This is possible if the timing is right.
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Not if her J-1 is subject to home residency requirement.
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Any H1B issues logically and legally must be addressed to the sponsoring company's immigration attorney vested with a professional responsibility to handle all collateral arising issues with such immigrant visas as their exact procedural completion cannot be ever resolved by a short online paragraph.
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Certain J-1 candidates are subject to a 2 year home residency requirement (HRR) and cannot change status, without obtaining a waiver for the requirement. You would have to first make sure that she is not subject to 2 year HRR.
No problems if she is not subject to the 2-year residency requirement and is approved for the B-1 visa.
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