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    Kevin M. Stein

    President, Chief Executive Officer, Director at TransDigm Group Inc
    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 Inc

    JLW
    Jessica L. Warren
    General Counsel, Chief Compliance Officer
    JBR
    Joel B. Reiss
    Co-Chief Operating Officer
    ML
    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 NameAmountPayment ScheduleAdditional Details
    Base Salary$1,470,000 Annual5% increase from previous year; represents approximately 10% or less of total compensation

    Performance Compensation

    Data from  FY 2024

    Annual Cash Incentive

    MetricValueDetails
    Performance MetricsEBITDA 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

    MetricValueDetails
    Grant DateNovember 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 Granted41,800 options Total options granted
    Performance MetricAdjusted Operating Profit (AOP)Calculated using: (Pro Forma EBITDA As Defined × Acquisition-Weighted Market Multiple – Net Debt) divided by Diluted Weighted Average Shares Outstanding
    Vesting ScheduleVests in 202825% 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 RequirementsMinimum AOP growth of 10% cumulatively; Maximum vesting if AOP growth reaches 17.5% cumulativelyVesting percentages are determined through linear interpolation between these thresholds