baxter international inc
(BAX:New York Consolidated)

Executive Profile*

Background*

Mr. David W. Devonshire served as the Chief Financial Officer and Executive Vice President of Motorola Inc. from April 2002 to 2007. Mr. Devonshire was responsible for company-wide treasury, tax, audit, financial and managerial reporting, forecasting and planning, internal accounting controls, investor relations, real estate, and the Motorola Credit Corporation. He served as the Chief Financial Officer and Executive Vice President at Ingersoll-Rand Company from January ... 2000 until January 2002. He served as the Chief Financial Officer and Senior Vice President at Ingersoll-Rand Company from January 1998 until January 2000. He was responsible for strategic planning, business development, accounting, tax, treasury, investor relations, and internal audit. From July 1993 to 1998, Mr. Devonshire served as the Chief Financial Officer and Senior Vice President at Owens Corning, where his leadership in the areas of corporate restructuring, reengineering, financing, acquisitions, planning, and information technology contributed to that company's financial success. He joined Honeywell as the Corporate Vice President and Controller, a position He held for two years, before being named the firm's Corporate Vice President of Finance in 1992. He began his career with KPMG in 1968, followed by financial positions with Mead Corporation, where Mr. Devonshire was a Corporate Controller and also with Baxter International Inc. from 1972 to 1988 in various financial roles. He Secretary a Member of Advisory Board at WMG Capital. He also serves as a Member of Motorola Equity Investment Board at Motorola Ventures. Mr. Devonshire has been a Director at Meritor, Inc., (alternate name ArvinMeritor Inc) since July 22, 2004 and serves as its Presiding Director. He has been a Director of Roper Industries Inc. since November 20, 2002. He serves on the Boards of Schwan's Sales Enterprises, Inc. and the Advisory Board to Chief Financial Officer Magazine and L.E.K. Consulting LLC. Mr. Devonshire has been a Director at Career Education Corp. since March 2008. He serves as a Director at Arbitron Inc. He served as a Director at Freescale Semiconductor Inc. Mr. Devonshire is on the Board of Trustees for John G. Shedd Aquarium. He serves on the Board of Private Sector Council, as well as on the Advisory Board. In 2006 Mr. Devonshire was voted one of the top 100 financial executives by Treasury and Risk Magazine and was voted one of the best CFOs for 2005, 2006, and 2007 by Institutional Investor. Mr. Devonshire holds an M.B.A. degree from the Kellogg School of Management at Northwestern University in Chicago and a Bachelor of Science in Accounting from the Widener University in Pennsylvania.

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