Home BancShares, Inc.

Ladies and gentlemen, thank you for sending by, and welcome to today's Carly Davidson 2020 Fourth Quarter Investor Analyst Conference Call. At this time, all participants are in a listen-only mode. After the speech presentation, there will be a question and answer session. To ask a question during this time, you will simply need to press star and the number one on your telephone keypad. We ask you to remain seated. Keep your questions to one at a time. If you would like to ask another one, please jump back in the queue. If you require any further assistance, please press zero. Please be advised that today's conference call is being recorded. I would now like to turn the call over to Shannon Burns, manager of investor relations. Please go ahead.

Good morning, everyone. Today we are webcasting the slides for this call. You can also access the slides at investor.harleydavidson.com. Our comments will include forward-looking statements that are subject to risks that could cause actual results to be materially different. Those risks include, among others, matters we have noted in our latest earnings release and filings with the SEC. Harley-Davidson disclaims any obligation to update information in this call. Joining me this morning are CEO Jochen Zeitz, CFO Gina Getter, and our Chief Commercial Officer Larry Hund will also be joining us for Q&A. Jochen, let's get started.

Thank you, Shannon. I would like to welcome our shareholders, the financial community, dealers, employees, and all of our valued stakeholders who are joining us today. We've extended today's call in order to first review our 2020 financial results to then discuss our new strategic plan, the Hardwire. 2020 was an extraordinary year for most companies with outsized challenges not seen before in our lifetime. We rose to those challenges. Our team managed COVID-19 impacts, keeping community well-being at the forefront, protecting liquidity and achieving significant cash savings. We also successfully overhauled the entire company through the rewire. As a result, we expect to deliver ongoing gross cash savings of approximately $115 million starting this year. Just to name a few additional results of the rewire, we streamlined our planned product portfolio by 30%, reset motorcycle model year long. We substantially reshaped and improved all aspects of the company and strategy to perform at a much higher level. Throughout the year, we also made initial progress towards enhancing desirability. I'll talk more about this later, but for now, I will ask Gina to review our financial results for 2020. Gina?