Crane Company (NYSE:CR) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET

Company Participants

Jason Feldman - Vice President, Treasury & Investor Relations
Allison Poliniak - Senior Vice President of Investor Relations
Max Mitchell - President & Chief Executive Officer
Richard Maue - Executive Vice President & Chief Financial Officer

Conference Call Participants

Damian Karas - UBS
Megan Makini - Deutsche Bank
Matt Summerville - D.A. Davidson
Nicholas Lipinski - Vertical Research
Justin Ages - CJS Securities
Jordan Lyonnais - Bank of America
Adam Farley - Stifel
George Bancroft - Gabelli Funds

Operator

Good day, and welcome to the Crane Company Second Quarter 2024 Earnings Conference Call. At this time all participants have been placed on a listen-only mode and the floor will be opened for your question following the presentation. [Operator Instructions]

I'd now like to turn the call over to Jason Feldman, Senior Vice President of Investor Relations, Treasury and Tax.

Jason Feldman

Thank you, operator. And good day, everyone. Welcome to our second quarter 2024 earnings release conference call. I'm Jason Feldman, Senior Vice President of Investor Relations, Treasury and Tax. Before we get started, I'm delighted to introduce Allison Poliniak as our new Vice President of Investor Relations. Many of you know her from her time as an analyst following the industrial, technology and transportation sectors. She brings a wealth of experience into the role and we're happy to bring her on board. I will continue to oversee the investor relations function, but over the next few months, as she assumes primary responsibility for investor communications, I'll be spending more of my time with tax, treasury and M&A.

Allison, let me pass it on to you.

Allison Poliniak

Great. Thank you, Jason. So good morning everyone. I'm excited to be here and look forward to connecting with everybody in the next few weeks. As Jason mentioned, I spent the last 18 years as an analyst at Wells Fargo covering the industrial, technology and transportation sectors. That gave me the opportunity to analyze and learn from a lot of great companies, their unique growth strategies, their approaches to drive productivity and sustainable profit improvement, as well as their approach to M&A. A lot were successful, but some were not. All that gave me -- has given me great insights as I step into this role.

I have been considering making this move to the corporate side for some time. However, there were three key qualities that the company needed to have for me to join. One, a strong strategic growth vision that I supported that would take the company to the next level. The second is a sound and achievable M&A strategy that would complement that vision; and third, the ability to have a voice as both the inorganic and organic strategies evolved. There were a few opportunities that I did walk away from over the years because those companies did not have those qualities.