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NV Energy' CEO Discusses Q2 2012 Results - Earnings Call Transcript

Stocks in this article: NVE

Forward-looking statements include earnings guidance and estimates or forecasts of operating and financial metrics. These statements reflect current expectations of future conditions and events and as such are subject to a variety of risks, uncertainties, and assumptions that could cause actual results to differ materially from current expectations.

Slide number two gives you more information on the assumptions and factors we consider in making these forward-looking statements and where to go to get more information on our risk factors. You’ll also find reconciliations of certain non-GAAP financial information on our website at www.nvenergy.com.

Let now turn the call over to Michael Yackira, President and Chief Executive Officer.

Michael Yackira

Thank you, Max. Good morning everyone. Thanks for joining us this morning. As I am sure you know in May we announced some organizational changes. Dilek Samil was named Executive Vice President and Chief Operating Officer after having spent two years as our CFO.

Dilek will have reporting to her generation, transmission, distribution, customer service and renewables. As you know during her time as CFO she was instrumental in raising the profile of our investor relations program and played a critical role in major decisions and initiatives for the company including recent changes to our dividend policy and our cost discipline within the whole organization.

I thank her for her accomplishments as CFO and look forward to working with her as a Chief Operating Officer. We were fortunate to attract Jonathan Halkyard to NV Energy as our new CFO. Jonathan spent 13 years at Caesars Entertainment most recently as its Executive Vice President and CFO. He also has experience in operations at that company and started his career on Wall Street. His reputation with the investment community is exemplary and I’m very pleased that he is part of our management team. It is my pleasure to introduce Jonathan to you today. Jonathan?

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