Kevin M. Stein

President, Chief Executive Officer, Director at TransDigm Group

Board

Since April 2018

Age

58 years

Tenure

Joined TDG in October 2014 as Chief Operating Officer of the Power and Control segment, then promoted to President in January 2017 and became Chief Executive Officer in April 2018.

Also at TransDigm Group

JLW

Jessica L. Warren

General Counsel, Chief Compliance Officer

JBR

Joel B. Reiss

Co-Chief Operating Officer

Michael Lisman

Co-Chief Operating Officer

About

Kevin M. Stein has forged a distinguished career in the aerospace and manufacturing industries, demonstrating a strong record of leadership and strategic acumen at TransDigm Group.

After joining TDG in October 2014 as the Chief Operating Officer of the Power and Control segment, he was promoted to President in January 2017 and advanced to the role of Chief Executive Officer in April 2018, reflecting his rapid ascent and the trust placed in him by the board.

Beyond his core responsibilities at TDG, his previous experience at Precision Castparts Corp. and his service on boards such as Axalta Coating Systems Ltd. underline his broad impact on the industry and commitment to excellence. His involvement in various organizations further signifies his dedication not only to corporate success but also to community engagement.

$TDG Performance Under Kevin M. Stein

Past Roles

Organization	Role	Date Range	Details
TransDigm Group (TDG)	Chief Operating Officer	January 2017 to March 2018	N/A
TransDigm Group (TDG)	Chief Operating Officer of the Power and Control Segment	October 2014 to December 2016	N/A
Precision Castparts Corp.	President of the Structurals Division and Executive Vice President	2009 to 2014	Held roles before joining TDG

External Roles

Organization	Role	Date Range	Details
Axalta Coating Systems Ltd.	Director	Since September 2023	NYSE-listed manufacturer specializing in coatings for various industrial applications including automotive paints

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,470,000	Annual	5% increase from previous year; represents approximately 10% or less of total compensation

Performance Compensation

Data from FY 2024

Annual Cash Incentive

Metric	Value	Details
Performance Metrics	EBITDA As Defined Margin: 51.0%; EBITDA As Defined Dollars: $4.076 billion	Metrics equally weighted over the evaluation period (2024 fiscal year)
Threshold Payout	$1,543,500	Minimum performance level required for any payout
Target Payout	$2,205,000	Expected performance payout level
Maximum Payout	$2,866,500	Cap on the payout amount
Actual Award	$2,511,495	Reflects a payout multiplier of 113.9% based on achieved performance (114% of margin and 113.8% of dollars)

Performance-Based Stock Options

Metric	Value	Details
Grant Date	November 2, 2023	N/A
Grant Date Fair Value	$15,822,774	Fair value of the options granted
Grant Date Stock Price	$869.73 per share	Exercise price for the options
Number of Options Granted	41,800 options	Total options granted
Performance Metric	Adjusted Operating Profit (AOP)	Calculated using: (Pro Forma EBITDA As Defined × Acquisition-Weighted Market Multiple – Net Debt) divided by Diluted Weighted Average Shares Outstanding
Vesting Schedule	Vests in 2028	25% vesting if AOP reaches at least $612.86 per diluted share; 100% vesting if AOP reaches at least $853.05 per diluted share
Additional Performance Requirements	Minimum AOP growth of 10% cumulatively; Maximum vesting if AOP growth reaches 17.5% cumulatively	Vesting percentages are determined through linear interpolation between these thresholds