Retirement of TransDigm CEO and Appointment of Successor

Details

Stein, President and Chief Executive Officer, will retire effective September 30, 2025. Stein, who has served the company for nearly 11 years, will continue as an advisor until March 31, 2026. Michael J. Lisman, currently Co-Chief Operating Officer, will succeed Stein as President and Chief Executive Officer. Lisman has held various roles within the company, including Chief Financial Officer and Executive Vice President.

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About TransDigm Group Inc.

TransDigm Group Inc. is a prominent company specializing in the design, production, and supply of aircraft components. The primary focus of TransDigm is to provide highly engineered aerospace parts and systems, offering critical features that enhance the safety, reliability, and performance of commercial and military aircraft. The company's extensive product portfolio includes mechanical and electromechanical actuators, specialized pumps and valves, ignition systems, and seating components, among others. TransDigm Group primarily serves the aerospace and defense sectors, operating globally to deliver essential parts to major airlines, maintenance facilities, and original equipment manufacturers (OEMs). By maintaining a dominant position in the market for proprietary and sole-source products, TransDigm plays a crucial role in the aerospace supply chain. Established in 1993 and headquartered in Cleveland, Ohio, TransDigm Group Inc. consistently shows its market significance by adhering to a business model that emphasizes value over volume. This focuses on providing critical solutions tailored to meet the stringent demands of flight operations, thus ensuring its influence and relevance in the overarching aerospace and defense industries.