Inter Parfums, Inc. (NASDAQ:IPAR) Q2 2022 Earnings Conference Call August 10, 2022 11:00 AM ET
Company Participants
Jean Madar - Chairman and Chief Executive Officer
Russell Greenberg - Executive Vice President and Chief Financial Officer
Conference Call Participants
Linda Bolton-Weiser - D.A. Davidson Companies
Stephanie Wissink - Jefferies Group LLC
Hamed Khorsand - BWS Financial Inc.
Operator
Greetings, and welcome to the Inter Parfums Second Quarter 2022 Conference Call and Webcast. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] Please note that this conference is being recorded.
As a reminder, this conference -- also this conference call may contain forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from projected results. These factors include, but are not limited to, the risks and uncertainties discussed under the headings Forward-Looking Statements and Risk Factors in Inter Parfums annual report on Form 10-K for the year ended December 31, 2021, and other reports Inter Parfums files from time to time with the Securities and Exchange Commission. Inter Parfums does not intend to and undertakes no duty to update the information discussed.
I will now turn the call over to Jean Madar, Chairman and CEO of Inter Parfums. Mr. Madar, you may begin.
Jean Madar
Good morning, everyone, and thank you for participating in today's call. In the past, our CFO, Russ Greenberg, started the ball rolling. But today, I will take the lead because this is Russ' final conference call for Inter Parfums. And on behalf of our entire staff and our Board of Directors, I want to say thank you to Russ for 30 years of loyal and dedicated service.
As you know, it has been announced that Russ will be retiring next month. He has earned and well deserved to devote more time to his family and the activities he most enjoys. As we announced in June, Michel Atwood will officially take over the CFO reins on September 6. Michel and Inter Parfums are not strangers. We have worked with him in various capacities at various companies in the past.
He was most recently at Estée Lauder as Vice President, Finance and Strategy, providing strategic oversight for the fragrance category where he led a team of finance professionals across the globe as a key member of ELC's senior finance leadership team. Michel also spent more than 20 years at Procter & Gamble, where his final title was Divisional CFO of Global Prestige Fragrances, leading a team of 90 people and, ultimately, spearheading the divestiture of that division to Coty.