TransDigm Group reports 2018 executive compensation
CEO Kevin Stein receives $23.5M
TransDigm Group reported fiscal year 2018 executive compensation information on January 29, 2019.
In 2018, seven executives at TransDigm Group received on average a compensation package of $8,474,114, a 55% decrease compared to previous year.Average pay of disclosed executives at TransDigm Group
Kevin Stein, Chief Executive Officer, received $23,471,608 in total, which increased by 100% compared to 2017. 83.91% of Stein's compensation, or $19,695,375, was in option awards. Stein also received $17,440 in bonus, $1,082,560 in non-equity incentive plan, $838,333 in salary, as well as $1,837,900 in other compensation.
W. Nicholas Howley, Chairman, received a compensation package of $13,128,597, which decreased by 78% compared to previous year. 93.92% of the compensation package, or $12,330,335, was in option awards.
James Skulina, Senior Vice President Finance, earned $7,492,990 in 2018, a 16% decrease compared to previous year.
Jorge Valladares, Chief Operating Officer, received $6,763,790 in 2018, which increases by 23% compared to 2017.
Robert Henderson, Chairman, earned $4,264,317 in 2018, a 76% decrease compared to previous year.
Terrance Paradie, Chief Financial Officer, received $2,982,390 in 2018, which decreases by 58% compared to 2017.
Michael Lisman, Chief Financial Officer, earned $1,215,103 in 2018.
TransDigm Group's fiscal year ends on September 30.