UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 


 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of the Securities Exchange Act of 1934

 


 

Date of Report (Date of earliest event reported): October 13, 2015

 

BRUKER CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware

 

000-30833

 

04-3110160

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

40 Manning Road
Billerica, MA 01821
(Address of principal executive offices)(Zip Code)

 

Registrant’s telephone number, including area code: (978) 663-3660

 


 

Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the reporting obligation of the registrant under any of the following provisions:

 

o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 5.02  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

(c)           On October 13, 2015, Bruker Corporation (the “Company”) announced the appointment of Dr. René Lenggenhager as President of the Bruker BioSpin Group, effective November 1, 2015.

 

Since 2004, Dr. Lenggenhager, age 55, has served as General Manager for Laboratory Weighing at Mettler-Toledo International Inc. (“MTD”). From 2000 until 2003, he was the Head of R&D of Laboratory & Weighing Technologies at MTD. Prior to joining MTD, he worked at the Siemens Building Technologies SBT Cerberus Division, at Cerberus AG and at Landis & Gyr AG. Dr. Lenggenhager holds a Ph.D. in Physics from the Swiss Federal Institute of Technology, a Bachelor of Science in Electronics from the University of Applied Sciences NTB in Buchs, Switzerland and an Executive MBA from the University of St. Gallen in Switzerland.

 

Dr. Lenggenhager’s total target cash compensation will be 500,000 Swiss Francs, or approximately $520,047 per annum, including (i) an annual base salary of 370,000 Swiss Francs, or approximately $384,835, and (ii) a target cash incentive bonus of 130,000 Swiss Francs, or approximately $135,212.  Dr. Lenggenhager will be entitled to receive a pro-rated cash incentive bonus for the remainder of 2015 in the amount of 21,667 Swiss Francs, or approximately $22,536.  Dr. Lenggenhager will be entitled to receive an annual equity award with a value of 250,000 Swiss Francs, or approximately $260,024, pursuant to the Company’s 2010 Incentive Compensation Plan, with the first such equity award to be made within one month of the commencement of his employment in the form of 50% stock options and 50% restricted stock restricted stock units based on value as of the date of grant, subject to time-based vesting and such other customary terms and conditions as may be determined by the Compensation Committee of the Company’s Board of Directors. Dr. Lenggenhager will be eligible to participate in the pension plan offered to the Company’s Swiss employees, as well as all other customary employee benefit plans or programs generally available to the Company’s employees and/or executive officers.  Additionally, he will be provided an automobile for use during his term of employment.

 

Dr. Lenggenhager’s employment with the Company is at will and may be terminated by either party for any or no reason or cause upon six months written notice. Dr. Lenggenhager may not agree to work for, or provide services to, any competitor of the Bruker BioSpin Group for a period of one year following resignation or the termination of his employment by the Company.  Additionally, during the term of his employment and for a period of two years thereafter, Dr. Lenggenhager will be subject to customary non-solicitation obligations with respect to the Bruker BioSpin Group’s customers and employees.

 

There are no other arrangements or understandings between Dr. Lenggenhager and any other persons pursuant to which he was selected as President of the Bruker BioSpin Group. Additionally, there are no transactions involving the Company and Dr. Lenggenhager that the Company would be required to report pursuant to Item 404(a) of Regulation S-K.

 

A copy of the Company’s press release announcing Dr. Lenggenhager’s appointment is attached hereto as Exhibit 99.1.

 

Item 9.01  Financial Statements and Exhibits.

 

(d)   Exhibits

 

Number

 

 

 

 

 

99.1

 

Press release dated October 13, 2015.

 

2



 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

BRUKER CORPORATION

 

(Registrant)

 

 

 

Date: October 13, 2015

By:

/s/ANTHONY L. MATTACCHIONE

 

 

Anthony L. Mattacchione

 

 

Senior Vice President and

 

 

Interim Chief Financial Officer

 

3



 

Exhibit Index

 

Exhibit
Number

 

Exhibit Name

 

Location

 

 

 

 

 

99.1

 

Press Release dated October 13, 2015.

 

Furnished herewith*

 


*            Exhibit 99.1 attached hereto is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

 

4




Exhibit 99.1

 

 

Bruker Announces René Lenggenhager as BioSpin Group President

 

BILLERICA, Massachusetts — October 13, 2015 — Bruker today announces the appointment of Dr. René Lenggenhager as President of the Bruker BioSpin Group, effective November 1st, 2015.  René has over 25 years of management experience in international high-tech companies and in the scientific instruments industry, where his responsibilities have included general management with P&L responsibility for a global business, marketing, R&D and global operations.  René has extensive experience with complex transformations, operational excellence, lean manufacturing, marketing and value selling.  Moreover, René has a very successful track record in sustainable, profitable growth with a focus on customers and innovation.

 

Since 2004, Dr. Lenggenhager has served as General Manager for Laboratory Weighing at METTLER TOLEDO (MTD).  From 2000 until 2003, he was the Head of R&D of Laboratory & Weighing Technologies at MTD.  Previously, he worked at the Siemens Building Technologies SBT Cerberus Division, at Cerberus AG, at Landis & Gyr AG and at Metrohm AG.  René holds a Ph.D. in physics from the Swiss Federal Institute of Technology (ETH), Zurich, a Bachelor of Science in electronics from the University of Applied Sciences NTB, Buchs, and an Executive MBA from University of St. Gallen, all in Switzerland.

 

Frank Laukien, President and CEO of Bruker Corporation, said: “I am very pleased to welcome René to Bruker.  His success in our industry, his broad technical background, and his passion for innovation and customers are impressive.  His outstanding track record with operational excellence, profitable growth and margin enhancement make René a compelling Group President to lead Bruker BioSpin to the next level.”

 

Dr. René Lenggenhager commented: “Bruker has a strong reputation for excellence in the customer community, with high-performance instruments and high-value analytical solutions.  Bruker BioSpin is making progress with its transformation and recent new product launches, and I am excited to join this creative team to drive profitable growth and value for our customers and shareholders.  I am committed to business success and to providing the best solutions to make our customers successful, and to develop new applications that will improve the quality of human life.”

 

GRAPHIC

 

About Bruker Corporation (NASDAQ: BRKR)

 

For more than 50 years, Bruker has enabled scientists to make breakthrough discoveries and develop new applications that improve the quality of human life.  Bruker’s high-performance scientific research instruments and high-value analytical solutions enable scientists to explore life and materials at molecular, cellular and microscopic levels.  In close cooperation with our customers, Bruker is enabling innovation, productivity and customer success in life science molecular research, in

 



 

applied and pharma applications, in microscopy, nano-analysis and industrial applications, as well as in cell biology, preclinical imaging, clinical research, microbiology and molecular diagnostics. 
For more information, please visit: www.bruker.com

 

Media contact:
Dr. Thorsten Thiel
Director of Marketing Communications
Bruker Corporation
T: +49 (721) 5161 — 6500
thorsten.thiel@bruker.com

Investor contact:
Joshua Young
Vice President, Investor Relations
Bruker Corporation
T: +1 (978) 667 — 9580, ext. 1479
joshua.young@bruker.com

 


Bruker (NASDAQ:BRKR)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Bruker Charts.
Bruker (NASDAQ:BRKR)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Bruker Charts.