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Home » Bruker taps Charles Wagner for board

Bruker taps Charles Wagner for board

August 9, 2010 By MassDevice staff

BRKR logo

Bruker Corp. (NSDQ:BRKR) elected Charles Wagner to its board of directors and audit committee.

The former Millipore (NYSE:MIL) CFO was also elected to the board of Bruker subsidiary Bruker Energy & Supercon Technologies Inc.

Wagner left his former post when Merck KGaA (NYSE:MRK) closed its $6 billion deal to acquire Billerica, Mass.-based Millipore.

The election of Wagner to the Bruker leadership posts confirmed the company’s compliance with all applicable NASDAQ listing requirements, according to a press release.

In a prepared statement, Bruker CEO Frank Laukien touted Wager’s executive experience. He said his "experience in the life science industry, as well as in strategy development, business growth, operational improvements and financial management. … will benefit Bruker, as we continue our drive for rapid growth, margin enhancement and operational excellence."

Wagner will earn $26,000 a year for his service on Bruker’s board, plus $18,000 for serving on the audit committee, according to a regulatory filing.

Billerica, Mass.-based Bruker ‘s net earnings jumped 19 percent in the company’s second quarter, powered by significant and continuous gains for its scientific instruments segment.

Filed Under: Business/Financial News, Lab Instruments & Supplies, News Well Tagged With: Bruker Corp.

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