Earnings Call Excerpt
HCP Inc. (HCP)
Q1 2009 Earnings Call
April 28, 2009 12:00 pm ET
Executives
Ed Henning – Executive Vice President and General Counsel
Jay Flaherty – Chairman and Chief Executive Officer
Paul Gallagher – Chief Investment Officer
Analysts
Jay Habermann – Goldman Sachs
Richard Anderson – BMO Capital Markets
Rob Mains – Morgan, Keegan & Company
Jerry Doctrow – Stifel Nicolaus & Company
Stephen Swett – Keefe, Bruyette & Woods
Omotayo Okusanya – UBS
Jim Sullivan – Green Street Advisors
Mark Biffert – Oppenheimer
David Toti – Citigroup
Bryan Santino – Barclays Capital
Stephen Mead – Anchor Capital Advisors
[Jacob Schamswasser] – Raymond Capital
Sarah King – JP Morgan
Presentation
Operator
Welcome to the first quarter 2009 HCP earnings conference call. My name is [Chanel] and I will be your coordinator for today. (Operator Instructions). Now I would like to turn the presentation over to your host for today's conference call Mr. Ed Henning, HCP's Executive Vice President and General Counsel. You may go ahead, sir.
Ed Henning
Thank you. Good afternoon and good morning. Some of the statements made during this conference call contain forward-looking statements. These statements are made as of today's date, reflect the companies good faith believe and best judgment based upon currently available information and are subject to risks, uncertainties, and assumptions that are described from time to time in the company's press releases and SEC filings.
Forward-looking statements are not guarantees of future performance. Some of these statements may include projections of financial measures that may not be updated until the next earnings announcement or at all. Events prior to the company's next earnings announcement could render the forward-looking statements untrue and the company expressly disclaims any obligation to update earlier statements as a result of new information.
Additionally certain non-GAAP financial measures will be discussed during the course of this call. We have provided reconciliations of these measures to the most comparable GAAP measures as well as certain related disclosures in our supplemental information package and earnings release, each of which has been furnished to the SEC today and is available on our website at www.hcpi.com.
I'll now turn the call over to our Chairman and CEO, Jay Flaherty.
Jay Flaherty
Thanks, Ed. Joining me on our call is Executive Vice President and Chief Investment Officer Paul Gallagher. To begin though, I want to say that at last Thursday's HCP Board of Director's meeting we elected Thomas M. Herzog, Executive Vice President, Chief Financial Officer. We are extremely fortunate to have someone with Tom's skill set, experience and leadership qualities join the executive ranks at HCP. We welcome Tom and look forward to having you visit with him at NAREIT in June.
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