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Learning Leads to Success for Thrivent CEO One of the reasons Teresa (Terry) Rasmussen has moved around so much in her career is because she loves learning about all the aspects the industry has to offer. The president and CEO of Minnesota-based Thrivent first worked in healthcare as a dental hygienist. Despite loving to help people stay healthy, she pursued a degree in accounting and became a CPA but decided to go into law instead. “As a lawyer, I was a trial attorney for the Justice Department, and then went into private practice,” she said. It was when she entered into private practice she got a taste for the financial services space. She joined American Express as a retail bank lawyer, where she ran the gamut of financial services and joined Thrivent in 2005. She was named CEO in 2018. It didn’t take her long to fall in love with the firm, she admits, because while she already understood all the financial aspects, she ultimately fell in love with the community impact the firm offers. “If you look at the organizations who embark on transformations, very few of them actually succeed and yet, we’re building momentum,” Rasmussen said. “We’ve laid a good foundation, and we’re starting to see the results of that.” Rasmussen must be doing something right. She’s being recognized as an InvestmentNews Awards 2024 Excellence Awardee. Read More: https://www.investmentnews.com/in-awards/news/learning-lead-to-success-for-thrivent-ceo-254358
MINNEAPOLIS, May 20, 2024 – Thrivent, a Fortune 500 diversified financial services organization, has been honored with a Silver Stevie® Award in the Large Financial Services Companies category in the Annual American Business Awards®. This esteemed recognition underscores Thrivent’s commitment to excellence, innovation, and leadership in the financial services industry. Thrivent’s financial strength and stability and commitment to providing innovative products to clients was noted during the judging process. In 2023, Thrivent launched a Multi-Year Guaranteed Annuity, a solution designed to help clients achieve their long-term financial goals through guaranteed returns. Judges also cited Thrivent’s distinction of being one of the World’s Most Ethical Companies for 13 years in a row and its milestone of raising $1 billion for communities nationwide through one million client-led volunteer teams. The American Business Awards, also known as the Stevie Awards, are among the nation's premier business awards programs, recognizing outstanding achievements in various categories across the business spectrum. More than 300 professionals worldwide participated in the judging process to select this year’s Stevie Award winners. Details about The American Business Awards and the list of 2024 Stevie winners are available at www.StevieAwards.com/ABA.
Newsweek recognizes Thrivent among America’s Greatest Workplaces for Women Thrivent recently made its debut appearance on Newsweek’s list of America's Greatest Workplaces for Women. We were selected for our commitment to maintaining an equitable workplace—including compensation, diversity and work-life balance. This accolade highlights Thrivent's commitment to building a fair workplace and promoting the progress of women at every level of the organization. "As a purpose-driven organization, Thrivent wants to attract, develop and retain a high-performing and diverse workforce. To do so requires a culture of trust, respect and belonging for all,” said Ken Charles, chief diversity, equity and inclusion and corporate responsibility officer at Thrivent. “This acknowledgment reflects our deep pride for creating a culture where all women–and our entire workforce–can succeed.” America's Greatest Workplaces for Women is based on a voluntary survey of more than 142,000 women who provided over 848,000 comprehensive reviews of large and small companies based on a range of metrics, including topics like compensation, diversity and work-life balance. Read the Newsweek article to learn more.
Thrivent has been named one of the World’s Most Ethical Companies by Ethisphere for the 13th year in a row. We’re proud to be one of the six financial services organizations on this year’s list. “Being recognized as one of the World’s Most Ethical Companies highlights Thrivent’s commitment to business ethics and integrity,” said Teresa (Terry) Rasmussen president and CEO of Thrivent. “Our clients, financial advisors and workforce put their trust in Thrivent because of our ethical culture, and it’s one of the reasons we’re able to deliver strong results that help people lead lives of service and faith.” Learn more: thriventcareers.com/3vcKtFP
Independent Rating Agencies Affirm Thrivent's Financial Strength and Stability AM Best, S&P Global Ratings and Moody's Investor's Service recognize Thrivent's strong financial profile and performance MINNEAPOLIS – Thrivent, a Fortune 500 diversified financial services organization, continues to receive strong ratings from AM Best, S&P Global Ratings and Moody’s Investor’s Service, affirming the organization’s ongoing financial strength and stability. Read the full article: https://www.thrivent.com/newsroom/independent-rating-agencies-affirm-thrivents-financial-strength-and-stability
Thrivent was named the winner of a Gold Stevie® Award in the financial services category in the 21st Annual American Business Awards®. More than 3,700 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories. Thrivent was nominated in the Company of the Year category for large financial services organizations, and won the highest level possible, a Gold Stevie Award®. Thrivent was recognized with this distinction for its strong financial performance and unique purpose-based approach to helping its clients meet their financial goals and empowering them to be generous with their time, talents and resources. Judges were impressed by Thrivent’s impact in communities nationwide and for its financial strength and stability. In 2022, Thrivent, its clients and others raised and donated $283M through Thrivent’s generosity programs and volunteered 12.8M hours. In addition, Thrivent distributed a record-breaking $400 million in dividend and credited rate enhancements to its clients in January 2023, its 110th consecutive annual dividend payout, signifying how Thrivent returns value to its clients, generation-to-generation. To read more about this exciting recognition, visit https://www.thrivent.com/newsroom/thrivent-receives-gold-stevie-award-in-2023-american-business-awards. For details about The American Business Awards and the list of 2023 Stevie winners, visit www.StevieAwards.com/ABA.
Thrivent is celebrating an incredible milestone: our 1 millionth Thrivent Action Team! Thrivent Action Teams were created to provide funding, tools and resources to make it easier for clients to give back to the causes they care about most, whether that’s supporting a neighbor in need or fundraising for a nonprofit with global impact. Since the program’s launch in 2014, clients have formed 1 million Thrivent Action Teams and raised more than $1 billion for organizations nationwide. The 1 millionth Thrivent Action Team, led by client Donna Aufdenberg, is helping to feed people in need in southeast Missouri by providing hundreds of vegetable seedlings to community gardens. Click on the image below to watch a video about our 1 millionth Thrivent Action Team! For more information on Thrivent Action Teams, visit thrivent.com/actionteams.
When we uplift and celebrate one another, we all thrive. During Black History Month, we celebrate Black Americans’ accomplishments and honor their important role in our nation's history. #BlackHistoryMonth
For nearly a decade, N. Cornell Boggs III has been an invaluable member of Thrivent’s Board of Directors, guiding the work of the board with his leadership, vast business experience, and passion for helping Thrivent’s clients achieve financial clarity, enabling lives full of meaning and gratitude. Today, we’re thrilled to announce he’s been elected by the Board of Directors to serve as its next chair. His term will be effective on Feb. 1. “I’m deeply honored and humbled to serve in this role,” said Boggs. “Thrivent is one of the original purpose-driven companies in America, having served Christians as a member-owned fraternal benefit society for more than 100 years. I believe we have an incredible opportunity to grow Thrivent across the country and with more diverse clients, serving more families with expert advice, investments, insurance, banking and generosity programs and solutions that differentiate Thrivent.” With his appointment, Cornell joins a group of less than 25 Black leaders to have served as a Fortune 500 CEO or Chairman. Please join us in congratulating Cornell!
We launched a new Thrivent career site! Check out the improved experience and explore career opportunities with Thrivent – from corporate positions and internships to financial advisor roles: 👉 https://bit.ly/3WkGyyq. #WorkWithPurpose #thrivent #financialservices