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Bruker Corp. said Thursday that William Knight is stepping down as chief financial officer but will remain as a senior manager.

The scientific equipment maker named Charles F. Wagner Jr. to succeed Knight as CFO. He will also serve as executive vice president, effective by month's end.

Wagner had served as one of Wagner's board member and on the company's audit committee, but resigned from those posts on Monday. Board member Chris van Ingen will replace Wagner on the audit committee.

Wagner most recently served as CFO and executive vice president of financial and administration for Progress Software Corp. He has also served as vice president and CFO of Millipore Corp.

Last month Bruker reported that its first-quarter net income climbed nearly 34 percent as revenue improved.

Shares of Bruker, based in Billerica, Mass., added 12 cents to $14.81 in morning trading.

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