JELD-WEN Holding, Inc.

Good morning. My name is Rob, and I will be your conference operator today. At this time, I would like to welcome everyone to the Jeldwen Holding Inc. 3rd Quarter 2022 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number 1 on your telephone keypad. If you would like to withdraw your question, again press the star 1. Thank you. Chris Tichot, Director of Investor Relations, you may begin your conference.

Thank you. Good morning, everyone. We issued our earnings press release this morning and posted a slide presentation to the Investor Relations portion of our website, which we will be referencing during this call. I'm joined today by Dave Nord, Chair of the Board of Directors, Kevin Lilly, Interim CEO, and Julie Albrecht, CFO. Before we begin, I would like to remind everyone that during this call, we will make certain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to a variety of risks and uncertainties, including those set forth in our earnings release and provided in our Forms 10-K and 10-Q file with the SEC. GELDWIN does not undertake any duty to update forward-looking statements including the guidance we are providing with respect to certain expectations for future results. Additionally, during today's call, we will discuss non-GAAP measures, which we believe can be useful in evaluating our performance. The presentation of this additional information should not be considered in isolation or as a substitute for results prepared in accordance with GAAP. A reconciliation of these non-GAAP measures to their most directly comparable financial measure calculated under GAAP can be found in our earnings release and in the appendix to this presentation. I would now like to turn the call over to Dave. Well, thanks, Chris, and good morning, everyone.

Thank you for joining us today. As chair of Jeldwyn's board of directors, I'd like to start this morning's call with some brief remarks about our third quarter performance and share some of the board's area of focus before I turn it over to Kevin and Julie to walk you through more detailed results. In summary, in the third quarter, we delivered solid revenue and EBITDA improvements over the prior year. I'm pleased that management has been able to deliver this performance, really in light of challenging macroeconomic environment and some significant internal changes, as you're probably aware of. The board is clearly supportive of management's actions to drive change and ensure that Jeldwyn reaches its full potential. We're committed to improving the financial performance of the business and delivering more value for shareholders. We've already taken a number of actions in the past few months to help us achieve this goal. First, as I'm sure you are aware, we appointed Kevin Lilly as interim CEO, whom you'll hear from shortly. The search for a permanent successor is progressing well. We've identified a short list of qualified internal and external candidates, and we're working closely with an executive search firm to further narrow our list. We expect the new CEO to be an exceptional operator who possesses strong knowledge of both the capital markets and shareholder value creation. You know, while I can't speculate on timing, we're actively moving through the process, but making sure that we find the right leader for the future success of Jeldwyn. Part of the board's responsibility is to build on Jeldwyn's core of senior leaders by continuing to strengthen the management team as well. To that end, we've made several leadership appointments this year, including Julie Albrecht, our new CFO, who some of you may have talked to. She joined us in July, so you'll have a chance to hear from her shortly. We've also refreshed our regional leadership in all our business segments. Both Julie and our regional leaders have extensive management experience and will utilize their expertise to refocus their respective areas of the business and improved performance. One of the actions in the area streamlining the company, we initiated the strategic review of our Australasia business with a goal of maximizing value for both Jeldwin and the business. The process is well underway, but of course no assurances can be made regarding the outcome or timing of our review. But that said, we have some strong interest in the business thus far. As we move forward, we're certainly committed to sharing any meaningful updates with you as they materialize. I guess finally, we continue to seek out and add fresh perspective to the board, recently appointing Kathy Halligan as a new director in September. Kathy's diverse skill sets will be a great asset to our board, particularly in digital transformation, marketing, and e-commerce. As these actions demonstrate, the board and management team are fully committed to improving our results and maximizing the full potential of the company. As a recognized leader in the global building products industry, Geldwyn's brands, manufacturing capability, and broad customer partnerships position the company for long-term success. Despite near-term headwinds in markets we serve, we know there are attractive and durable drivers of long-term growth. So with that, let me turn the call over to Kevin to expand on these areas and provide more details about some of our near-term actions before Julie takes on and describes a little more of the detail of our operating results. Kevin. Thanks, Dave. Good morning, everyone, and thank you for joining us today.