BrightView Holdings, Inc. (NYSE:BV) Q2 2022 Earnings Conference Call May 5, 2022 10:00 AM ET

Company Participants

Faten Freiha - Vice President, Investor Relations

Andrew Masterman - Chief Executive Officer

John Feenan - Chief Financial Officer

Conference Call Participants

Andrew Wittmann - Baird

Tim Mulrooney - William Blair

George Tong - Goldman Sachs

Pete Lukas - CJS Securities

Andrew Steinerman - JPMorgan

Operator

Good morning. Thank you for attending today’s BrightView Second Quarter Fiscal 2022 Earnings Conference Call. My name is Nate and I will be your moderator for today’s call. [Operator Instructions] I’d like to now pass the conference over to our host, Faten Freiha who is – excuse me, BrightView VP of Investor Relations. Please go ahead.

Faten Freiha

Thank you, operator and good morning. Before we begin, I’d like to remind listeners that some of the comments made today, including responses to questions and information reflected in the presentation slides are forward-looking and actual results may differ materially from those projected. Please refer to the company’s SEC filings for more detail on the risks and uncertainties that could impact the company’s future operating results and financial conditions. Comments made today will also include a discussion of certain non-GAAP financial measures. Reconciliations to comparable GAAP financial measures are provided in today’s press release. Disclaimers on forward-looking statements and non-GAAP financial measures apply both to today’s prepared remarks as well as the Q&A session.

I will now turn the call over to BrightView’s CEO, Andrew Masterman.

Andrew Masterman

Thank you, and good morning. We appreciate your time today to review our second quarter results. And we also want to extend a warm welcome to Faten Freiha, who joined our team just recently as Vice President, Investor Relations. Faten brings a wealth of Investor Relations experience and we are delighted to have her on board.

As you likely saw this morning, we announced John Feenan’s retirement and Brett Urban’s appointment as Chief Financial Officer effective October 1, 2022. First, I’d like to thank John for 6 years of outstanding leadership and commitment to BrightView. He played a key role in the development and execution of our strategy and a robust financial stewardship, which has positioned us well for the near and long term. I am grateful for all of his contributions, but I’m glad he will be with us for a period of time to ensure a smooth transition. Brett’s appointment is consistent with our succession planning process, which covers multiple key positions throughout the organization and is regularly reviewed with our Board of Directors. John built a deep bench and a well-oiled organization that will support Brett Urban in his new role, enabling him to help drive results and shareholder value. As CFO of our maintenance business, Brett has helped to drive growth and lead the execution of more than 30 acquisitions since 2017. We are confident that the momentum and leadership he instilled in the organization will help BrightView continue to reach its goal. And I’m excited to continue to work closely with him to deliver on our long-term plans.