5/5/2021

speaker
Mark Grant
Vice President of Investor Relations

Good afternoon, and thank you for joining us for GoDaddy's first quarter 2021 earnings call. I'm Mark Grant, Vice President of Investor Relations. With me today are Aman Bhutani, Chief Executive Officer, and Ray Winborn, Chief Financial Officer, as well as Mark McCaffrey, who, as we announced today, will be joining as our new Chief Financial Officer in June. All participants are currently in listen-only mode. Following prepared remarks, we will open up the call for your questions. Given Mark will not be starting as CFO until June, Aman and Ray will be answering all questions related to strategy, operations, and financials, while Mark has made himself available for any questions regarding his background and skillset. If you would like to ask a question on today's call, please use the raise hand feature in the webinar to be added to the queue. On today's call, we'll be referencing both GAAP and non-GAAP financial results and operating metrics, such as total bookings, unlevered free cash flow, normalized EBITDA, net debt, and gross merchandise volume. A discussion of why we use non-GAAP financial measures and reconciliations of our non-GAAP financial measures to their GAAP equivalents may be found in the presentation posted to our Investor Relations website at investors.godaddy.net or on our Form 8K filed with the SEC with today's earnings released. A copy of today's prepared remarks can also be found now at our investor relations website. The matters we'll be discussing today include forward-looking statements, which include those related to our future financial results, new product introductions and innovations, partner integrations, and our ability to integrate acquisitions and achieve desired synergies. These forward-looking statements are subject to risks and uncertainties that are discussed in detail in our documents filed with the SEC. Actual results may differ materially from those contained in the forward-looking statements. Any forward-looking statements that we make on this call are based on assumptions as of today, May 5th, 2021, and we undertake no obligation to update these statements as a result of new information or future events unless required by law. With that, here's Iman.

speaker
Aman Bhutani
Chief Executive Officer

Thank you, Mark, and thank you all for joining us today. GoDaddy exists to empower everyday entrepreneurs. We remain committed to a vision that can change the world and radically shift the global economy in favor of small businesses. The Internet has emerged as the greatest technological equalizer, and every day more entrepreneurs are seizing that promised opportunity and making their own way. And we are thrilled to support them in their journey. Today, we are also pleased to announce that Michelle Lau and Mark McCaffrey will be joining GoDaddy as our new Chief Legal Officer and Chief Financial Officer, respectively. As we charge down the path of growth, Michelle and Mark bring scale and experience to our already strong leadership team. Michelle joins us from McKesson, where she advises its board and senior executives on strategic matters related to M&A, corporate strategy, executive compensation, corporate governance, the McKesson Foundation, and so much more. She co-chairs the National Asian Pacific Bar Association's in-house council mentoring program and serves on the board of directors of the Asian Pacific Fund. Michelle is talented and humble, experienced and curious, a strong cultural fit and will no doubt take us to the next level. Mark joins us from PWC, where he led the US technology, media, and telecom sector. Mark is a visionary and a strategic leader who has developed a breadth of expertise, not just in finance, but across all of software and technology. He is a thought leader in the industry and brings the depth of understanding that GoDaddy needs to wisely invest and drive growth. One of the things that appealed to me about Mark is that he has been a strategic partner, directly advising CEOs and CFOs of the world's greatest tech companies through important transitions. We are confident that Mark will be a fantastic addition to the strategic leadership of the company, and together we will do great things. We wanted to take this opportunity to introduce Mark to you. Here's Mark.

speaker
Mark McCaffrey
Chief Financial Officer (Incoming)

Thanks, Aman. I'm very excited to be here today. GoDaddy has an incredible history of empowering small businesses and delivering great values for its customers. I was obviously attracted to the vision and mission of the company to radically change the global economy in favor of small businesses, but there is so much more to it. The more I learned about Amman's strategic vision, the more I wanted to be part of what's coming next on this journey. I'm thrilled to be joining such an accomplished leadership team and even more excited about what we're going to build in the future. I'm anxious to dive in, And I look forward to meeting with many of you on this call in the coming months.

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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