.
  • Develop next-gen AI/ML technologies and bring these technologies to market.
  • Drive high-level product planning and prioritization processes for the company.
  • In collaboration with marketing and sales, lead customer reach to deeply understand our brand and business needs to identify product opportunities, spur innovation, and delight our customers with innovative solutions.
  • Leveraging customer research and business input, make data-driven decisions to develop and maintain the product roadmap and align it to business needs.

What We are Looking For:

  • Demonstrated leadership experience setting the vision and building, leading, and motivating product management teams.
  • Leads by example with creativity, strategic thinking, innovation, and influencing skills.
  • High intellectual horsepower and strong technical knowledge of the product management lifecycle.
  • 10+ years of experience in product strategy and/or product management at high-growth tech companies.
  • Experience in conceptualizing & launching successful AI/ML products.
  • Proven track record of building highly scalable products that customers love.
  • Deep understanding and perspective on emergent technologies and how they shape and inform next-generation products.
  • Highly collaborative leader with strong communication and negotiation skills.
  • Experience driving cross-functional collaboration and “translation” between business/customer and technical teams.
  • Customer-first mentality with a strong technical acumen and strong strategic capabilities.
  • Confidence and comfort with ambiguity and change.
  • Recognized self-starter who enjoys a fast-paced environment and seeks the challenge of winning in a rapidly changing marketplace.

With over 250,000 systems shipped, we are one of the largest labor automation technology providers in the industry. Founded at M.I.T. in 2008, Presto is headquartered in Silicon Valley, Calif. with customers including many of the top 20 restaurant chains in the U.S.

We welcome you to visit our investor page to learn more about Presto’s recent announcement to be Publicly Listed Through a Merger with Ventoux CCM Acquisition Corp (NASDAQ: VTAQ)https://presto.com/public-listing-merger/

Job Summary
  • Job Title
    Chief Product Officer
  • Company
    Presto
  • Location
    Redwood City, CA
  • Employment Type
    Full time
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