TransDigm Group Management

Management criteria checks 2/4

TransDigm Group's CEO is Kevin Stein, appointed in Jan 2017, has a tenure of 7.83 years. total yearly compensation is $23.85M, comprised of 5.8% salary and 94.2% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth €9.74M. The average tenure of the management team and the board of directors is 4.9 years and 7.1 years respectively.

Key information

Kevin Stein

Chief executive officer

US$23.8m

Total compensation

CEO salary percentage	5.8%
CEO tenure	7.8yrs
CEO ownership	0.01%
Management average tenure	4.9yrs
Board average tenure	7.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kevin Stein's remuneration changed compared to TransDigm Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$1b
Jun 29 2024	n/a	n/a	US$2b
Mar 30 2024	n/a	n/a	US$1b
Dec 30 2023	n/a	n/a	US$1b
Sep 30 2023	US$24m	US$1m	US$1b
Jul 01 2023	n/a	n/a	US$1b
Apr 01 2023	n/a	n/a	US$958m
Dec 31 2022	n/a	n/a	US$853m
Sep 30 2022	US$19m	US$1m	US$779m
Jul 02 2022	n/a	n/a	US$762m
Apr 02 2022	n/a	n/a	US$841m
Jan 01 2022	n/a	n/a	US$746m
Sep 30 2021	US$21m	US$1m	US$607m
Jul 03 2021	n/a	n/a	US$499m
Apr 03 2021	n/a	n/a	US$178m
Jan 02 2021	n/a	n/a	US$396m
Sep 30 2020	US$22m	US$992k	US$467m
Jun 27 2020	n/a	n/a	US$594m
Mar 28 2020	n/a	n/a	US$726m
Dec 28 2019	n/a	n/a	US$604m
Sep 30 2019	US$13m	US$1m	US$728m
Jun 29 2019	n/a	n/a	US$730m
Mar 30 2019	n/a	n/a	US$820m
Dec 29 2018	n/a	n/a	US$822m
Sep 30 2018	US$23m	US$838k	US$906m

Compensation vs Market: Kevin's total compensation ($USD23.85M) is above average for companies of similar size in the German market ($USD4.81M).

Compensation vs Earnings: Kevin's compensation has increased by more than 20% in the past year.

CEO

Kevin Stein (58 yo)

7.8yrs

Tenure

US$23,845,374

Compensation

Dr. Kevin M. Stein, Ph D., serves as Independent Director at Axalta Coating Systems Ltd. since September 01, 2023.He serves as Director at Axalta Coating Systems, LLC since September 2023. He has been Pre...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kevin Stein	President	7.8yrs	US$23.85m	0.015% € 9.7m
Sarah Wynne	Chief Financial Officer	1.5yrs	US$3.10m	0.0061% € 4.1m
Joel Reiss	Co-Chief Operating Officer	1.5yrs	US$3.60m	0.0064% € 4.3m
Michael Lisman	Co-Chief Operating Officer	1.5yrs	US$13.00m	0.0041% € 2.8m
Jessica Warren	General Counsel	1.8yrs	US$11.04m	0.0010% € 684.8k
Liza Sabol	Director of Investor Relations	no data	no data	no data
Peter Palmer	Executive Vice President	12.8yrs	US$2.12m	no data
Kevin McHenry	Executive Vice President	1.3yrs	no data	no data
Paula Wheeler	Executive Vice President	5.8yrs	no data	no data
Alex Feil	Executive Vice President	6.8yrs	no data	no data
Patrick Murphy	Executive Vice President	4.9yrs	no data	no data
Marko Enderlein	Executive Vice President	4.9yrs	no data	no data

4.9yrs

Average Tenure

51yo

Average Age

Experienced Management: T7D's management team is considered experienced (4.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kevin Stein	President	6.5yrs	US$23.85m	0.015% € 9.7m
David Barr	Independent Director	7.1yrs	US$302.12k	0.057% € 38.3m
Robert Small	Lead Independent Director	14.7yrs	US$302.12k	0.13% € 90.5m
Gary McCullough	Independent Director	7.1yrs	US$307.12k	0.0016% € 1.1m
Sean Hennessy	Independent Director	18.6yrs	US$317.12k	0.060% € 40.2m
Walter Howley	Non-Executive Chairman	31.8yrs	no data	0.038% € 25.7m
Michael Graff	Independent Director	21.3yrs	US$307.12k	0.025% € 17.0m
Jorge Valladares	Director	1.5yrs	US$11.96m	0.020% € 13.2m
Michele Santana	Independent Director	6.6yrs	US$302.12k	0.0012% € 819.0k
Jane Cronin	Independent Director	3.4yrs	US$282.62k	0.0011% € 731.8k

7.1yrs

Average Tenure

59.5yo

Average Age

Experienced Board: T7D's board of directors are considered experienced (7.1 years average tenure).

TransDigm Group Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

TransDigm Group Incorporated, Annual General Meeting, Mar 07, 2024

TransDigm Group Incorporated Announces Resignation of Mervin Dunn and John Staer from Board of Directors

TransDigm Group Incorporated Appoints Sarah Wynne as Chief Financial Officer

Independent Director recently sold €3.1m worth of stock

Insufficient new directors

Recent updates

New major risk - Dividend sustainability

Full year 2024 earnings released: EPS: US$29.65 (vs US$22.03 in FY 2023)

TransDigm Group Incorporated to Report Q4, 2024 Results on Nov 07, 2024

Upcoming dividend of US$75.00 per share

Third quarter 2024 earnings released: EPS: US$7.96 (vs US$6.14 in 3Q 2023)

TransDigm Group Incorporated Raises Earnings Guidance for the Fiscal Year Ending September 30, 2024

TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of Raptor Scientific LLC from L Squared Capital Partners.

