TransDigm Group Chairman W Howley's 2021 pay falls 41% to $40M
TransDigm Group reports 2021 executive compensation
By ExecPay News
Published: January 27, 2023
TransDigm Group reported fiscal year 2021 executive compensation information on January 27, 2023.
In 2021, seven executives at TransDigm Group received on average a compensation package of $15M, a 15% decrease compared to previous year.
Average pay of disclosed executives at TransDigm Group
W. Nicholas Howley, Chairman, received $40M in total, which decreased by 41% compared to 2020. 95% of Howley's compensation, or $38M, was in option awards. Howley also received $6.3K in salary and $2.2M in other compensation.
For fiscal year 2021, the median employee pay was $58,837 at TransDigm Group. Therefore, the ratio of W. Nicholas Howley's pay to the median employee pay was 684 to one.
Kevin Stein, Chief Executive Officer, received a compensation package of $21M, which decreased by 3% compared to previous year. 60% of the compensation package, or $13M, was in option awards.
Jorge L. Valladares III, Chief Operating Officer, earned $15M in 2021, a 12% increase compared to previous year.
Michael Lisman, Chief Financial Officer, received $14M in 2021, which increases by 294% compared to 2020.
Robert Henderson, Chairman, earned $9M in 2021, a 34% decrease compared to previous year.
Sarah Wynne, Chief Accounting Officer, received $4.4M in 2021, which increases by 93% compared to 2020.
Halle Martin, General Counsel, earned $1.5M in 2021, a 75% decrease compared to previous year.
TransDigm Group's fiscal year ends on September 30.
Related executives
Halle Martin
TransDigm Group
General Counsel
Kevin Stein
TransDigm Group
Chief Executive Officer
Michael Lisman
TransDigm Group
Chief Financial Officer
Jorge Valladares
TransDigm Group
Chief Operating Officer
Sarah Wynne
TransDigm Group
Chief Accounting Officer
Robert Henderson
TransDigm Group
Chairman
W Howley
TransDigm Group
Chairman
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Source: SEC filing on January 27, 2023.