About

Per federalsignal.com, Shashank Patel chairs Federal Signal's Audit Committee and serves on the Governance and Sustainability Committee. He retired as CFO of Watts Water Technologies, Inc. on December 31, 2025, a position he had held since July 2018, and previously spent a combined 21 years globally at Xylem Inc. and ITT Corporation.

He graduated from the University of London with a Bachelor of Science in chemical engineering and received an MBA from the Peter Drucker School of Management at Claremont Graduate University.

Roles

Federal Signal Corp.
Director · Current role
2021–present
Watts Water Technologies, Inc. (NYSE: WTS)
Chief Financial Officer · Retired as CFO of the global plumbing, heating and water quality manufacturer and currently serves as a consultant to Watts.
July 2018 - December 31, 2025
Xylem Inc. and ITT Corporation
Various leadership positions in finance, operations and engineering · Spent a combined 21 years globally across the two companies in roles of increasing responsibility.

Director Compensation

FY 2025
Fees earned or paid in cash
$111,462
ComponentAnnual cash retainer plus committee/chair fees
Stock awards
$145,000
ComponentAnnual equity award, granted April 22, 2025 and vesting immediately
Total compensation
$256,462

Also at Federal Signal Corp.

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