Valvoline Inc at Jefferies Consumer Conference (Virtual) Transcript

Jun 22, 2021 / 12:35PM GMT
Laurence Alexander - Jefferies LLC, Research Division - VP & Equity Research Analyst

Good morning, and thank you for joining us at the Jefferies Consumer Conference. It's Laurence Alexander with the Jefferies Chemicals team. And joining us today is the management team from Valvoline. We have Sam Mitchell, the CEO; and their CFO, Mary Meixelsperger; and also their Investor Relations team.

And maybe just -- we'll just sort of just jump in and get started. I mean -- so Sam, would you mind just sort of introducing Valvoline at a very high level, how the company came about, how the current operating structure is set up, given you recently realigned the division?

Samuel J. Mitchell - Valvoline Inc. - CEO & Director

All right. Well, thank you, Laurence. As far as how the company came about, it's -- we've got a long history. So over 150-year history, really the world's first lubricants company. And founded a long time ago, but going through, obviously, a lot of change in growth as technology has changed. And today, we are approximately a $3 billion

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