Full Press Release Details
Corporation Appoints William J. Knight to Chief Operating Officer and Brian P.
Monahan to Chief Financial Officer
Mass. November 9, 2009 (BUSINESS WIRE)
Bruker Corporation (NASDAQ:
BRKR) today announced that its Board of Directors has appointed Bill Knight to
Chief Operating Officer (COO) and Brian Monahan to Chief Financial Officer
(CFO), with an effective date of February 1st, 2010.
Presently, Bill Knight is serving as CFO, and Brian Monahan is serving
as Chief Accounting Officer of Bruker Corporation.
Laukien, Bruker s President and CEO, stated: Bruker has a 49 year proud
history of technology leadership and customer-focused product innovation. Going forward, we believe that the
combination of continued innovation and an increased focus on operational
excellence will drive margin expansion, balance sheet metrics and cash flow for
increasing shareholder value. In order
to drive our operational excellence initiative, we have created the new
position of Chief Operating Officer at Bruker Corporation.
continued: Today, we are very pleased to announce the promotion of two
extremely capable individuals to expanded responsibilities. Over the past five years, Bill Knight has
demonstrated strong financial and operational leadership at Bruker, and in his
newly-created COO role Bill will lead and fully focus on our operation
excellence initiative. Brian Monahan has
been a key leader and contributor in our finance organization over the past
five years, and we believe he is an excellent choice to succeed Bill as our
Bruker Corporation as CFO and Treasurer in October 2004. At Bruker, Mr. Knight is also the
President of the Bruker Detection business in the United States. Before joining the Company, Mr. Knight
served as an operations-focused CFO in several public companies, and was a
founder of ATI Technologies, an analytical instruments company, where he had
both financial and operational responsibilities. Mr. Knight served as CFO of Anika
Therapeutics, Inc., from 2002 to 2004.
He served as CFO of Zycos, Inc., a developer of DNA-based
therapeutic products, from 2000 to 2002, and as CFO of NMT Medical, Inc.,
a provider of cardiovascular and neurological medical devices, from 1998 to
2000. Mr. Knight is a Certified
Public Accountant and holds a B.B.A. in Accounting from the University of
Bruker Corporation as the Corporate Controller in April 2004 and was
appointed Chief Accounting Officer and Vice President of Finance in March 2009.
In addition to his corporate responsibilities, Mr. Monahan has served in
both financial and operational roles in the Bruker Daltonics division, where he
has been an Executive Vice President of Bruker Daltonics since November 2006
and General Manager of the Americas since July 2008. From January 2005 to November 2006,
Mr. Monahan was Vice President of Finance for Bruker Daltonics, and from July 2004
to January 2005 he was Assistant Vice President of Finance for Bruker Daltonics. Before joining the Company, from 2002 through
2004, Mr. Monahan served as the Manager of Accounting and Financial
Reporting at Fisher Scientific International, Inc., and as an audit
PricewaterhouseCoopers LLP from 1999 through 2002. Mr. Monahan is a Certified Public
Accountant and holds a B.S. in Accounting from the University of Massachusetts.
Bruker Corporation is a leading provider of
high-performance scientific instruments and solutions for molecular and
materials research, as well as for industrial and applied analysis. For more
information about Bruker Corporation, please visit www.bruker.com.
statements contained in this press release that do not describe historical
facts may constitute forward-looking statements as that term is defined in the
Private Securities Litigation Reform Act of 1995. Any forward-looking
statements contained herein are based on current expectations, but are subject
to risks and uncertainties, that could cause actual future results to differ
materially from those projected including, but are not limited to, risks and
uncertainties relating to adverse changes in conditions in the global economy
and volatility in the capital markets, the integration of businesses we have
acquired or may acquire in the future, changing technologies, product
development and market acceptance of our products, the cost and pricing of our
products, manufacturing, competition, dependence on collaborative partners and
key suppliers, capital spending and government funding policies, changes in
governmental regulations, realization of anticipated benefits from economic
stimulus programs, intellectual property rights, litigation, and exposure to
foreign currency fluctuations and other risk factors discussed from time to
time in our filings with the Securities and Exchange Commission. These and
other factors are identified and described in more detail in our filings with
the SEC, including, without limitation, our recent Proxy Statements on Schedule
14A, our annual report on Form 10-K for the year ended December 31,
2008, our most recent quarterly reports on Form 10-Q and our current
reports on Form 8-K. We expressly disclaim any intent or obligation to
update these forward-looking statements other than as required by law.
Source: Bruker Corporation
| FOR FURTHER INFORMATION: | Stacey Desrochers, Director of Investor Relations |
| Tel: +1 (978) 663-3660, ext. 1115 | |
| Email: stacey.desrochers@bruker.com |