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Bedford-based Progress Software Corp. has tapped former Millipore Corp. CFO Charles “Charlie” F. Wagner as executive vice president, finance and administration and chief financial officer.
Wagner is replacing outgoing CFO Norman “Bud” R. Robertson, who announced his planned retirement as CFO in April. According to Progress Software CEO and President Richard Reidy, Robertson will remain with the company on a full-time basis through the end of 2010, then become part-time until May of 2011.
Prior to joining Progress Software (Nasdaq: PRGS), Wagner served as corporate vice president and CFO of Millipore from August of 2007 to July of 2010, when the company was acquired by Merck KGaA for $7 billion.
Before becoming CFO, Wagner served as corporate vice president, strategy and corporate development at Millipore. Before joining Millipore, he was a manager at Bain & Co. Inc. He started his career at Coopers and Lybrand LLP.
Wagner earned an MBA from Harvard University and holds a bachelor’s degree in accounting, summa cum laude from Boston College.
Last month, Progress Software spun out a new company called FuseSource Corp. to take advantage of an open source-based line of software integration and messaging tools that the company picked up when it acquired Iona Technologies plc of Ireland for $162 million in 2008.
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