IU POOPs Industrial / Manufacturing Finance Career Opportunities Bob Turco Mfg. Financial Leader Insulation Systems Business February 3, 2000

Careers in Industrial / Manufacturing Finance “SPRINT” Entry-Level Finance Rotational Program Beyond Entry Level… Building a Career in Finance

Owens Corning A material solutions, technology driven company with Revenue over $5b, employees, 135 manufacturing facilities in more than 30 countries

SYSTEM THINKING Makes the Difference ™

World Headquarters Toledo, Ohio

“SPRINT” Entry Level Finance Rotational Program

Challenging growth experience through a combination of work experience, technical training, skills training, feedback, and mentoring Functional exposure to various Finance processes Diverse business exposure to the products, processes and businesses of Owens Corning Visibility provided to the SPRINTers within the Finance Organization, and the company Develop a pool of talent to enhance our future leadership capabilities in Finance, and the organization Careers in Industrial / Manufacturing Finance SPRINT Program Elements

3 Assignments over 2-1/2 years –Corporate Audit (9± months) –Manufacturing Plant (12 months) –Other (9 months) Orientation Week with Business Leaders Two Sessions of Technical Financial Training with a Leading Academician High Level Mentors Assigned to All SPRINTers Careers in Industrial / Manufacturing Finance

Presentations to the Finance Leaders by SPRINTers SPRINTers Evaluate Their Assignments, and Provide Input to the Program Design Global Program Participation - SPRINTers come from the following areas: –United States –Belgium –United Kingdom –Brazil –Asia/Pacific Careers in Industrial / Manufacturing Finance SPRINT Program Elements

SPRINT Possible Assignments World Headquarters –Business Units: Insulation Systems, Composites Systems, Roofing Systems –Strategic Resources –Operations Accounting –Customer Financial Services –Internal Audit Brussels - Composites Europe HQ Santa Clara, California Napa, California Careers in Industrial / Manufacturing Finance

Near Columbus, Ohio (Newark) Near Chicago, Illinois (Summit) Portland, Oregon Aiken, South Carolina Clarement, North Carolina Amarillo, Texas Jackson, Tennessee Louisville, Kentucky Careers in Industrial / Manufacturing Finance SPRINT Possible Assignments

SPRINT Career Placement Highly Visible Program due to Assignments, Mentors, Presentations, the Role of the CFO and Controllers Opportunity to Experience Three Different Organizations and Leaders Mechanisms for Career Placement –Finance Leadership Team –SPRINT Program Leaders –Networking on the Job –Internal Job Opportunities Bulletin Board Posting Process Careers in Industrial / Manufacturing Finance

SPRINT Candidate Criteria BS/BBA in Finance or Accounting Minimum of a 3.0/4.0 GPA with a Higher GPA in major Good Technical Grounding Problem Solving Skills Demonstrated Leadership AND Initiative Demonstrated Team Skills…Can Lead and Follow Exposed to Diversity in a Broad Sense Interest in the World Around Them Basic Language Skills & Interest Self-Confident Careers in Industrial / Manufacturing Finance

Beyond Entry Level... Building a Career in Finance

Careers in Industrial / Manufacturing Finance Numerous Opportunities Exist within the Primary Finance Functions –Audit Services –Controller –Investor Relations –Treasury –Tax

Global assignments in North America, India, Europe, Asia, Latin America and Africa Finance Career Progression Summer intern projects On the job training Development different Plants, Corp. Audit Services & WHQS Multiple Audit & Consulting Assignments Global exposure Multi- Functional Process Reviews Financial Technical Accounting Fin. & Cost Analysis Customer Financial Services Treasury Financial Reporting Tax Cross Functional Info. Systems Sales & Mktg Mfg. Financial Planning Service & Admin. Business Cost & Accounting General Accounting Services Operations Accounting External Reporting Forecasting & Analysis Shared Services Business Unit Controller Subsidiary Controller Process Controller Financial Planning Director Accounting Operations Director Financial Reporting Director Controller Audit Tax Treasury Investor Relations Business Unit Controller SPRINT 2+ Years Interns Corp. Audit Professional Mgrs. & Leaders Controllers & Directors Vice Presidents

Sprint Plant Financial Analyst Audit or Division Financial Analyst Corporate Financial Functions Plant Controller or Business Leader Financial Leadership - Corporate - Division - Processes Technical Experts Tax, Treasury, Audit, M&A, Credit, Planning Cross Functional Mfg. Sales Marketing Info Systems HR Sourcing Cross Business ISB ESB CSB RSB IBMS Pipe

Careers in Industrial / Manufacturing Finance Career Planning Career Development Process Human Resource Planning & Review Self Improvement, Continuing Education & Educational Reimbursement Staffing Process Essential Tools to Building a Career

Careers in Industrial / Manufacturing Finance Compensation & Benefits –Direct pay –Performance Incentives –Savings and profit sharing (401k) –Stock plan –Cash balance retirement plan –Flexible benefits plan for wealth protection Medical and dental protection Life, disability, personal, accident & travel insurance Health care and dependant care accounts Life stages support

Careers in Industrial / Manufacturing Finance Summary & Key Message Points –Develop a career plan & understand the prerequisites –Invest in your career development –Build broad business perspective –Keep financial skills and knowledge up-to-date –Keep looking for new challenges & development opportunities within and outside the finance function

A World of Opportunity

Questions ? ?