Michael Monahan | Senior Vice President and External Relations |
Douglas Baker | Chairman and Chief Executive Officer |
Daniel Schmechel | Chief Financial Officer and Treasurer |
Gary Bisbee | Bank of America Merrill Lynch |
Greg Bardi | Barclays Capital, Inc. |
Chip Moore | Canaccord Genuity Inc. |
Laurence Alexander | Jefferies LLC |
Tim Mulrooney | William Blair & Company, L.L.C. |
John Roberts | UBS Securities LLC |
Vincent Andrews | Morgan Stanley & Co. LLC |
Christopher Parkinson | Credit Suisse Securities |
Dmitry Silversteyn | The Buckingham Research Group Inc |
Scott Goldstein | Citigroup |
Shlomo Rosenbaum | Stifel, Nicolaus & Co., Inc. |
Hamzah Mazari | Macquarie Group |
Scott Schneeberger | Oppenheimer & Co. Inc. |
Rosemarie Morbelli | G. Research, LLC |
Justin Hauke | Robert W. Baird & Co. |
Greetings and welcome to the Ecolab Fourth Quarter 2018 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Mr.