Whole Earth Brands, Inc. (NASDAQ:FREE) Q4 2022 Earnings Conference Call March 13, 2023 8:30 AM ET
Company Participants
Jeff Sonnek - ICR
Michael Franklin - Interim CEO
Duane Portwood - CFO
Irwin Simon - Executive Chairman
Conference Call Participants
Brian Holland - TD Cowen
Robert Dickerson - Jefferies
Bobby Burleson - Canaccord Genuity
Scott Mushkin - R5 Capital
Ryan Meyers - Lake Street Capital
Arthur Arnold - Odeon Capital
Operator
Good morning and welcome to the Whole Earth Brands Fourth Quarter and Full Year Fiscal 2022 Results Conference Call. At this time all participants will be in listen-only mode. After today’s presentation there will be an opportunity to ask questions. Please also note today’s event is being recorded. At this time I would like to turn the conference over to Jeff Sonnek, Investor Relations from ICR. Sir, please go ahead.
Jeff Sonnek
Thank you and good morning. Today's presentation will be hosted by Irwin Simon, Executive Chairman; Michael Franklin, Interim Chief Executive Officer; and Duane Portwood, Chief Financial Officer.
The comments during today's call and the accompanying presentation contain forward-looking statements within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts are considered forward-looking statements. These statements are based on management's current expectations and beliefs as well as a number of assumptions concerning future events. Such forward-looking statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from the results discussed in the forward-looking statements. Some of these risks and uncertainties are identified and discussed in the company's filings with the SEC. We'll also refer to certain non-GAAP financial measures today. Please refer to the tables included in the earnings release, which can be found on the Investor Relations website, investor.wholeearthbrands.com, for reconciliations of non-GAAP financial measures to their most directly comparable GAAP measures. Additionally, we have provided a supplemental earnings presentation on the Investor Relations website that may be useful in your analysis of the company's performance. With that, I'd now like to turn the call over to Irwin Simon, Executive Chairman. Irwin.
Irwin Simon
Good morning everyone and thank you, Jeff. And thanks to everyone for joining the call. I'm happy to be here today to introduce our Interim CEO, Michael Franklin. On December 12th, we announced a CEO transition plan where Michael took on the Interim CEO role in addition to a seat on our Board of Directors. Since Michael's appointment to the Board, he has immersed himself in the business and has made excellent contributions. Already, Michael has demonstrated to the team why he's the right guy for the job. The Board and the team has been impressed by his early contributions, and we continue to be excited for what is to come. His objective approach and experience working with organizations to enhance operational efficiencies and focus on long-term value creation makes him the ideal candidate for the CEO position. Michael has been extremely busy over the last 90 days, and I look forward to our continued partnership in the coming years.