Indiana University PPG Industries, Inc. Poop Session 1/4/03

Indiana University

PPG Industries, Inc.

Poop Session1/4/03

Overview PPG – who we are

Program for Finance Undergrads

Developmental Goals of the Program

Characteristics of FLDs

Opportunities for FLDs

Specific Positions of FLDs

Career Paths of Individuals

PPG Is . . .

A global maker of coatings, flat glass, continuous-strand fiber glass, industrial and specialty chemicals

A company founded in 1883

More than 100 production facilities

PPG Is . . .

More than 35,000 people in21 countries

Based in Pittsburgh, Pa.

Owned by 100,000 shareholders, including 25,000 employees and retirees

PPG Is . . .

One of few publicly traded companies to pay its shareholders dividends continually since 1899

Composed of 15 strategic business units in four major product areas:– Coatings – Fiber Glass– Glass – Chemicals

Coatings

World’s No. 1 producer of transportation coatings– two of every three new cars on

the road today contain PPG coatings

– PPG’s color palette includes more than 60,000 colors covering virtually every vehicle model manufactured over the past 60 years

Coatings

World’s leading producer of industrial coatings– used on thousands of applications

ranging from golf balls to refrigerators

Coatings

A world leader in packaging coatings technology– its Bairocade coating, which seals

carbonation inside plastic beverage containers, was recognized by R&D Magazine as one of the top technological breakthroughs of 1997

Coatings

A leading supplier of coatings and sealants to the world’s commercial, military and general aircraft industries– sealants, coatings used on

satellites, missiles and space telescopes

– sealants used on NASA’s space shuttle solid rocket boosters

Coatings

Maker of Olympic, Lucite, Pittsburgh and Porter brand paints/stains– among the most respected names

in the North American consumer finishes market

Glass

World’s leader in production of windows for commercial, military and general aviation aircraft. PPG aircraft transparencies:

– seal in cabin pressure, protect pilots from airborne hazards

– are heated to reduce effects of fogand frost

– can darken to reduce glare– can display instrument readings

Glass

One of the world’s largest manufacturers of flat glass– fabricated into a wide assortment

of finished products for homes, commercial buildings, aircraft, furniture and motor vehicles

Glass

One of the world’s largest makers of original and replacement automotive glass– tinted, coated, heat-absorbing

glass improves comfort, reduces load on air conditioners

– full line of replacement glass parts for vehicles dating back to 1949

Fiber Glass

Producer of continuous-strand fiber glass used for a variety of purposes– including electronic circuit boards,

recreational boat hulls, tub and shower units

Chemicals

Producer of specialty chemicals– including optical products, silicas,

fine chemicals

Chemicals

One of the world’s largest producers of phosgene derivatives– used in pharmaceutical

intermediates, organic peroxides, agricultural chemicals, artificial sweeteners, other custom-manufactured products

Chemicals

A leader in the production of chlor-alkali chemicals– used in plastics, water purification,

pulp/paper manufacturing, oil drilling, aluminum production

Chemicals

Developer of Transitions – one of the world’s fastest-growing optical businesses– plastic photochromic lenses

automatically darken and lighten depending upon exposure to sunlight

Global Sales &Operating Income

Glass27%

Chemicals19%

Coatings54%

Chemicals10%

Glass2

30%

Coatings1

60%

1 Includes pre-tax charges of $41 million for integration of packaging acquisition and cost reduction efforts.

2 Includes pre-tax restructuring and one-time costsof $6 million related to PPG Auto Glass.

2001

Sales Operating Income

Financial Results

2001Total Sales – $8.2 Billion

Coatings$4.5 billion

Chemicals$1.5 billion

Glass$2.2 billion

PPG Global Operations

Australia • Argentina • Belgium • Brazil • Canada • China • England • France • GermanyIreland • Italy • Japan • Mexico • Netherlands • Philippines • South Korea • Spain

Taiwan • Thailand • Turkey • United States • Venezuela

Finance at PPG

Financial Leadership Development

(FLD)

FLD Program

Broad Finance Opportunities

Actual Job

1st – 12 months then (2-3yrs)

Ownership of Career

Promote / Reward Performance

Diversity of Assignments

OTJ Training

Developmental Goals

Build broad skills and experience in a variety of financial disciplines

Provide insight into the complexity of managing financial problems in a global economy

Develop planning, control, and management skills needed to achieve PPG’s Goals

Provide successors for financial management opportunities

FLD Characteristics

Leadership Skills

Adaptability

Effective Communication Skills

Strong Analytical Skills

Ability to Learn Quickly

Geographic Flexibility

Functional Opportunities

Managerial Accounting– Financial Analysis, Long-Range Planning,

Capital Budgeting

Financial Accounting– Inventory Control, A/P, A/R, Payroll, Costing

Internal Auditing– Internal Controls, Asset Verification, Frequent

Travel, Can Satisfy Experience for CPA

Treasury– Cash Management, Debt/Equity Financing

Issues, Credit Management

Tax Administration

Financial Accountant -Controller’s Staff

Position Description:Position Description:

Complete a variety of SBU Complete a variety of SBU specific accounting/reporting specific accounting/reporting activities including consolidation activities including consolidation accounting/reporting, PPG long accounting/reporting, PPG long range plan data gathering & range plan data gathering & assimilation, and oversight for assimilation, and oversight for macro SBU accounting items.macro SBU accounting items.

