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FEDERAL SIGNAL CORPORATION PROMOTES IAN HUDSON TO INTERIM CHIEF FINANCIAL OFFICER
Oak Brook, Illinois, March 27, 2017- Federal Signal Corporation (NYSE: FSS) (the “Company”), a
leader in environmental and safety solutions, today announced that its Board of Directors promoted
Ian A. Hudson to the position of Interim Chief Financial Officer, effective March 21, 2017. Mr.
Hudson succeeds Brian S. Cooper, CFO since May 2013, who has left the Company to pursue other
opportunities. Mr. Cooper has entered into a consulting agreement with the Company and will work
with Mr. Hudson to facilitate an orderly transition.
Mr. Hudson has served as Vice President and Corporate Controller for the Company since August
2013, and will continue to serve in these capacities. He has most recently been responsible for the
Company’s financial planning, analysis and reporting, and has played a key role in formulating
financial strategy and several recent strategic transactions.
From June 2012 to August 2013, Mr. Hudson served as Groupon Inc.’s Director of Accounting for
Latin America and Asia Pacific and prior to that role, he worked at Ernst & Young LLP for 14 years.
For several years there, he served as the Senior Audit Manager on the Company’s account. Mr.
Hudson earned a bachelor’s degree in Law and French, achieving joint honors, from the University
of Wales, Cardiff in the United Kingdom, and has previously earned the qualifications of Chartered
Accountant in the United Kingdom and Certified Public Accountant in the United States.
Jennifer L. Sherman, President and CEO, said, “We are pleased to be able to transition the leadership
of our financial function to a professional of Ian’s experience and caliber. A collaborative leader, he
brings deep accounting and financial expertise, extensive knowledge of our Company and pragmatic
problem-solving to the position. Ian is known to our internal and external stakeholders, including the
investor community, as an outstanding financial executive who played a key role in the Company’s
2016 debt refinancing, the acquisition of Joe Johnson Equipment and the sale of Bronto Skylift.”
Dennis J. Martin, Chairman of the Board of Directors, said, “Having worked directly with Ian over the
last few years, I am confident that his years of valuable experience and outstanding service as a
member of our leadership team make him the right choice for this role.”
“We are grateful for Brian’s contributions to Federal Signal and appreciate his efforts to work with
Ian to ensure a smooth transition,” added Ms. Sherman. “During Brian’s tenure as CFO, the Company
has sharpened its strategic focus, built a solid acquisition process and pipeline, increased cash returns
to shareholders, and maintained a strong balance sheet. We wish him every success in his future
endeavors.”
About Federal Signal
Federal Signal Corporation (NYSE:FSS) provides products and services to protect people and our
planet. Founded in 1901, Federal Signal is a leading global designer, manufacturer and supplier of
products and total solutions that serve municipal, governmental, industrial and commercial
customers. Headquartered in Oak Brook, Ill., with manufacturing facilities worldwide, the Company
operates two groups: Environmental Solutions and Safety and Security Systems. For more
information on Federal Signal, visit: www.federalsignal.com.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995 This release
contains unaudited financial information and various forward-looking statements as of the date
hereof and we undertake no obligation to update these forward-looking statements regardless of
new developments or otherwise. Statements in this release that are not historical are forward-looking
statements. Such statements are subject to various risks and uncertainties that could cause actual
results to vary materially from those stated. Such risks and uncertainties include but are not limited
to: economic conditions in various regions; product and price competition; supplier and raw material
prices; foreign currency exchange rate changes; interest rate changes; increased legal expenses and
litigation results; legal and regulatory developments and other risks and uncertainties described in
filings with the Securities and Exchange Commission.
Contact: Svetlana Vinokur +1.630.954.2000, svinokur@federalsignal.com.