Baxter International Inc.

Making a Meaningful Difference in Healthcare

Indiana UniversityIndiana UniversityX420 SCOOP Session PresentationX420 SCOOP Session Presentation

Jim BleakleyJim BleakleyJanuary 25, 2005January 25, 2005

Presenter BioSketch

Jim Bleakley BA Psychology – University of

Michigan Masters in Human Resources

– Michigan State University 2 ½ years in Baxter’s HR

Development Program 2 ½ years as an HR

Generalist with Corporate Finance

6 months managing Baxter’s Global Financial Development Program (FDP)

Presentation Outline

•Company Overview

•Financial Development Program (FDP) Overview

•Career Opportunities

•Questions

Baxter International Inc.

At Baxter, one of our primary goals is to advance the best in healthcare worldwide.

Every day, our products and services help treat thousands of people around the world with some of the most complex conditions — from hemophilia to cancer and immune disorders to kidney disease.

Baxter’s Vision and Mission

Our VisionTo be the global leader in providing critical therapies for people with life-threatening diseases.

Our MissionTo apply our expertise in medical devices, pharmaceuticals and biotechnology to make a meaningful difference in patients’ lives.

Climbing to New Heights

When Baxter PD patients travel, Baxter can arrange to deliver their solutions wherever they happen to be. In one extraordinary case, U.K. patient Tony Ward wanted to draw attention to the benefits of PD by performing the therapy during a three-day climb to the top of Europe’s highest mountain, Mont Blanc. Baxter arranged for his solutions to be delivered by helicopter to mountain huts along the way.

A year later, Ward bicycled more than 1,000 miles across Great Britain, this time accompanied by a van carrying his Baxter HOMECHOICE automated PD machine, which he used to perform dialysis overnight.

Company Snapshot Over 70 years of market

leadership driven by a well-recognized global brand

$8.9 billion global market leader

Over 50% of sales and earnings outside the United States

Approximately 70% of sales from products with leading market positions Approximately 50,000 employees around the world in more than 250 facilities and 27 countries

Baxter’s Business Portfolio Well-recognized global brand that drives market

leadership

Balanced, global portfolio

Focus on essential therapies for life-threatening conditions

Leveraging capabilities across businesses to provide high quality, cost-effective products and servicesBioScience Medication

DeliveryRenal

Financial Development Program

A rotational program aimed at bringing strong talent into Baxter, developing, then deploying that talent into the organization as a foundational building block to Baxter’s future success

Financial Development Program

Four rotations, approximately nine months each

Functional skills are developed through technical training and on-the-job training in different finance disciplines

Both domestic and international rotational assignments are available. Approximately 25% of the rotations are international:

Europe: Belgium, Ireland and Switzerland.

Asia / Other: Canada and Australia

US: Northern Illinois, California and various plant & satellite offices scattered through the States

FDP Training Associates have the opportunity to complete 7 modules of

training throughout their tenure, each lasting 2 to 3 days Training is focused on providing an in-depth Baxter

perspective on various Accounting/Finance and business related concepts

The modules are:• Orientation/Financial Systems• Reporting & Analysis• Supply Chain and Manufacturing• Planning• Audit and Consolidations• Tax and Treasury• Business Development

Typical Rotations

Financial Planning and Analysis

Corporate Audit

International Finance

Corporate Tax

Financial Information Systems

Manufacturing Finance

Financial Reporting

Life After the FDP: Graduates

Henrik WahlbergFDP Grad Nov 2003

Talha AshrafFDP Grad June 1999

Sr. Business AnalystBioScience Europe

Switzerland

Sr. Finance MgrBioScience

North America

                

Others:

Reta Hall (1996)

Dir, Planning & Reporting, Europe

Araseli Barriga (1997)

Sr. Mgr, Treasury

Amber Doster (2002)

Sr. Mgr, Finance

FDP Candidate Profile Accounting or Finance

undergraduate major

15 hours of accounting coursework

Record of academic excellence

Strong communication, critical thinking and interpersonal skills

Teachability and flexibility

Team player

Willing to relocate for rotations

Recruitment Timeline

Internships

SCOOP January 25

Roundtables January 25

First round interviews February 17

Second round interviews February 18

Full-time

First round interviews February 17

Second round interviews February 18

Making a Meaningful Difference