About

Per federalsignal.com, Jennifer L. Sherman was appointed President and CEO on December 2, 2015 and assumed leadership of the company on January 1, 2016. Since joining Federal Signal in 1994 she has been responsible for litigation, securities compliance, corporate governance, intellectual property, patent law, employment, and mergers and acquisitions.

She was named an EY Entrepreneur Of The Year 2024 Midwest Award winner. She earned both a business degree in finance and a law degree from the University of Michigan and is a Fellow of the Kellogg School of Management at Northwestern University's CEO Perspectives program.

Roles

Federal Signal Corp.
President and CEO · Current role
2016–present
Federal Signal Corporation
Senior Vice President and Chief Operating Officer · Earlier roles included Senior Vice President, Chief Administrative Officer, General Counsel and Secretary (2010-April 2014) and Vice President, General Counsel and Secretary (2004-2008).
April 2014 - December 2015

External Roles

Franklin Electric Co., Inc. (NASDAQ: FELE)
Chair of the Board
since May 2025
Franklin Electric Co., Inc. (NASDAQ: FELE)
Director
since January 2015

Fixed Compensation

FY 2025
Salary
$1,016,617
ComponentAnnual base salary; includes amounts deferred into the Retirement Savings Plan and Savings Restoration Plan
Change in pension value and nonqualified deferred compensation earnings
$30,779
PlanQualified defined benefit retirement plan
All other compensation
$271,427
IncludesCompany contributions to defined contribution/retirement plans and perquisites
Total compensation
$8,421,321

Performance Compensation

Data from FY 2025

Cash incentive

Annual cash incentive (STIP)
$2,255,000
FormNon-Equity Incentive Plan Compensation
Target Opportunity
—
Target opportunity110% of base salary ($1,127,500)
Financial metricsAdjusted income before income taxes (60%) and Adjusted EBITDA margin (20%)
Individual objectives20% of target
Achievement200% of target

Stock awards

Stock awards
$3,635,646
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
$1,211,852
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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