Mead Johnson Nutrition Company ( MJN)

Q4 2010 Earnings Conference Call

January 27, 2011 9:30 AM ET

Executives

Kathryn Chieger – VP, IR

Kathy McDonald – VP, IR

Steve Golsby – CEO

Pete Leemputte – CFO

Analysts

Ed Aaron – RBC Capital Markets

Terry Bivens – JP Morgan

Eric Katzman – Deutsche Bank

David Driscoll – Citi

Tim Raimey – D.A. Davidson

Vincent Andrews – Morgan Stanley

Andrew Sawyer – Goldman Sachs

Diane Geissler – CLSA

Robert Moscow – Credit Suisse

Bryan Spillane – Bank of America

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Mead Johnson Nutrition Q4 Earnings Conference Call. My name is Derrick and I’ll be your coordinator for today. (Operator instructions) As a reminder this conference call is being recorded for replay purposes. I would now like to turn the presentation over to Kathryn Chieger, Vice President Investor Relations. Please proceed, Kathryn.

Kathryn Chieger

Thank you and good morning. Welcome to Mead Johnson’s Q4 conference call, which happens to be my 125 th and last quarterly earnings announcement. As many of you know I will be retiring next week and I want to say how much I’ve enjoyed sharing the Mead Johnson story with all of you these past two years. Let me know turn the call over to my friend, colleague, and successor Kathy McDonald, who will have the pleasure of hosting her first earnings call. Kathy?

Kathy McDonald

Thank you, Kathryn. One of my early learnings is to be respectful of investors’ time so I’ll turn to the business at hand. With me today are Steve Golsby, our CEO, and Pete Leemputte, our CFO.

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