Ravi Pamnani | SVP, IR |
Ramon Laguarta | Chairman and CEO |
Hugh Johnston | Vice Chairman and CFO |
Bonnie Herzog | Goldman Sachs |
Dara Mohsenian | Morgan Stanley |
Andrea Teixeira | JPMorgan |
Kaumil Gajrawala | Credit Suisse |
Bryan Spillane | Bank of America |
Laurent Grandet | Guggenheim |
Vivien Azer | Cowen & Company |
Lauren Lieberman | Barclays Capital |
Kevin Grundy | Jefferies |
Nik Modi | RBC Capital Markets |
Steve Powers | Deutsche Bank |
Robert Ottenstein | Evercore |
Chris Carey | Wells Fargo Securities |
Good morning, and welcome to PepsiCo's Fourth Quarter Earnings Question-and-Answer Session.
Your lines have been placed on listen-only until it is your turn to ask a question. [Operator Instructions] Today's call is being recorded and will be archived at www.pepsico.com. It is now my pleasure to introduce Mr. Ravi Pamnani, Senior Vice President of Investor Relations.