SYCAMORE, Ill. – Pinky Raina joined the IDEAL Industries, Inc. senior leadership team as Chief Financial Officer on October 10, 2023, and assumes sole responsibility for the organization’s financial strategy, which includes three global brands, IDEAL® Electrical, Anderson PowerTM and Enatel®. Raina will replace Kevin Lamb, who will retire in 2024.
Raina brings over 20 years of global experience across diverse industries including manufacturing, sports, entertainment, and professional services. She has a demonstrated 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, Raina served as the Chief Financial Officer and Chief Operating Officer at the U.S. Soccer Federation. She previously held leadership positions with IDEX and Marmon Holdings in the manufacturing and industrial sectors.
In 2022, Raina was named a Sports Business Journal Game Changer and recognized by FEI Chicago as CFO of the 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.
Raina holds the position of Finance Chair on the Board of New Moms, a Chicago-based organization that provides housing, job training, and family support to young moms and their children experiencing poverty and homelessness.
“Pinky is a team builder and talent developer, adept at coaching, mentoring and leading high-performing teams through ambiguous, quickly evolving environments,” said Steve Henn, Chief Executive Officer at Ideal Industries, Inc.
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 follows the recent addition of Doug Sanford as Chief Operating Officer (COO) as IDEAL Industries, Inc. positions itself for a more focused, simplified and growth-oriented strategy in the immediate future.
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