W W Grainger Inc Annual Shareholders Meeting Transcript
Good morning, and welcome to the W.W. Grainger, Inc. 2021 Virtual Annual Meeting of Shareholders. I would now like to introduce the first presenter, Mr. D.G. Macpherson.
Good morning. I'm D.G. Macpherson, Grainger's Chairman and CEO. Welcome to our Annual Shareholders Meeting, which due to the continuing public health impacts of the COVID-19 pandemic, we are again hosting solely in a virtual format this year. Thank you for joining us today.
Before I provide a company update, I'd like to go over today's agenda: first, the nomination of directors; next, the ratification of auditors; third, the Say on Pay advisory vote on the company's named executive officers' compensation; and finally, the voting on these matters.
While our inspector of election tallies the votes, I will provide some commentary on our recent resegmentations to align our financial reporting to the company's 2 business models. I'll discuss how The Grainger Edge, the company's strategic cultural framework, underlies
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