PPG Industries, Inc.PPG Industries, Inc.

Indiana UniversityIndiana University

SCOOPSSCOOPS

September 20September 20thth, 2005, 2005

OverviewOverview

• PPG – do you know who we are?

• Financial Leadership Program

• Characteristics of FLDs

• Opportunities/Positions for FLDs

• Specific Career Paths

PPG – Who Are We?PPG – Who Are We?

• Mutation of P&G – Sorry, but No!

• Points per Game – Nope!

• Pittsburgh Plate Glass – Used to be!

• Power Play Goal – Nah…

PPGPPG

• Global producer of Glass, Fiberglass,

Coatings, and Chemicals

• HQed in Pittsburgh, PA

• 30,000+ Employees Worldwide

• 100+ Manufacturing Facilities

• 21 Different Countries

PPGPPG• Composed of 15 SBUs

• Continuous dividends since 1899

• Over 100,000 shareholders of which 25,000 are current or retired PPG employees

• Grouped into Glass, Fiberglass, Coatings and Chemicals

PPG Global OperationsPPG 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

PPG-Financial ResultsPPG-Financial Results

2004Total Sales – $9.5 Billion

Coatings

Chemicals

Glass

PPG-Global Sales &PPG-Global Sales &Operating IncomeOperating Income

Glass25%

Chemicals20%

Coatings55%

Chemicals23%

Glass7%

Coatings70%

2004

Sales Operating Income

PPG - CoatingsPPG - 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

PPG - CoatingsPPG - Coatings• World’s leading producer of industrial

coatings– Used on thousands of applications

ranging from golf balls to refrigerators

PPG - CoatingsPPG - 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

PPG - CoatingsPPG - 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

PPG - CoatingsPPG - Coatings• Maker of Olympic, Lucite, Pittsburgh

and Porter brand paints/stains– Among the most respected names in

the North American consumer finishes market

PPG - GlassPPG - 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– Heated to reduce effects of fog

and frost– Can darken to reduce glare– Can display instrument readings

PPG - GlassPPG - 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

PPG - GlassPPG - 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

PPG – Fiber GlassPPG – 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

PPG - ChemicalsPPG - Chemicals• Producer of specialty chemicals

– Including optical products, silicas, fine chemicals

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

pulp/paper manufacturing, oil drilling, aluminum production

PPG - ChemicalsPPG - 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

Finance at PPGFinance at PPG

Financial Leadership

Development Program(FLD)

FLD ProgramFLD Program• Broad Finance Opportunities

• Actual Job

• 1st ~ 18 mos; then 2-3 yrs

• Ownership of Career

• Promote / Reward Performance

• Diversity of Assignments

• OTJ Training

Development GoalsDevelopment 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 CharacteristicsFLD Characteristics• Leadership Skills• Adaptability• Effective Communication Skills• Strong Analytical Skills• Ability to Learn Quickly• Geographic Flexibility• GPA >= 3.2 on 4.0 scale• Majors: Accounting, Finance, Economics,

and Management Studies – Must have at least 2 terms of accounting

Functional OpportunitiesFunctional 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 StaffFinancial Accountant- Controller’s Staff

Position Description:Position Description:• Complete a variety of SBU specific

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

• Ensure application of appropriate FASB/GAAP accounting principles

• 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 Accountant- Con’tFinancial Accountant- Con’t

Skills and Success Factors:Skills and Success Factors:• Financial Analysis• Technical Accounting Skills

Other Information:Other Information:• General Office • Indirect Supervision of Clerical Staff• Travel is <10%

Financial Accountant- Con’tFinancial Accountant- Con’t

Staff AuditorStaff Auditor

Position Description:Position Description:• Assist Senior Auditor in performing all

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

Position Description:Position Description:• Assist with discussion and communication

of all findings to various levels of PPG management.

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

Skills and Success Factors:Skills and Success Factors:• Communicate & Share Information• Learn Continuously• Size up Situations

Staff Auditor – Con’tStaff Auditor – Con’t

Skills and Success Factors:Skills and Success Factors:• Foreign language proficiency• Internal controls• Technical accounting skills

Other Information:Other Information:• Based out of General Office; audits

performed at any PPG location worldwide• Travel is 50-75%

Staff Auditor – Con’tStaff Auditor – Con’t

Daily Duties:Daily Duties:• Interview different associates who

perform different functions • Data analysis and transactional

testing is done to verify internal controls are in place and functioning properly

• Document the process and testing performed

Staff Auditor – Con’tStaff Auditor – Con’t

Revenue/Sales AccountantRevenue/Sales Accountant

Position Description:Position Description:• Ensure timely and accurate accounting

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

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

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

Skills and Success Factors:Skills and Success Factors:

• Attend to Detail

• Communicate & Share Information

• Solve Problems

• Account Analysis

• Internal controls

• PC Skills

Revenue/Sales AccountantRevenue/Sales Accountant

Other Information:Other Information:

• General Office and select plant locations,

• Supervision of non-exempt personnel

• Travel is <10%

Revenue/Sales AccountantRevenue/Sales Accountant

Dan Lemansky - IU ‘97Dan 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 – 2003 – Pittsburgh, PA – Financial/Business Planning Analyst (Packaging Coatings)

• 2004 – Present – Pittsburgh, PA – Accounting Manager (Architectural Coatings)

Mark Guenthenspberger - IU ‘94Mark Guenthenspberger - IU ‘94

• Staff AccountantChlor-Alkali SBU; Lake Charles, LA

• Financial AccountantChlor-Alkali SBU; Pittsburgh, PA

• Sr. Cost AnalystChlor-Alkali SBU; Natrium, WV

• Financial Project CoordinatorCoatings Controllership; Pittsburgh, PA

• Financial AnalystTrueFinishTM Industrial Coatings; Pittsburgh, PA

• Manager, Credit ServicesArchitectural SBU; Louisville, KY

PPGPPG

Visit our website at:

www.ppg.com