February 24, 2021 – B. Braun Medical Inc. announced that James Allen has joined the company’s Executive Leadership Team and will assume the role of SVP and CFO following a transition period.
In this position, Allen will lead all financial operations of the B. Braun group of companies in North America.
Allen will replace Bruce Heugel, who last summer announced his decision to retire from B. Braun after more than twenty years of service. Heugel will transition responsibilities to Allen over the next several months, until he retires in May 2021.
Allen brings more than 30 years of finance and management experience across a range of industries and financial disciplines. He comes to B. Braun after serving for 6 years as an operating company CFO with Steel Partners, where he led the implementation of multiple successful growth initiatives.
His previous experience includes 15 years at Johnson & Johnson in a variety of business development and financial leadership roles. He began his career at Amoco Corporation.