TransDigm Group Management

Management criteria checks 2/4

TransDigm Group's CEO is Kevin Stein, appointed in Jan 2017, has a tenure of 7.33 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 $10.18M. The average tenure of the management team and the board of directors is 2.8 years and 6.6 years respectively.

Key information

Kevin Stein

Chief executive officer

US$23.8m

Total compensation

CEO salary percentage	5.8%
CEO tenure	7.3yrs
CEO ownership	0.01%
Management average tenure	2.8yrs
Board average tenure	6.6yrs

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
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
Jun 30 2018	n/a	n/a	US$796m
Mar 31 2018	n/a	n/a	US$748m
Dec 30 2017	n/a	n/a	US$702m
Sep 30 2017	US$12m	US$680k	US$469m

Compensation vs Market: Kevin's total compensation ($USD23.85M) is above average for companies of similar size in the UK market ($USD5.62M).

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

CEO

Kevin Stein (57 yo)

7.3yrs

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	7.3yrs	US$23.85m	0.015% $ 10.2m
Sarah Wynne	Chief Financial Officer	less than a year	US$3.10m	0.0061% $ 4.3m
Joel Reiss	Co-Chief Operating Officer	less than a year	US$3.60m	0.0065% $ 4.5m
Michael Lisman	Co-Chief Operating Officer	less than a year	US$13.00m	0.0042% $ 2.9m
Jessica Warren	General Counsel	1.3yrs	US$11.04m	0.000090% $ 62.5k
Liza Sabol	Director of Investor Relations	no data	no data	no data
Peter Palmer	Executive Vice President	12.3yrs	US$2.12m	no data
Kevin McHenry	Executive Vice President	less than a year	no data	no data
Paula Wheeler	Executive Vice President	5.3yrs	no data	no data
Alex Feil	Executive Vice President	6.3yrs	no data	no data
Patrick Murphy	Executive Vice President	4.4yrs	no data	no data
Rodrigo Rubiano	Executive Vice President	2.8yrs	no data	no data

2.8yrs

Average Tenure

50yo

Average Age

Experienced Management: 0REK's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kevin Stein	President	6yrs	US$23.85m	0.015% $ 10.2m
David Barr	Independent Director	6.6yrs	US$302.12k	0.058% $ 40.0m
Robert Small	Lead Independent Director	14.2yrs	US$302.12k	0.14% $ 95.1m
Gary McCullough	Independent Director	6.6yrs	US$307.12k	0.0016% $ 1.1m
Sean Hennessy	Independent Director	18.1yrs	US$317.12k	0.061% $ 42.4m
Walter Howley	Non-Executive Chairman	31.3yrs	no data	0.039% $ 26.9m
Michael Graff	Independent Director	20.8yrs	US$307.12k	0.026% $ 17.7m
Jorge Valladares	Director	less than a year	US$11.96m	0.020% $ 13.8m
Michele Santana	Independent Director	6.1yrs	US$302.12k	0.0011% $ 798.1k
Jane Cronin	Independent Director	2.9yrs	US$282.62k	0.0011% $ 735.6k

6.6yrs

Average Tenure

58.5yo

Average Age

Experienced Board: 0REK's board of directors are considered experienced (6.6 years average tenure).

TransDigm Group Management

Management criteria checks 2/4

Key information

Recent management updates

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 US$3.3m worth of stock

Insufficient new directors

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

Recent updates

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

Now 21% undervalued

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

Now 20% undervalued

Now 21% undervalued

Now 21% undervalued

Now 21% undervalued

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.

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.

Full year 2023 earnings released: EPS: US$22.69 (vs US$13.39 in FY 2022)

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 US$3.3m 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

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

Now 20% undervalued after recent price drop

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

Now 21% undervalued after recent price drop

Insider recently bought US$190k worth of stock

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

Insufficient new directors

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

Vice Chairman recently sold US$9.0m 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.

New 90-day high: US$620

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

TransDigm Group Incorporated to Report Q1, 2021 Results on Feb 09, 2021

TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of Chelton Limited from Cobham Limited.

Invisio AB (publ) (OM:IVSO) agreed to acquire Racal Acoustics Limited from TransDigm Group Incorporated (NYSE:TDG) for approximately SEK 170 million.

TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Chelton Limited from Cobham Limited for approximately $970 million.

Belcan, LLC acquired AVISTA Incorporated from TransDigm Group Incorporated (NYSE:TDG).

TransDigm Group Incorporated Does Not Provide Guidance for the Year 2021

Market pulls back on stock over the past week

New 90-day low: US$333

TransDigm Group Incorporated to Report Q4, 2020 Results on Nov 12, 2020

TransDigm Group Incorporated Suspends Its Previously Provided Fiscal Year 2020 Guidance

Third quarter earnings released

CEO Compensation Analysis