TransDigm CEO Stein retires, Lisman takes over; consulting deal includes option surrenders

TransDigm Group INC

Kevin Stein retired as President & CEO on Sept 30, 2025; Michael Lisman succeeded him.
Stein remains on Board and entered a 24-month consulting agreement at $25,000/month.
Stein forfeits 100% of FY25/FY24 and 20% of FY23 stock option grants; remaining options continue to vest.
Consulting agreement effective Oct 1, 2025, for up to 24 months to support transition.

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