Chris Agnew | SVP, IR |
Michael Brown | President and CEO |
Mike Hug | CFO |
Patrick Scholes | SunTrust Robinson Humphrey |
Chris Woronka | Deutsche Bank |
David Katz | Jefferies |
Joe Greff | JP Morgan |
Stephen Grambling | Goldman Sachs |
Brian Dobson | Nomura Instinet |
Jared Shojaian | Wolfe Research |
Good morning, and welcome to Wyndham Destinations' Fourth Quarter and Full-Year 2019 Earnings Conference Call. After the speaker's remarks, there will be a question-and-answer period. [Operator Instructions] As a reminder, ladies and gentlemen, this conference call is being recorded.
If you do not agree with these terms, please disconnect at this time. Thank you.