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Hawaiian Electric Industries' CEO Discusses Q2 2012 Results - Earnings Call Transcript

Hawaiian Electric Industries Inc. (HE)

Q2 2012 Earnings Call

August 03, 2012 02:00 pm ET


Shelee Kimura - Manager, IR and Strategic Planning

Connie Lau - President & CEO, HEI

Jim Ajello - EVP & CFO, HEI

Rich Wacker - President & CEO, American Savings Bank


Paul Patterson - Glenrock Associates

James Bellessa - D.A. Davidson & Company

Charles Fishman - Morningstar



Good day ladies and gentlemen, and welcome to the second quarter 2012 Hawaiian Electric Industries, Inc. earnings conference call. My name is Jasmine and I’ll be your coordinator for today. At this time, all participants are in a listen-only mode. We will be facilitating a question-and-answer session towards the end of today's conference. (Operator Instructions) As a reminder, this conference is being recorded for replay purposes.

I would now like to turn the presentation over to your host for today's call Ms. Shelee Kimura, Manager of Investor Relations and Strategic Planning. You may begin.

Shelee Kimura

Thank you Jasmine and welcome to Hawaiian Electric Industries’ second quarter 2012 earnings conference call. Joining me today 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's 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 update on our strategies. Jim will then update you on Hawaii's economy, our financial results for the quarter and outlook for the remainder of the year and then we will conclude with question and answers. Forward-looking statements will be made on today’s call. Please reference the accompanying disclosure to the webcast slides located on our website. I’ll now turn the call over to our CEO, Connie Lau.

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