TransDigm Group Incorporated to Report Q3, 2024 Results on Aug 06, 2024

Insufficient new directors

TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of Electron Device Business from Communications & Power Industries, Inc.

Cerberus Capital Management, L.P. acquired Calspan’s hypersonic and defense test systems business units of TransDigm Group Incorporated (NYSE:TDG).

TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Raptor Scientific LLC from L Squared Capital Partners for approximately $700 million.

TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of SEI Industries Ltd. for approximately $170 million.

TransDigm Group Incorporated Revises Earnings Guidance for the Fiscal Year Ending September 30, 2024

Second quarter 2024 earnings released: EPS: US$6.97 (vs US$5.32 in 2Q 2023)

TransDigm Group Incorporated to Report Q2, 2024 Results on May 07, 2024

First quarter 2024 earnings released: EPS: US$6.62 (vs US$3.33 in 1Q 2023)

TransDigm Group Incorporated Updates Earnings Guidance for the Fiscal Year 2024

TransDigm Group Incorporated to Report Q1, 2024 Results on Feb 08, 2024

TransDigm Group Incorporated, Annual General Meeting, Mar 07, 2024

New minor risk - Shareholder dilution

TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Electron Device Business from Communications & Power Industries, Inc. for approximately $1.4 billion.

Full year 2023 earnings released: EPS: US$22.03 (vs US$13.39 in FY 2022)

TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Communications & Power Industries LLC from CPI International, Inc., The Resolute Fund V, L.P. and it's affiliate TJC LP for approximately $1.4 billion.

TransDigm Group Incorporated to Report Q4, 2023 Results on Nov 09, 2023

TransDigm Group Incorporated Announces Resignation of Mervin Dunn and John Staer from Board of Directors

TransDigm Group Incorporated Revises Earnings Guidance for the Fiscal Year 2023

Third quarter 2023 earnings released: EPS: US$6.14 (vs US$4.10 in 3Q 2022)

TransDigm Group Incorporated to Report Q3, 2023 Results on Aug 08, 2023

TransDigm Group Incorporated Appoints Sarah Wynne as Chief Financial Officer

TransDigm Group Incorporated Revises Earnings Guidance for Fiscal 2023

Second quarter 2023 earnings released: EPS: US$5.32 (vs US$3.38 in 2Q 2022)

TransDigm Group Incorporated completed the acquisition of Calspan Corporation.

Independent Director recently sold €3.1m worth of stock

TransDigm Group Incorporated Revises Earnings Guidance for the Fiscal Year 2023

First quarter 2023 earnings released: EPS: US$3.99 (vs US$1.96 in 1Q 2022)

TransDigm Group Incorporated to Report Q1, 2023 Results on Feb 07, 2023

Now 20% undervalued after recent price drop

Insufficient new directors

Full year 2022 earnings released: EPS: US$13.39 (vs US$10.39 in FY 2021)

TransDigm Group Incorporated Provides Earnings Guidance for the Fiscal Year Ending September 30, 2023

Insufficient new directors

TransDigm Group Incorporated to Report Q4, 2022 Results on Nov 10, 2022

TransDigm Group Incorporated Declares Special Dividend, Payable on August 26, 2022

TransDigm Group Incorporated to Report Q3, 2022 Results on Aug 09, 2022

TransDigm Group Incorporated, Annual General Meeting, Mar 09, 2023

TransDigm Group Incorporated, Annual General Meeting, Jul 12, 2022

TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of Dart Aerospace Limited from Greenbriar Equity Group, L.P. and First Aviation Services Inc.

Transdigm Group Incorporated Will Not Provide Full Fiscal Year 2022 Guidance

Insufficient new directors

TransDigm Group Incorporated to Report Q2, 2022 Results on May 10, 2022

TransDigm Group Incorporated announces not provide full fiscal year 2022 guidance

TransDigm Group Incorporated to Report Q1, 2022 Results on Feb 08, 2022

Insider recently bought €168k worth of stock

Full year 2021 earnings released: EPS US$10.39 (vs US$8.15 in FY 2020)

Insufficient new directors

Insufficient new directors

Third quarter 2021 earnings released: EPS US$5.43 (vs US$0.087 loss in 3Q 2020)

TransDigm Confirms Offer from Meggitt

Third quarter 2021 earnings released: EPS US$5.43 (vs US$0.087 loss in 3Q 2020)

Insufficient new directors

OpenGate Capital, LLC completed the acquisition of ScioTeq and TREALITY Simulation Visual Systems businesses from TransDigm Group Incorporated (NYSE:TDG).

TransDigm Group Incorporated Provides No Earnings Guidance for the Fiscal Year 2021

New 90-day high: €509

Vice Chairman recently sold €7.5m worth of stock

OpenGate Capital, LLC entered into a definitive agreement to acquire ScioTeq and TREALITY Simulation Visual Systems businesses of TransDigm from TransDigm Group Incorporated (NYSE:TDG) for approximately $200 million.

First quarter 2021 earnings released: US$0.42 loss per share (vs US$0.84 profit in 1Q 2020)

Revenue misses expectations

TransDigm Group Incorporated, Annual General Meeting, Mar 18, 2021