BILLERICA, Mass.--(BUSINESS WIRE)--Feb. 22, 2012--
Bruker Corporation has announced the appointment of Mr.
Stephan
Westermann
as Executive Vice President – Order
Execution, Production & Logistics of the Bruker Scientific
Instruments (BSI) segment.
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Stephan Westermann
, Executive Vice President - Order Execution, Production & Logistics (Photo: Business Wire)
Frank Laukien
, President and CEO of Bruker Corporation, stated: “We have
considered carefully which candidate could be most effective in this
important position, and have concluded that Stephan has the right
combination of experience with other companies, experience in Europe and
in the US, as well as financial and operational experience with two
major Bruker divisions. Stephan has the strong drive and good judgment
to make sensible changes in production and logistics, as well as in
order execution management from quote to acceptance and cash. Everyone
at Bruker strongly supports Stephan in further advancing our Operational
Excellence initiative, which has achieved good momentum in the last two
years under the leadership of
Bill Knight
.”
Mr. Westermann’s experience and background include:
- Since May 2011, EVP of Operations of Bruker BioSpin division;
- In 2006-2011, CFO of Bruker AXS division, later CFO of Bruker AXS and
Bruker BioSpin;
- In 2003-2006, first CFO and then VP of Printing Technology division at
Battenfeld Gloucester Engineering Co. in Massachusetts;
- In 1995-2003, Controller of SMS AG in Germany, a manufacturer of
metallurgical plant and rolling mill technology solutions;
- In 1995, Masters in Business & Engineering (Diplom
Wirtschaftsingenieurwesen).
Stephan Westermann
commented: “I am delighted to be given the
opportunity to lead Bruker’s operations teams in order to continue to
drive gross margin improvements via alignment of processes in Bruker’s
global order execution chain. Bruker intends to generate further
efficiency gains and expense reductions, as well as reductions in
working capital ratios, and we will also pursue selective best-cost
sourcing of non-core activities. Moreover, Bruker will continue
stream-lining its global supply chain and developing best-cost
manufacturing, always with a focus on quality and customer satisfaction.”
As part of this transition, Mr.
William Knight
has stepped down from his
‘Interim COO’ position in order to focus fully on his responsibilities
as Bruker’s Chief Financial Officer.
About Bruker Corporation
Bruker Corporation (NASDAQ: BRKR) 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, please visit www.bruker.com.
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Source: Bruker Corporation
Bruker Corporation
Stacey Desrochers, +1 978-663-3660, ext. 1115
Treasurer
and Director of Investor Relations
stacey.desrochers@bruker.com