Bruker Corporation Appoints Charles F. Wagner, Jr. as Executive Vice President and New Chief Financial Officer

11-Jun-2012 - USA

Bruker Corporation announced the appointment of Charles F. Wagner, Jr. as its Executive Vice President (EVP) and new Chief Financial Officer (CFO), effective on or about June 30, 2012. William J. Knight, the Company's current CFO, will continue to serve as a member of the Company's senior management team and will work with Mr. Wagner to ensure a smooth transition of his responsibilities as CFO.

Since August 2010, Mr. Wagner has been a member of the Company's Board of Directors and a member of the Audit Committee of the Board, roles that he stepped down from effective June 4, 2012. Chris van Ingen, an independent director of the Company, has been elected to serve on the Audit Committee as of June 4, 2012.

Mr. Wagner brings over twenty years of financial and management experience to his new role as Bruker's EVP and CFO, including experience as the CFO of two publicly traded companies and expertise in financial analysis, and strategic planning and development. He most recently served as Executive Vice President of Finance and Administration and CFO of Progress Software Corporation, a provider of enterprise software located in Bedford, Massachusetts, from November 2010 to March 2012. Prior to joining Progress Software, Mr. Wagner served as Vice President and CFO of Millipore Corporation, a global provider of products and services in the life science tools market, from 2007 until July 2010, when Millipore was acquired by Merck KGaA. Mr. Wagner joined Millipore in 2002 and from 2003 to 2007 served as Vice President, Strategy and Corporate Development. From 1997 to 2002, he served in various roles at Bain & Company after having served as Manager, Accounting Analysis, at Millipore from 1995 to 1996 and as Manager at Coopers & Lybrand from 1990 to 1995. Mr. Wagner holds a B.S. from Boston College and a M.B.A. from Harvard Business School.

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