About
Felix M. Boeschen was appointed Vice President, Corporate Strategy and Investor Relations of Federal Signal in September 2023. Prior to joining the company, he served as a Vice President, Equity Research at Raymond James, where he covered companies in the machinery space with a primary focus on the truck equipment and specialty vehicle industries.
Roles
Federal Signal Corp.
Vice President, Corporate Strategy and Investor Relations · Current role
2023–present
Raymond James
Vice President, Equity Research · Covered companies in the machinery space, with a primary focus on the truck equipment and specialty vehicle industries, prior to joining Federal Signal.
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Fixed Compensation
FY 2025Salary
$348,698
ComponentAnnual base salary; includes amounts deferred into the Retirement Savings Plan and Savings Restoration Plan
All other compensation
$50,409
IncludesCompany contributions to defined contribution/retirement plans and perquisites
Total compensation
$975,587
Performance Compensation
Data from FY 2025Cash incentive
Annual cash incentive (STIP)
$351,488
FormNon-Equity Incentive Plan Compensation
Target Opportunity
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Target opportunity50% of base salary ($175,744)
Financial metricsAdjusted income before income taxes (60%) and Adjusted EBITDA margin (20%)
Individual objectives20% of target
Achievement200% of target
Stock awards
Stock awards
$168,811
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
$56,181
FormStock options granted May 2, 2025
ValuationBlack-Scholes grant-date fair value of $30.70 per option
Also at Federal Signal Corp.
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