About

Felix M. Boeschen was appointed Vice President, Corporate Strategy and Investor Relations of Federal Signal in September 2023. Prior to joining the company, he served as a Vice President, Equity Research at Raymond James, where he covered companies in the machinery space with a primary focus on the truck equipment and specialty vehicle industries.

Roles

Federal Signal Corp.
Vice President, Corporate Strategy and Investor Relations · Current role
2023–present
Raymond James
Vice President, Equity Research · Covered companies in the machinery space, with a primary focus on the truck equipment and specialty vehicle industries, prior to joining Federal Signal.
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Fixed Compensation

FY 2025
Salary
$348,698
ComponentAnnual base salary; includes amounts deferred into the Retirement Savings Plan and Savings Restoration Plan
All other compensation
$50,409
IncludesCompany contributions to defined contribution/retirement plans and perquisites
Total compensation
$975,587

Performance Compensation

Data from FY 2025

Cash incentive

Annual cash incentive (STIP)
$351,488
FormNon-Equity Incentive Plan Compensation
Target Opportunity
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Target opportunity50% of base salary ($175,744)
Financial metricsAdjusted income before income taxes (60%) and Adjusted EBITDA margin (20%)
Individual objectives20% of target
Achievement200% of target

Stock awards

Stock awards
$168,811
FormPerformance stock units (PSUs) and time-based restricted stock
PSU metricsEPS (75%) and ROIC (25%) over a three-year performance period, with an S&P 600 Capital Goods TSR modifier
Option awards
$56,181
FormStock options granted May 2, 2025
ValuationBlack-Scholes grant-date fair value of $30.70 per option

Also at Federal Signal Corp.

Colleague
Brenda L. Reichelderfer
Chair of the Board
Colleague
Katrina L. Helmkamp
Director
Colleague
Eugene J. Lowe, III
Director

Related

Company
Federal Signal Corp.
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