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On February 14, Raymond Berglund visited the University of Memphis to speak to the CDMBA and IMBA classes as part of the Fogelman Executive Lunch Series. He provided his opinions on the current trends of healthcare and the medical device industry as well as providing the group advice on being a “young leader.”Raymond Berglund is the Senior Director of Finance for the Global Franchises of the Advanced Surgical Devices Division of Smith & Nephew. He leads finance support to all Advanced Surgical Device Division product franchises, helping shape strategic direction and drive financial performance. Focusing on product portfolio lifecycle management, profitability and return on assets, both by product franchise and by geography.
He joined Smith & Nephew in 2010 as Business Process Champion, and was successful in leading the global business effort of reducing Orthopaedic net inventory by greater than 10% in 2011. Upon the reorganization of Endoscopy and Orthopedic business units, he was named the leader of the Enterprise Excellence group overseeing global strategic process improvements. In January 2011, he was named Senior Director, Finance.
He began his career at General Electric in the Transportation division’s Operations Management Leadership Program in Erie, PA. He joined the GE Corporate Audit Staff, progressing to Audit Manager, before taking the role as CFO Respiratory & Sleep division of GE Healthcare, where he led the integration of two acquisitions and the formation of strategy in the newest product space for GE Healthcare.
A graduate of Clarkson University in Engineering & Management, he now resides in Memphis, TN.