Robert D. Welding has resigned as president and CEO of Federal Signal and will retire on Jan. 1, 2008. James E. Goodwin was appointed interim president and CEO, while the company conducts a search for a replacement. Goodwin has served as a board member of Federal Signal for two years, and was formerly the chairman and CEO of United Airlines.

“We appreciate Bob Welding’s efforts in repositioning Federal Signal’s business lines, and we thank him for his contributions,” said James C. Janning, chairman of the board of Federal Signal. “We are fortunate in Jim Goodwin to have a proven leader with broad management experience. He had a long career with United Airlines, capped with his tenure as chairman and CEO until his retirement in 2001. Jim has been an active member of our board since 2005, and in that time he has come to know the company, its management team and its businesses.”