TransDigm Group (TDG) said Tuesday that Kevin Stein will retire as chief executive officer, effective Sept. 30.
Stein will be succeeded by co-chief operating officer Mike Lisman, the company said.
Stein will continue to serve as an adviser to the company through March 31, and will continue to serve as a member of the board, TransDigm said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.