Business
TransDigm Announces Retirement of Kevin Stein as CEO and Current Co-COO Mike Lisman as Successor
TransDigm Group Incorporated (NYSE: TDG) ("TransDigm" or the "Company") announced today that Kevin Stein will retire as President and Chief Executive Officer of TransDigm, following his more than ten years of service in senior leadership positions at the Company, effective as of September 30, 2025. Mike Lisman, the current Co-Chief Operating Officer of TransDigm, will succeed Mr. Stein as President and Chief Executive Officer. Mr. Stein will continue to serve as an advisor to the Company through
About this update from Transdigm Group Inc.
[{"type":"text","content":"CLEVELAND, May 6, 2025 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG) ("TransDigm" or the "Company") announced today that Kevin Stein will retire as President and Chief Executive Officer of TransDigm, following his more than ten years of service in senior leadership positions at the Company, effective as of September 30, 2025. Mike Lisman, the current Co-Chief Operating Officer of TransDigm, will succeed Mr. Stein as President and Chief Executive Officer. Mr. Stein will continue to serve as an advisor to the Company through March 31, 2026 to help facilitate the leadership transition. Additionally, he will continue to serve as a member of the Company's Board of Directors.","length":713,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/TransDigm Group Incorporated)","displaySize":"","headline":null,"caption":"(PRNewsfoto/TransDigm Group Incorporated)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":78,"url":"https://media.zenfs.com/en/prnewswire.com/87897a4cbfe9c4eac64eef9d7e64166e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/DGNXeSMggzMD55oH77wM5g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEzNztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/87897a4cbfe9c4eac64eef9d7e64166e","width":400,"height":78}},"href":"https://mma.prnewswire.com/media/835315/TransDigm_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Mr. Lisman has served as Co-Chief Operating Officer of TransDigm since May 2023. Prior to this role, he held a number of positions across the Company, including Chief Financial Officer and Executive Vice President, with direct operational oversight for a number of TransDigm's operating units. Additionally, Mr. Lisman previously held roles as the lead of the Company's Mergers and Acquisitions group and as a Business Unit Manager at Aero Fluid Products, one of TransDigm's operating units, that designs and manufactures highly-engineered valves and actuation products. Prior to joining the Company in 2015, Mr. Lisman worked in the private equity industry at the New York and London offices of Warburg Pincus. He received a B.S. in aerospace engineering from Notre Dame and an MBA from Harvard Business School.","length":824,"tagName":"p"},{"type":"text","content":""On behalf of our Board of Directors, I want to thank Kev...