Emerson Electric Company

Good call. I'd like to turn the call over to Pete Lilly, Investor Relations. Please go ahead.

Good morning, and thank you and welcome everyone to Emerson's second quarter 2020 earnings conference call. I hope everyone is staying safe and healthy. Today I am joined by David Farr, Chairman and Chief Executive Officer, Frank Delacroix, Senior Executive Vice President and Chief Financial Officer, Mike Train, Emerson President, Lal Karsanbai, Executive President of Automation Solutions. Bob Sharp, Executive President of Commercial and Residential Solutions. And we're also joined by a special guest, President of Professional Tools Business in Europe, Mr. Tim Reeves, who is unfortunately still stuck in the United States. And before we begin, I'll turn it over to Mr. David Farr for some opening remarks.

Thank you very much, Pete, and I want to welcome everyone here. For your information, we are sitting in my conference room, properly spread out. And we have been operating, Emerson's been open throughout this whole process. We made the decision as OCE on March 10th when I came back from a conference in New York when I was presenting at J.P. Morgan, as the only CEO showed up. And so I made the decision with the OCE to stay open. We have the OCE here every day. We're properly spread out, as you guys know, in this office complex. We also have about 15 other executives throughout the floor. We get together on an ongoing basis to make sure we're making decisions, constantly making decisions. We shut the rest of the salary workforce down and sent them home. They're working from home. But I felt it was very important with this crisis that we were here live and we can make quick decisions and deal with the issues very, very quickly, both from a structural standpoint but also from a competitive standpoint to look at opportunities to keep winning as a company.