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Alexander & Baldwin's Management Host Matson Sell-Side Analyst Day (Transcript)

Alexander & Baldwin, Inc. (ALEX)

2012 Matson Sell-Side Analyst Day Call

April 11, 2012 08:00 am ET

Executives

Matt Cox - President, Matson Navigation

Joel Wine - SVP, CFO & Treasurer, ALEX

Dave Hoppes - SVP, Ocean Services

Ronald Forest - SVP, Operations

Rusty Rolfe - EVP, Matson Logistics

Analysts

Presentation

Operator

Good morning and welcome to the webcast of the Matson Navigation webcast this morning which is April 11, 2012. We filed an 8-K this morning, so in that 8-K there is a statement that this presentation that set forth expectations or predictions are based on facts and situations that are known to us as of the date of this filing. Actual results may differ materially due to risks and uncertainties such as those described on pages 19 through 29 of the Form 10-K in the Alexander & Baldwin 2011 Annual Report and other subsequent filings with the SEC. Statements in this presentation are not guarantees of future performance. We do not undertake any obligation to update our forward-looking statements and with that I would like to move us to the agenda for the day.

With Matson's management, it will begin with Matt Cox who is our President and Joe Winny will give us an update on the separation. We have the good fortune to have three operations folks with us today to talk about their business and that's David Hoppes who is Senior Vice President responsible for Ocean Services; Ron Forest who heads up operations; Rusty Rolfe, who heads up Matson Logistics. Joe Winny will then give a financial overview and Matt then will wrap it up. By the way my name is Celica Proffer and I do welcome you to this webcast and it's with a great deal of pleasure now that I introduce Matt to just kick this off.

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