Packaging of America (PKG) Q4 2011 Earnings Call January 24, 2012 10:00 am ET Executives Thomas A. Hassfurther - Executive Vice President of Corrugated Products Richard B. West - Chief Financial Officer, Principal Accounting Officer and Senior Vice President Mark W. Kowlzan - Chief Executive Officer and Director Paul T. Stecko - Executive Chairman Analysts John Charles Tumazos - John Tumazos Very Independent Research, LLC Albert T. Kabili - Crédit Suisse AG, Research Division George L. Staphos - BofA Merrill Lynch, Research Division Anthony Pettinari - Citigroup Inc, Research Division Mark A. Weintraub - Buckingham Research Group, Inc. Mark W. Connelly - Credit Agricole Securities (USA) Inc., Research Division Philip Ng - Jefferies & Company, Inc., Research Division Chip A. Dillon - Vertical Research Partners Inc. Phil M. Gresh - JP Morgan Chase & Co, Research Division Mark Wilde - Deutsche Bank AG, Research Division PresentationOperator
Thank you for joining Packaging Corporation of America's Fourth Quarter and Full Year 2011 Earnings Conference Call. Your host for today will be Mark Kowlzan, Chief Executive Officer of PCA. [Operator Instructions] I will now turn the conference call over to Mr. Kowlzan. Please go ahead when you are ready. Mark W. Kowlzan Good morning, and welcome to Packaging Corporation of America's Fourth Quarter and Full Year 2011 Earnings Release Conference Call. I'm Mark Kowlzan, CEO of PCA, and with me on the call today is Paul Stecko, Executive Chairman of PCA; Tom Hassfurther, who runs our Corrugated business; and Rick West, PCA's Chief Financial Officer. Thanks for participating in this morning's call, and after the presentation, we'll be glad to take any questions.