Michael Monahan | Senior Vice President, External Relations |
Douglas Baker | Chairman and Chief Executive Officer |
Daniel Schmechel | Chief Financial Officer |
Christophe Beck | President and Chief Operating Officer |
Tim Mulrooney | William Blair & Company, L.L.C. |
Christopher Parkinson | Credit Suisse |
David Begleiter | Deutsche Bank |
Jeremy Rosenberg | Morgan Stanley |
John McNulty | BMO capital Markets |
Gary Bisbee | Bank of America Merrill Lynch |
Scott Schneeberger | Oppenheimer & Co Inc. |
Eric Petrie | Citigroup |
John Roberts | UBS |
Jeff Zekauskas | JPMorgan |
Rosemarie Morbelli | G. Research |
Laurence Alexander | Jefferies |
Michael Harrison | Seaport Global Securities |
Shlomo Rosenbaum | Stifel Nicolaus |
Greetings. Welcome to the Ecolab Fourth Quarter 2019 Earnings Release Conference Call. At this time, all participants are in listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.