IDEAL Industries Inc. Announces New CFO and Executive Honors

Pinky Raina joins IDEAL Industries, Inc. as Chief Financial Officer (CFO). Two members of the executive team honored with accolades from industry-leading publications.

white woman smiling at camera

Figure 1: Pinky Raina joined the IDEAL Industries, Inc. Executive Leadership Team as CFO on October 10, 2023

SYCAMORE, ILL. – Pinky Raina joined the IDEAL Industries, Inc. Executive Leadership Team (ELT) on October 10, 2023, and will take over sole responsibility of the organization’s financial strategy when CFO Kevin Lamb retires later this year. Pinky will focus on improving the IDEAL Industries, Inc. financial position to be poised for growth in the future.


Pinky brings over 20 years of global experience across diverse industries including manufacturing, sports, entertainment and professional services. She is a team builder and talent developer, adept at coaching, mentoring and leading high performing teams through ambiguous, quickly evolving environments. Pinky’s career has demonstrated a track record in leading finance and operations transformation, strategy development, M&A, risk assessment, operations and Core IT. She also brings corporate governance experience through her work with boards, including audit and finance committees.


Most recently, Pinky was the Chief Financial Officer and Chief Operating Officer at the US Soccer Federation, a sports, media and entertainment company. She formerly held leadership positions with IDEX and Marmon Holdings in the manufacturing and industrial sector.


Pinky currently serves as the Finance Chair on the Board of New Moms, a Chicago-based organization, providing housing, job training, and family support to young moms and their children experiencing poverty and homelessness.


In 2022, Pinky was named Sports Business Journal Game Changer and recognized by FEI Chicago as CFO of Year in the Mid-Size category. She holds a bachelor’s degree in both business and economics from Rhodes College and earned her MBA with a concentration in accounting from the Fogelman School of Business at the University of Memphis. She received her CPA in Tennessee. 


On her management approach, Pinky says, “A continuous improvement culture will accelerate quantitative and qualitative value creation for an organization. My role is to promote that mindset and empower the team.”

The CFO announcement comes on the heels of the recent addition of the Chief Operating Officer position as IDEAL Industries, Inc. positions itself for a more focused, simplified and growth-oriented strategy in the immediate future. 


In fact, the IDEAL Industries, Inc. executive team is already being recognized as a team of change-makers. In November, Chief Executive Officer (CEO) Steve Henn was recognized by Family Business Magazine as a CEO to Watch and Chief Information Officer (CIO) Chris Prybysz was honored by Info-Tech as a CIO Growth Leader.  


The recent executive honors and executive team additions will position IDEAL Industries, Inc. for a bright future in Building an IDEAL World™.



IDEAL INDUSTRIES, INC. is a global, diversified family-owned business designing and manufacturing superior products for the electrical, lighting, and infrastructure industries. The 108-year-old company was founded in 1916 on the premise of forging ideal relationships with customers, employees, partners and communities. The company has consistently grown and expanded under five generations of family ownership.


For more information, visit:

Check out related news coverage

Read the article on Electrical Wholesaling

Read the article on TED Magazine

Read the article on Electrical News