How Stein was paid
$25.2M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Options | Incentive | Other | Total |
|---|---|---|---|---|---|
| Kevin M. SteinPresident, Chief Executive Officer, and Director | $1,462,650 | $21,119,926 | $2,585,054 | $20,800 | $25,188,430 |
| Sarah L. WynneChief Financial Officer | $721,375 | $4,452,015 | $849,961 | $9,827,955 | $15,851,306 |
| Michael J. LismanCo-Chief Operating Officer | $768,140 | $5,347,848 | $905,062 | $26,856,822 | $33,877,872 |
| Joel B. ReissCo-Chief Operating Officer | $768,140 | $8,442,541 | $905,062 | $29,380,469 | $39,496,212 |
| Patrick J. MurphyCo-Chief Operating Officer | $551,400 | — | $472,354 | $12,819,880 | $13,843,634 |
What changed and why
- 94%More than 94% of our CEO's total compensation in 2025 was at-risk, performance-based compensation.
- $8,831MNet sales increased 11% to $8,831 million compared to FY 2024.
- $4,760MEBITDA As Defined increased 14% to $4,760 million in FY 2025.
- 94.4%Support for our Say-on-Pay proposal increased to 94.4% in 2025.
- Michael J. Lisman succeeded Kevin M. Stein as President and CEO on October 1, 2025.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.