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May 01, 2012 11:00 am ET
Brennen Arndt - Director of Investor Relations
Pierre R. Brondeau - Chairman, Chief Executive Officer, President and Chairman of Executive Committee
W. Kim Foster - Chief Financial Officer and Executive Vice President
D. Michael Wilson - President of Specialty Chemicals Group
Mark A. Douglas - President of Industrial Chemicals Group
Frank J. Mitsch - Wells Fargo Securities, LLC, Research Division
Michael J. Harrison - First Analysis Securities Corporation, Research Division
Kevin W. McCarthy - BofA Merrill Lynch, Research Division
John P. McNulty - Crédit Suisse AG, Research Division
Rosemarie J. Morbelli - Gabelli & Company, Inc.
Michael J. Sison - KeyBanc Capital Markets Inc., Research Division
Lucy Watson - Jefferies & Company, Inc., Research Division
Dmitry Silversteyn - Longbow Research LLC
Good morning, and welcome to the First Quarter 2012 Earnings Release Conference Call for FMC Corporation. [Operator Instructions] As a reminder, this conference is being recorded. Thank you. I will now turn the conference over to Mr. Brennen Arndt. Mr. Arndt, sir, you may begin.
Thank you, and welcome, everyone, to FMC's First Quarter 2012 Conference Call and Webcast. Joining me today are Pierre Brondeau, President, Chief Executive Officer and Chairman; and Kim Foster, Executive Vice President and Chief Financial Officer. Pierre will begin the call with a review of our first quarter performance, Kim will then report on our financial position, and Pierre will complete the call by providing our outlook for 2012 and by taking your questions. Joining Pierre and Kim for the Q&A session will be Milton Steele, President, Agricultural Products; Michael Wilson, President, Specialty Chemicals; and Mark Douglas, President, Industrial Chemicals.