Summary
TransDigm Group Incorporated (TDG) announced a significant leadership transition via an 8-K filing on May 6, 2025. Effective September 30, 2025, current President and CEO Kevin M. Stein will retire after nearly 11 years of service. Mr. Stein will remain with the company as an advisor until March 31, 2026, to ensure a smooth handover. The Board of Directors expressed gratitude for his contributions. Successor to Mr. Stein will be Michael J. Lisman, currently Co-Chief Operating Officer. Mr. Lisman brings extensive experience within TransDigm, having previously served as Chief Financial Officer and in various executive roles. His background also includes experience in private equity, providing a strong foundation for his new responsibilities as President and CEO.
Key Highlights
- 1CEO Kevin M. Stein to retire effective September 30, 2025, after nearly 11 years.
- 2Mr. Stein will continue as an advisor to facilitate the transition until March 31, 2026.
- 3Michael J. Lisman appointed as the new President and Chief Executive Officer.
- 4Mr. Lisman has been with TransDigm since 2018, most recently serving as Co-Chief Operating Officer.
- 5Lisman's prior roles include Chief Financial Officer and Executive Vice President, highlighting internal succession and deep company knowledge.
- 6Lisman possesses prior experience in private equity at Warburg Pincus.