Medical Action Appoints John Sheffield as CFO
Medical Action Industries, a supplier of medical and disposable surgical products, has appointed John Sheffield as chief financial officer (CFO) and corporate secretary. He will join the executive team responsible for strategy, planning and operations, and will oversee the company’s finance, accounting and investor relation functions.
Sheffield brings 20 years of financial, accounting and strategic transaction experience to Medical Action. He joins from Bank of America Merrill Lynch where he was a senior investment banker providing strategic and financial advice primarily to middle market companies. In addition, Sheffield has worked with other premier investment banks providing advice on mergers and acquisitions (M&As), as well as debt and equity financings. He has represented companies across several industries, with a particular focus on healthcare.
Previously, Sheffield was vice president of corporate development for ReAble Therapeutics (now known as DJO), a portfolio company of the Blackstone Group and global manufacturer of orthopaedic medical devices and services. He began his career as a certified public accountant (CPA) with a predecessor of PricewaterhouseCoopers (PwC).