Westar Energy's Management Hosts 2012 Annual Shareholder Meeting (Transcript)

Westar Energy, Inc. (WR)

2012 Annual Shareholder Meeting

May 17, 2012, 11:00 a.m. ET

Executives

Charles Chandler – Director, Westar Board

Mark Ruelle – CEO

Analysts

Unidentified Analyst

Presentation

Charles Chandler

Good morning. If I could ask everybody to take their seat. It’s kind of tough today to come in from outside. It’s nice out there, so it just makes you want to stay. Well, I’m Charley Chandler and I’m the Chairman of the Westar Energy board. On behalf of the directors, welcome to the 2012 annual meeting of the shareholders of Westar Energy. We appreciate both your investment and your interest by joining us here at the meeting.

With me on the stage is Mark Ruelle, our President and Chief Executive Officer, and also the only member of management who also serves as a member of the board. I’d also like to introduce the other members of the board, all of whom are seated right down here in the front row today, and it looks like quite a lineup. From left to right in the photo: Sandra Lawrence of Leawood; Richard Hawley of Bellevue, Washington; Art Krause of Leawood; Jerry Farley of Topeka; myself; Tony Isaac of Wichita; Mark Ruelle; Carl Soderstrom Jr. of Longwood, Florida; Molly Carter of Salina; R. A. Edwards of Hutchinson; and Mike Morrissey of Leawood.

Rick is the newest member of our board, who you see the second from the last there. Joining us last October, he brings to the board 39 years of business experience that encompasses work as a partner in an international accounting firm, and more than a decade of experience as a Chief Financial Officer in the regulated utility industry, both in natural gas and electric companies. We look forward to him sharing his broad range of knowledge and experience in the areas of finance, operations and regulatory affairs, in addition to his experience as a director of another public company. So welcome, Rick, and we’re glad to have you join us.

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