Baxter International Inc. Making a Meaningful Difference in Healthcare
Baxter International Inc. At Baxter, we are a global diversified healthcare company applying innovative science to develop specialty therapeutics and medical products that save and sustain patients’ lives.
Company Snapshot § Over 70 years of market leadership driven by a well-recognized global brand § $9. 5 billion global market leader § More than $1. 5 million invested in R&D every day § Over 50% of sales and earnings outside the United States § Approximately 48, 000 employees around the world in more than 250 facilities
Baxter’s Business Portfolio § Balanced, global portfolio with strong franchise breadth and depth § Well-recognized global brand that drives market leadership § Focus on essential therapies for life-threatening conditions § Leveraging capabilities across businesses to provide high quality, cost-effective products and services Bio. Science Medication Delivery $3. 5 billion $4. 0 billion Renal $2. 0 billion
Global Presence § Sixty-seven manufacturing facilities in 28 countries U. S. W. Europe Health-Care Expenditures § As economic expansion continues in developing countries, their spending on health care will increase Health-Care Expenditures Per Capita Japan Canada China Asia Latin America GDP Per Capita Expanding Global Presence to Meet Patient Needs
Making a Difference in the Community In 2004, Baxter and The Baxter International Foundation together contributed approximately $15 million worldwide to communities in need. Additionally, Baxter donated approximately $7. 9 million in vital medical products, primarily through the international disaster relief and humanitarian-aid organization Ameri. Cares.
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 § It is expected that the FDP shape strong analysts and future leaders for Baxter’s finance function
Financial Development Program § Four rotations, approximately nine months each § Functional skills are developed through technical training and onthe-job training in various finance disciplines § Both domestic and international rotational assignments are available. Approximately 25% of the rotations are international: § Europe: Belgium, Ireland 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 Others: Reta Hall (1996) Dir, Planning & Reporting, Europe Bob Hombach (1989) VP Finance, Europe Mary Kay Ladone (1989) Talha Ashraf FDP Grad June 1999 Henrik Wahlberg FDP Grad Nov 2003 Sr. Manager Portfolio Analysis Medication Delivery Sr. Business Analyst Renal Europe Switzerland VP, Investor Relations
FDP Candidate Profile § Accounting or Finance undergraduate major § 15 hours of accounting coursework § Record of academic excellence § Demonstrates drive & initiative, a positive attitude, critical/analytical thinking, interpersonal skills, sound decision-making, flexibility, strong communication and willingness to learn from others § Willing to relocate for rotations
Recruitment Timeline Full-time § Finance Career Fair Date: 9/14 § 1 st/2 nd Rounds Pre-night Event Date: 10/26 • Indiana Memorial Union, University Club – 7 PM § 1 st Round Interviews Date: 10/27 § 2 nd Round Interviews Date: 10/28 Summer Internships § Interviews in February/March Timeframe
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