TransDigm Group CEO Kevin Stein's 2022 pay slips 13% to $19M
TransDigm Group reports 2022 executive compensation
By ExecPay News
Published: January 27, 2023
TransDigm Group reported fiscal year 2022 executive compensation information on January 27, 2023.
In 2022, five executives at TransDigm Group received on average a compensation package of $9.1M, a 40% decrease compared to previous year.
Average pay of disclosed executives at TransDigm Group
Kevin Stein, Chief Executive Officer, received $19M in total, which decreased by 13% compared to 2021. 67% of Stein's compensation, or $12M, was in option awards. Stein also received $376K in bonus, $1.9M in non-equity incentive plan, $1.3M in salary, as well as $2.7M in other compensation.
For fiscal year 2022, the median employee pay was $52,856 at TransDigm Group. Therefore, the ratio of Kevin Stein's pay to the median employee pay was 354 to one.
Jorge L. Valladares III, Chief Operating Officer, received a compensation package of $8.9M, which decreased by 42% compared to previous year. 85% of the compensation package, or $7.6M, was in other compensation.
Halle Martin, General Counsel, earned $7.4M in 2022, a 402% increase compared to previous year.
Michael Lisman, Chief Financial Officer, received $5.4M in 2022, which decreases by 61% compared to 2021.
Sarah Wynne, Chief Accounting Officer, earned $5M in 2022, a 13% increase compared to previous year.
TransDigm Group's fiscal year ends on September 30.
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Source: SEC filing on January 27, 2023.