Early Life and Family
Otto Philipp Braun was born in Kassel, Germany, in 1978. He is a member of the sixth generation of the Braun family involved in B. Braun Melsungen, a company that began as a small pharmacy in 1839. His father, Ludwig Georg Braun, took over the reins of the company in 1977, when the annual sales were around $24 million.
Rise to Success
Otto Philipp Braun owns a 23% stake in B. Braun Melsungen. Before stepping down in 2017, he was responsible for the company's Iberian Peninsula and Latin American regions. His career within the family business reflects a commitment to the growth and global reach of B. Braun Melsungen.
Key Business Strategies
B. Braun Melsungen has grown into a major medical device manufacturer with over 64,000 employees globally. The company manufactures a wide array of products, from infusion and injection solutions to surgical instruments. The company's expansion reflects a history of innovation in the medical technology industry.
Philanthropy
Johanna Braun, Otto's sister, is a member of the board of the B. Braun Foundation, which focuses on education, science, and public health within human medicine. B. Braun has had a presence in Africa for more than 60 years and has subsidiaries in multiple countries in the region.