Jennifer L. Sherman has been the CEO of Federal Signal Corporation since January 2016, a company she has been with since 1994. Her journey is pretty remarkable. She started in various legal and operational roles and climbed the ranks to...
Jennifer L. Sherman has been the CEO of Federal Signal Corporation since January 2016, a company she has been with since 1994. Her journey is pretty remarkable. She started in various legal and operational roles and climbed the ranks to become President and CEO. Sherman really knows the company's ins and outs and brings a hands-on approach to leadership. In 2023, she received a total compensation of $6.14 million, which included her salary, bonuses for hitting financial goals, and valuable stock awards. Her compensation structure ties her earnings to the company's success, with bonuses linked to performance metrics like adjusted income and EBITDA. Interestingly, she has been active in trading company stocks, with her holdings reaching a peak of about $54.75 million by mid-2024. This reflects her deep commitment to the company, as she has substantial personal stakes in its success. Beyond numbers, she holds advanced degrees in finance and law from the University of Michigan and even completed a leadership program at Northwestern. With her extensive experience and deep knowledge, she is steering Federal Signal towards future growth while maintaining a focus on safety and security systems.