Corporate Presentation Career Opportunities in Corporate Finance Jim Peters- Director, Finance, Whirlpool Corporation January 24, 2006.

Corporate Presentation

Career Opportunities in Corporate Finance

Jim Peters- Director, Finance, Whirlpool Corporation

January 24, 2006


WHIRLPOOL HAS EVOLVED THROUGH FIVEERAS DURING ITS 94 YEAR HISTORY

Single Product, Single Customer,

No Brand

Multi-Product and Whirlpool

Brand

Multi-Brand, International

Expansion

Brand Focused Value Creation

Globalization

1911-1948 1948-1980 1980’s 1990’s 2000+

Building Brand/ Customer Loyalty

Platform

Trade Management and Distribution Platform

Global Operating Platform

Best Brand / ConsumerPosition

Best Trade Position

Best Cost Position


SEVERAL FORCES WILL SHAPE THE INDUSTRYENVIRONMENT OVER THE NEXT 5-10 YEARS

Continued value chainpressure

Trade and supplierconsolidation

New competitivedynamic

Global consolidation, new players entering

NAR and Europe

Emergence of neweconomic powers

China, India

1

2

3

Industry is growing

3 – 4 % annual growth

Industry pricingpower increasing

Global price increasesholding – offsetting 10 year

downward trend

6

5

Innovation continuingto drive growth

Pace and intensityof innovationaccelerating

4


CONSOLIDATION EXPECTED TO IMPACTMAJORITY OF REGIONAL PLAYERS

Many of These Players Will be Acquired in next 5-10 years

Global Players

NAR Players European Players LAR Players Asian Players


Vision

Every Home, Everywhere with Pride, Passion and Performance

• Total Global Demand for Major Home Appliances

– $13 billion in sales

• $8.3 billion in the US with 13 plants and 28,000 employees

• $3.1 billion in Europe with 11 plants and 14,000 employees

• $1.7 billion in Latin America with 7 plants and 21,000 employees

• $383 million in Asia with 5 plants and 5,000 employees


Character and Enduring Values

Diversity with InclusionWe value diverse people, thoughts and ideas. Differences enable us to create

value. Inclusion allows everyone to contribute to her or his fullest potential.

IntegrityWe conduct all aspects of our business in an honorable way, recognizing there is no

right way to do a wrong thing.

RespectWe do our best work when we trust one another as individuals, encourage diversity

in our workplace, value the capabilities and contributions of each person and recognize that work is but one part of a full and rewarding life.

TeamworkPride results in our working together to unleash the potential of every person. By

working together we will achieve exceptional results.

Spirit of WinningWe are a world class competitor in every business and marketplace in which we

participate.


Opportunities in Global FinanceCareer Opportunities in Global Finance


InvestorRelations

BPMPlanning &

DevelopmentCorporateController

Treasury Tax

GIS NAR LAR CTO Europe Asia

CFO

Global Finance


Career Paths

Analyst

Director / Band 4

Manager

Sr. Analyst

Band 2&3

CFO

Sr. Analyst Sr. Analyst

Manager Manager

Director / Band 4

Band 2&3

•Skills / Experiences•Technical Skills

•Financial Reporting & Internal Controls•Operations Accounting & Support•Business Planning & Performance Reporting•Treasury & Cash Management•Business Analysis & Support•Information Management

•Leadership Skills•Attracting & Developing Talent•Extraordinary Results•Driver of Change•Thought Leadership

•Experiences•Corporate (Tax, Treasury, Controller)•Commercial (Sales, Brands)•Manufacturing & Technology•Global •Procurement

Analyst Analyst

Business RoleMarketing

SalesProcurement

Etc.


Program overview:

•Target a select few talents from select programs (Undergraduates, Masters of Accounting, and MBAs)

•Intense early development of talent

•Broad experience base through multiple assignments in various business units during early career stage

•Finance professionals tested with dynamic challenges…in a Global dynamic industry

Finance Leadership Development Program


Development - A Shared Responsibility

• Mentoring– Each participant will be assigned a mentor

• Learning sessions led by Whirlpool Leaders– Topics of sessions will cover US GAAP, Financial Modeling, and Business Case Analysis

workshops, and other leader lead sessions

• Opportunities to develop core competencies:– Customer Excellence, Innovation and cc:OPEX– Classes will be held with participants of other functional Leadership Development Programs to add

additional networking opportunities

• Whirlpool actively encourages employees to pursue ongoing education and certification (e.g. CFA, CPA, CMA, M.B.A.)

