Federal Signal CEO Jennifer Sherman's 2021 pay stays at $4.7M
Federal Signal reports 2021 executive compensation
By ExecPay News
Published: March 11, 2022
Federal Signal reported fiscal year 2021 executive compensation information on March 11, 2022.
In 2021, five executives at Federal Signal received on average a compensation package of $1.9M, a 3% increase compared to previous year.
Jennifer L. Sherman, Chief Executive Officer, received $4.7M in total, which is about the same as previous year. 47% of Sherman's compensation, or $2.2M, was in stock awards. Sherman also received $732K in non-equity incentive plan, $725K in option awards, $859K in salary, as well as $182K in other compensation.
For fiscal year 2021, the median employee pay was $60,214 at Federal Signal. Therefore, the ratio of Jennifer L. Sherman's pay to the median employee pay was 78 to one.
Mark D. Weber, Chief Operating Officer, received a compensation package of $1.8M, which is about the same as previous year. 36% of the compensation package, or $638K, was in stock awards.
Ian A. Hudson, Chief Financial Officer, earned $1.4M in 2021, a 3% decrease compared to previous year.
Daniel A. DuPré, General Counsel, received $941K in 2021, which decreases by 2% compared to 2020.
Lauren B. Elting, Vice President, Corporate Controller, earned $495K in 2021.