Mar 05, 2024 / 10:50PM GMT
Joseph Lawrence Moore - Morgan Stanley, Research Division - Executive Director
Great. Thanks, everybody. I'm Joe Moore, again, Morgan Stanley semiconductor research. Very happy to have the executive team from ON Semiconductor, Hassane El-Khoury, CEO; and Thad Trent, CFO.
Questions and Answers:
Joseph Lawrence Moore - Morgan Stanley, Research Division - Executive DirectorSo I wonder if you guys could just start out. You've overseen a pretty big transformation. This company has much higher profitability than we had seen historically. You're going even through a period of low utilization now and you're maintaining those margins. Can you talk about what you did to get us to this point, and then we'll go into some of the details?
Hassane S. El-Khoury - ON Semiconductor Corporation - President, CEO & Director
Sure. The last couple of years, we've been dealing with a lot of -- obviously, we've had the height of the pandemic, which saw a lot of shortages that we were able to support customers, so
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