• Opportunities to contribute to cross functional teams including Loyalty projects

• Active Participation in Leadership Development Series which could include:– Engaging Manager, Diversity with Inclusion Seminars, Participation in employee networks,

E-Learning Curriculum (e.g., effective listening, project management, etc.)


Undergraduate Profile

Internships:

• Concentration in Accounting, Finance or Economics

• Strong analytical, interpersonal and leadership skills

• Customer focused capabilities/mindset

• Willing to Relocate

– Assignments will be based in the Benton Harbor/ St. Joseph Michigan area

Full-Time Positions:

• Concentration in Accounting, Finance or Economics

• Internship experience

• Strong analytical, interpersonal and leadership skills

• Customer focused capabilities/mindset

• Willing to Relocate

– Most assignments will be based in the Benton Harbor/ St. Joseph Michigan area

Opportunities:•CTO •Corporate Finance (Controller’s Office, Tax)•North America Region (Corporate and Manufacturing)


VisionPassionately creates a vision…communicates that vision persuasively, and aligns an organization around attainment of that vision. Helps organizations see beyond what is known today…and in the process accomplishes more than they ever thought possible

StrategyCreates strategies that align and move the organization toward the accomplishment of the vision

Management SkillsDemonstrates effective management skills in order to drive results through others. Effectively sets priorities, establishes individual and team expectations, facilitates productive meetings, provides candid feedback, develops people, delegates, and drives accountability

Attracting & Developing TalentAttracts, develops and retains top leadership and core competency talent throughout the company. Surrounds her/himself with outstanding talent. Focuses on his/her own developmental needs

CommunicationsCommunicates clearly and with candor with all constituents. Practices active-listening and 2-way communications in order to enable alignment. Creates an environment that encourages and expects dialogue and debate

Customer ChampionPuts the customer at the center of every process and activity valued by the customer. Drives growth through relationship-management, innovation, and the effective and efficient use of resources

AttributesAttributes PracticesPractices PerformancePerformanceCharacter & Enduring Values Practices and remains committed to Whirlpool’s set of enduring values and beliefs: Integrity, Respect, Teamwork and Diversity. Demonstrates high integrity and develops organizations with unquestioned levels of integrity--never compromises because of the pressures of the day. Inspires and earns trust and respect from those they lead. Displays behaviors that clearly show respect for others and with all their diversity. Puts the company’s needs first and practices teamwork across all boundaries

Diversity & InclusionCreates an engaging environment that leverages everyone’s thoughts, beliefs, ideas, and opinions to achieve optimal results for the Customer and the Company

ConfidenceDemonstrates self-confidence and decisiveness that is sharply distinguished from arrogance or egotism. Develops confidence in people and entire organizations that leads to responsible risk-taking and abilities to win

Thought LeadershipConsistently challenges and improves thinking and decision-making processes and outcomes. Consistently offers out-of-the-box innovative thinking and sophisticated judgments that lead to results

Driver of Change/ TransformationAnticipates the future of the business/work and creatively mobilizes resources to shape the transformation. Spends appropriate energy and resources working with the organization to drive and create transformation at all levels

Extraordinary ResultsConsistently guides and leads the organization to extraordinary results against all dimensions of our vision, strategies and balanced scorecard goals

Leadership Model


Passion forLoyal

Customers

The Execution Z

one

ccOpex Creates Resources for Innovation Innovation Builds Brands Strong Brands Create Loyalty Loyalty Produces Growth

OrganizationalTransformation

OrganizationalTransformation

StrategicProjects

StrategicProjects

OperationalCapabilities

OperationalCapabilities

OperatingPlans

OperatingPlans

In The Zone


Questions?

On-campus Internship Interviews:February 9, 2006

Deadline to Submit Resumes online:

Tomorrow- Wednesday, January 25

Corporate Presentation Career Opportunities in Corporate Finance Jim Peters- Director, Finance, Whirlpool Corporation January 24, 2006.

Documents