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Hawaiian Electric Industries, Inc. (HE)
Q1 2012 Earnings Call
May 9, 2012 1:00 PM ET
Shelee Kimura – Manager, IR and Strategic Planning
Connie Lau – President and CEO
Jim Ajello – EVP, CFO and Treasurer
Tayne Sekimura – SVP and CFO, Hawaiian Electric Company, Inc.
Dick Rosenblum – President and CEO, Hawaiian Electric Company, Inc.
Ashar Khan – Visium
James Krapfel – Morningstar
James Bellessa – DA Davidson
Good day, ladies and gentlemen, and welcome to the First Quarter 2012 Hawaiian Electric Industries Earnings Conference Call. My name is Stacy, and I’ll be your conference moderator for today. At this time, all participants are in a listen-only mode. We will conduct a question-and-answer session towards the end of the conference. (Operator Instructions) As a reminder, this conference call is being recorded for replay purposes.
I would now like to turn the presentation over to Ms. Shelee Kimura, Manager of Investor Relations and Strategic Planning. Please proceed.
Thank you, Stacy, and welcome to Hawaiian Electric Industries’ first quarter 2012 earnings conference call. Joining us this morning are Connie Lau, HEI President and Chief Executive Officer; Jim Ajello, HEI Executive Vice President, Chief Financial Officer and Treasurer; Dick Rosenblum, Hawaiian Electric Company President and Chief Executive Officer; and Rich Wacker, American Savings Bank President and Chief Executive Officer, as well as other members of senior management.
Connie will provide an overview of the quarter and an update on our strategy. Jim will then update you on Hawaiian’s economy, our results for the quarter and outlook for the remainder of the year. Then, we will conclude with questions and answers.