Presentation:

"Ashland's Change Journey"

Twelve years ago, Ashland Inc began a journey of reinvention. During this time period, we divested of billions of dollars of assets and reshaped our core business. Within the past two years, we have purchased billions of dollars of new assets in a down market. While making all these business transactions, Ashland relocated its Corporate Headquarters, implemented two unconnected business group Information Technology systems followed by a global enterprise implementation of a new software system to manage information and support all the business groups. Major change felt like a daily event.

Today, we are integrating our major acquisition one-third our size, streamlining the new company and challenging leadership to rapidly address the local issues faced by a multi-billion dollar global corporation.

Prosci's change management methodology has played a key role in helping make many of the business decisions become reality. Ashland's Change Journey will share successes, failures and the key learning associated with each.

Biography:

Mr. King is director, Talent Management, Human Resources, Ashland Inc. with responsibility for all areas of training and development, staffing and diversity within Ashland Inc.

After serving in human resources positions for the U.S. Air Force, Girard Bank and Ford Motor Company, he joined Mobil Oil Corporation in 1980 as a manager of employee relations. He later served as corporate planning associate, refinery human resources manager, regional human resources manager and corporate business change advisor.

Mr. King joined Ashland in 1998 as director, human resources for Ashland Chemical.

A native of Brooklyn, New York, he was raised in the United States and Western Europe. Educated in public schools in the U.S. and Armed Forces school system in Europe, Mr. King graduated from the University of Arizona, where he earned a bachelor's degree in production management. Following Air Force service, he earned a Master of Business Administration degree from The Pennsylvania State University.

An avid hobbyist and active community member, Mr. King has served on a variety of Professional and Community boards and associations.

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