Lauren Lieberman
Barclays Bank PLC, Research Division
All right. We’re going to get started. So next up this morning, I am pleased to welcome the Clorox Company. We’re joined by Linda Rendle, the company’s Chair and CEO; and Luc Bellet, CFO. Linda, in May, you announced your decision to step down from your role. So before we get started, I just wanted to thank you for the thoughtfulness that you’ve consistently brought to your conversations with the investment community.
You’ve led the company through a time of extraordinary change, and we’ve always really valued the opportunity to hear directly from you, so thank you. And Luc, we’re happy to have you here, too. Before we get started with questions, I think, Linda, you had a few things you wanted to open up with, and then we’ll get into the questions I prepared.
Linda Rendle
CEO & Chairman
Sounds good, and thank you for your opening. And in line with that, perhaps I’ll give an update on the CEO succession process. The Board is well underway in identifying my successor. They laid out a process where they’re doing a comprehensive search and they are well into that at this point. Until then, the team and I continue to be focused on our strategy and priorities, and we’ll keep you updated as we have more information, but nothing new to share today.
With that, I thought I would just provide some brief opening comments on the business and then get into Lauren’s questions. First, I wanted to talk a little bit