Ensure application of appropriate Ensure application of appropriate FASB/GAAP accounting FASB/GAAP accounting principlesprinciples


Ongoing interaction with various SBU, Corporate, and international PPG functions

Skills and Success Factors:Skills and Success Factors:

Solid PC Skills

Attention to Detail

Business Knowledge

Account Analysis



Financial Analysis

Technical Accounting Skills

Other Information:Other Information:

General Office

Indirect Supervision of Clerical Staff

Travel is <10%

Staff Assistant Auditor / Staff Auditor


Assist Senior Auditor in performing all Assist Senior Auditor in performing all fieldwork at an audit location. fieldwork at an audit location. Fieldwork can include some of Fieldwork can include some of planning of the audit, identifying key planning of the audit, identifying key transactions and risks at the unit, transactions and risks at the unit, ensuring that the unit has proper ensuring that the unit has proper internal controls in place to address internal controls in place to address the identified risks, and testing the the identified risks, and testing the unit’s internal controls to ensure that unit’s internal controls to ensure that they are functioning properly.they are functioning properly.



Assist with discussion and Assist with discussion and communication of all findings to communication of all findings to various levels of PPG management.various levels of PPG management.

Perform various ad hoc projects, as Perform various ad hoc projects, as requested by Audit Managers.requested by Audit Managers.


Communicate & Share Information

Learn Continuously

Size up Situations



Foreign language proficiency

Internal controls

Technical accounting skills


Based out of General Office; audits performed at any PPG location worldwide

Travel is 50-75%

Credit Rep./Collection Specialist/Credit Mgr.


Optimize customer collections.Optimize customer collections.

Minimize credit risk for a group of Minimize credit risk for a group of customers belonging to one or customers belonging to one or several PPG SBU’s.several PPG SBU’s.

Understand customer financial Understand customer financial information and make business information and make business decisions based on the risk to PPG.decisions based on the risk to PPG.

Establish and maintain appropriate Establish and maintain appropriate credit limits.credit limits.




Focus on Results

Promote Teamwork

Business negotiations

Financial analysis

PC Skills



General Office and other PPG locations

Travel is 10%

Revenue/Sales Accountant


Ensure timely and accurate accounting Ensure timely and accurate accounting relating to PPG revenue stream. relating to PPG revenue stream. Participate in development and Participate in development and maintenance of various SBU specific maintenance of various SBU specific revenue reporting mechanisms.revenue reporting mechanisms.

Identify and pursue opportunities to Identify and pursue opportunities to maximize PPG cash flow. Maintain maximize PPG cash flow. Maintain appropriate internal control environment.appropriate internal control environment.

Ongoing interaction with SBU Marketing, Ongoing interaction with SBU Marketing, Sales and Logistics functions.Sales and Logistics functions.



Attend to Detail


Solve Problems

Account Analysis

Internal controls

PC Skills



General Office and select plant locations,

Supervision of non-exempt personnel

Travel is <10%

Administrative Services Analyst


Participation in the monthly closing Participation in the monthly closing process; developing various process; developing various accounting applications/procedures accounting applications/procedures to reduce cycle time and costs.to reduce cycle time and costs.

Maintain appropriate internal control Maintain appropriate internal control environment.environment.

Various project assignments.Various project assignments.

Need solid PC SkillsNeed solid PC Skills

Administrative Services Analyst



Drive Change

Focus on Results

Account analysis

Internal Controls

Project management


Chillicothe or other shared services location

Indirect Supervision of Non-exempt personnel

Dan Lemansky - IU ‘97

1997 - Oak Creek, WI – FLD Trainee (Industrial Coatings)

1998 – Oak Creek, WI – Staff Accountant (Industrial Coatings)

1999 – 2000 – Oak Creek, WI – Cost Accountant / MBA – Marquette University (Industrial Coatings)

2001 – PR. – Pittsburgh, PA – Financial/Business Planning Analyst (Packaging Coatings)

Travis Perry - IU ‘97

1997 – Cleveland, OH – Staff/Cost Accountant (Auto Coatings)

1998 – Pinellas Park, FL – Cost Analyst (Transitions Optical)

2000 – PR. - Louisville, KY & Batavia, IL-Finance/Admin./Acct.(Olympic Stain,Lucite and Pittsburgh Paints)

Christine Camsuzou – ‘86

Paris and Pittsburgh – Internal Auditor

Tlanepantla, Mexico – Asst. Fin. Director

Torrance, CA – Cost Accountant

Ladywood, UK – Mgr. Financial Reporting

San Juan del Rio, Mexico – Fin. Director

Pittsburgh – Manager Strategic Development

Arville, France – Integration Manager

Pittsburgh – General Credit Manager

Pittsburgh – V.P. Quality Initiatives

Visit our market resource center at:

www.ppg.com

Documents

Indiana University PPG Industries, Inc. Poop Session 1/4/03