Butterfly Network, Inc. has announced the appointment of Caroll H. Neubauer to its Board of Directors, effective May 18, 2026. Mr. Neubauer joins the team with a distinguished career spanning thirty years in the medical technology sector. He will serve on the Board of Directors’ Technology Committee and Compensation Committee. This strategic move comes as the company continues to advance its semiconductor-based ultrasound technology and AI-driven software.
During his twenty-nine years on the Global Management Board of the B. Braun Group of Companies, Mr. Neubauer helped grow annual revenue from $1 billion to over $8 billion. He also served as the Chairman and CEO of B. Braun USA. His leadership helped the company become a top provider of pain management and infusion therapy solutions. Beyond his corporate work, Mr. Neubauer spent over fifteen years on the Board of Directors for the Advanced Medical Technology Association (AdvaMed).
“Caroll spent three decades building and scaling one of the world’s leading medical device companies, navigating global markets, complex regulatory environments, and large-scale commercial partnerships,” said Joseph DeVivo, President, Chief Executive Officer, and Chairman of Butterfly. “That breadth of experience, from growing a business across geographies to forging the kinds of industry relationships that open new markets, is directly relevant as Butterfly evolves into a multi-faceted platform. We are delighted to welcome him to the Board.”
Expanding Strategic Expertise in Healthcare Technology
Butterfly Network is currently at a compelling moment as it pursues multiple growth initiatives. The company recently commercialized the Butterfly iQ3, the world’s first single-probe, whole-body portable ultrasound device. Mr. Neubauer’s background in navigating global markets will be vital as the company pushes toward profitability.
“Butterfly has built a genuinely differentiated technology platform, and the company is at a compelling moment: accelerating toward profitability while pursuing multiple growth initiatives,” said Mr. Neubauer. “That combination of financial momentum and strategic breadth is what makes this such an exciting time to join the Board. I look forward to working with Joe and the team to help Butterfly realize its full potential.”
He expressed excitement about joining the team to help the company realize its full potential. Mr. Neubauer also serves as an Executive Advisor to Water Street Healthcare Partners in Chicago and previously chaired the German American Chamber of Commerce in New York for over a decade. These roles have allowed him to champion programs that strengthen healthcare communities across the United States and Europe.
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News Source: Businesswire.com