2/23/2023

speaker
Bruno
Call Operator

Hello and welcome to the BroadStone NetLease Fourth Quarter 2022 Earnings Conference call. My name is Bruno and I will be the operator of today's call. Please note, this call is being recorded. I will now turn the call over to Mike Caruso, Senior Vice President of Corporate Finance Investors Relations at BroadStone. Please go ahead.

speaker
Mike Caruso
Senior Vice President, Corporate Finance & Investor Relations

Thank you, Operator, and thank you, everyone, for joining us today for BroadStone NetLease's fourth quarter 2022 earnings call. On today's call, you will hear prepared remarks from Chris Czarnecki, John Marana, and Ryan Albano. Kevin Fennell will also be available for the Q&A portion of this call. Before we begin, I would like to remind everyone that the following presentation contains forward-looking statements, which are subject to risks and uncertainties that can cause actual results to differ materially due to a variety of factors. We caution you not to place undue reliance on these forward-looking statements and refer you to our SEC filings, including our Form 10-K for the year ended December 31st, 2022, for more detailed discussion of the risk factors that may cause such differences. Any forward-looking statements provided during this conference call are only made as of the date of this call. And with that, I will turn the call over to Chris Czarnecki.

speaker
Chris Czarnecki
Outgoing CEO

Thank you, Mike, and good morning, everyone. As this will be my last earnings call before stepping down from my role as CEO at the end of the month, I want to open the call by acknowledging and sincerely thanking all of the B&L employees, directors, and capital providers for their support during my leadership tenure. I'm incredibly grateful to have had the opportunity to serve B&L stakeholders for the past 13 plus years and to have served as CEO since 2017. I'm also very pleased with our board's decision to elevate our current chief operating officer, John Moreno, to the role of CEO upon my departure. Having worked closely with John for more than a decade, I'm extremely confident that there is nobody better suited to lead B&L into its next chapter. John knows our business inside and out, and is beloved by our employees for his service-oriented leadership mentality. He serves all with grace, humility, and intelligence. John is an exceptional leader of the company already, and he will make a phenomenal chief executive. I'd also like to congratulate Ryan Albano and Kevin Fennell on their new roles as president and chief financial officer, respectively. Both are highly deserving of these new roles and responsibilities and are excited for what is to come. Finally, I want to welcome Jessica Duran and Laura Felice to the B&L board. Both are exceptional individuals with impressive professional backgrounds that will help support and guide the company for years to come. Jessica has a deep background in retail and private equity from her current role as CFO with TSG Consumer and re-text matters from her days at Deloitte. Laura's background is also in retailing with her 10 years at Clark's and now as CFO at BJ's Wholesale Club, along with a deep audit background from her time at PwC. The entire board is very excited to be able to welcome these impressive individuals to an already strong group. And with that, I'll turn the call over to John and the rest of the executive team here today.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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