Federal Signal Corp. (FSS) announced that it has appointed William Osborne as president and chief executive officer, effective immediately. Osborne succeeds James Goodwin, who has been serving as interim president and chief executive officer since December 12, 2007. Goodwin, a director since October 2005, will continue to serve on Federal Signal's board of directors.
Federal Signal said that Osborne resigned from Ford Motor Company (F) in September 2008 in order to join Federal Signal. From 2005 to 2008, Osborne served as president and chief executive officer of Ford of Canada. Under Osborne's leadership, Ford of Canada gained market share for the first time after ten years of erosion, sales increased 8% and the business recorded record profits.
For comments and feedback: editorial@rttnews.com