B. Braun Medical announced today that it appointed James Allen as a senior VP and as the company’s chief financial officer.
Allen, a veteran of more than 30 years in finance and management within multiple industries and disciplines, will replace Bruce Heugel, who last year announced that he would retire after more than 20 years at B. Braun, according to a news release.
Following a transition period, in his new position, Allen is slated to lead all financial operations of the Bethlehem, Pa.-based B. Braun group of companies in North America as they develop infusion and pain management therapies, among other offerings.
“With his strong leadership skills, extensive experience across a wide range of functions, and proven ability to design and implement customer-focused financial strategies to deliver profitable growth, James is ideally qualified to support B. Braun in this critical role,” B. Braun of America chairman & CEO Jean-Claude Dubacher said in the release.
Allen previously served as an operating company CFO with Steel Partners for the past six years. Before that, he spent 15 years across various business development and financial leadership roles at Johnson & Johnson.
“I’m eager to work with the B. Braun team to execute on the company’s strategy for growth and support its long-standing mission to protect and improve the health of people in North America,” Allen said. “In my experience, there is no better calling than to help enable the manufacture and delivery of products that save lives each and every day.”