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...

Current Market Cap

$5.68B

Number of Employees

4.5K

Total Compensation

2018 - 2023

Trending up by 31.64% last year
Showing total compensation for the last 2018 - 2023

Stock

Down by -44.59% last year

Salary

Up by 3.82% last year

Bonus

Up by 0.00% last year

Other

Up by 32.52% last year

Year

2023

Total Compensation

$4.57M

Salary

$946.31K

Board Justification

The compensation philosophy aligns executive compensation with company performance, peer benchmarking, and retention strategies, with a significant portion of compensation being performance-based.

Bonus

$2.08M

Board Justification

Annual cash incentives based on the achievement of financial objectives and individual performance, with a payout percentage of 200% of target for 2023.

Other

$209.16K

Board Justification

Includes auto allowance, retirement savings plan contributions, savings restoration plan contributions, dividend income, matching gifts, and other perquisites.

Restricted Stock

$1.33M(17.37K Restricted Stock)

Board Justification

Restricted stock awards granted in 2023 that cliff vest three years from the grant date, subject to continued employment.

Performance Metrics

Adjusted income before income taxes, adjusted EBITDA margin, and individual performance objectives.

SEC Filing

From March 8, 2024