ASGN Incorporated

Ladies and gentlemen, thank you for standing by, and welcome to the first quarter 2019 earnings call. At this time, all participants are in a listen-only mode. Later, we will be conducting a question-and-answer session. Instructions will be given at that time. If you should require assistance any time during the conference call, please press star then zero. And as a reminder, this conference is being recorded. I would now like to turn the call over to your host. Ms. Kimberly Esterkin from Investor Relations. Please go ahead.

Thank you, Lori. Good afternoon, and thank you for joining us today. With me today are Peter Damaris, Chief Executive Officer, Ted Hansen, President, Rand Blazer, President of APEC Systems, George Wilson, President of ECS, and Ed Pierce, Chief Financial Officer. Before we get started, I would like to remind everyone that our presentation contains forward-looking statements. Although we believe these statements are reasonable, they are subject to risks and uncertainties, and our actual results could differ materially from those statements. Certain of these risks and uncertainties are described in today's press release and in our SEC filings. We do not assume the obligation to update statements made on this call. For your convenience, our prepared remarks and supplemental materials can be found in the investor relations section of our website. Please note that on this call, we will be referencing certain non-GAAP measures, such as adjusted EBITDA, adjusted net income, and free cash flow. These non-GAAP measures are intended to supplement the comparable GAAP measures. Reconciliations between the GAAP and non-GAAP measures are included in today's press release. I will now turn the call over to Peter Demarest. Peter?

Thank you, Kimberly. Welcome to the On Assignment First Quarter 2019 Earnings Conference Call. Joining me today are Ted Hansen, Rand Blazer, and George Wilson, who will review our performance for the quarter, and Ed Pierce, who will review ASGN's financial results for the first quarter and our estimates for the second quarter of 2019. Before we walk through the results of the quarter, I want to discuss my decision to step down from my role as CEO of ASGN. Some of you know my youngest son has been battling acute myeloid leukemia for 14 months. After successful stem cell transplant in August of 2018, his leukemia has returned, and he will require additional treatment, including a second stem cell transplant. Therefore, at this time, I must step back so that I can devote my time and energy to what is most important, my children's health and my family's welfare. It's been an honor to serve this company for the past 15 years, and I have full confidence that it will continue to thrive under Ted's leadership. And many of you have seen this in action. The board and I have been preparing Ted for this transition for over two years. Ted has not only been intimately involved in the development and execution of our business strategy, but he's also spent considerable time over the past couple of years representing ASTN at investor roadshows and conference presentations. I think you will all agree Ted has full command of ASTN strategies and financial planning given he has been the primary has had the primary responsibility for their development over these past years. ASGN is in very good hands with Ted and the rest of the senior management team. As for me, I will remain on ASGN's board of directors and also be an advisor to the company. As such, we'll be able to help complete the management transition, contribute my institutional knowledge and expertise as needed, and help the company with M&A activities, which is something I've done many times in the past. As I enter my new role at the company, I want to thank every employee, client, and shareholder who has had the confidence in all of us to participate in building this great company. And on a personal note, I want to thank everyone who's allowed me to make family my first priority. Our best years are ahead of ASGN because of our positioning, Cy's senior management team, and most importantly, how work is performed in today's economy. With that, I would like to turn it over to