Leadership Biographies
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Executive Management
Teresa J. Rasmussen
President and Chief Executive Officer
Teresa (Terry) Rasmussen has overall leadership responsibility for Thrivent, guiding the organization as it fulfills its promise to help people achieve financial clarity so they can live lives of meaning and gratitude. She is also a member of the Thrivent Board of Directors. Prior to her role as president and CEO, she was president of Thrivent's fraternal business after serving 10 years as senior vice president, general counsel and secretary.
Lisa Flanary
Executive Vice President and Chief Growth Officer
Lisa Flanary is responsible for driving growth at Thrivent. She oversees marketing (including client experience, innovation and brand), data and digital engagement, corporate strategy, research and business insights, advice development, and the transformation management office.
Mary Jane Fortin
Executive Vice President and Chief Commercial Officer
Mary Jane Fortin leads a division that includes all commercial operations of Thrivent: distribution; product management; life, health and annuity product operations; and national community and membership engagement. Her focus is on delivering a great customer experience through multiple distribution channels and helping more people achieve financial clarity, enabling lives of meaning and gratitude.
Paul R. Johnston
Executive Vice President, Chief Legal Officer, General Counsel and Secretary
Paul Johnston oversees teams that are stewards of Thrivent’s relationships and resources, including legal and compliance, business ethics, corporate governance, corporate and government affairs, corporate security and business resilience, employee relations, privacy, distribution operations, and facilities and real estate functions.
David S. Royal
Executive Vice President and Chief Investment Officer
David Royal oversees all asset management activities at Thrivent, including investments for Thrivent’s General Account, mutual funds, banking and trust, and mergers and acquisitions. His focus is on providing comprehensive investment and banking solutions through products, programs and advice to help clients achieve financial clarity.
Vibhu Sharma
Executive Vice President and Chief Financial Officer
Vibhu Sharma oversees finance, actuarial and technology at Thrivent, including managing expenses and making investments to continue to transform the organization into a holistic financial services organization. He joined the organization in 2019 as senior vice president and chief financial officer.
Tina Smith
Executive Vice President and Chief Human Resources Officer
Tina Smith oversees the teams that provide strategic human resources advice and enterprise support for talent acquisition, benefits and compensation, organizational design, diversity and inclusion, and workforce culture and effectiveness. Smith joined Thrivent in 2007 in the General Counsel's Office, serving as vice president, deputy general counsel.
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Board Of Directors
Bonnie E. Raquet
Chair of the Board
Bonnie Raquet has been a member of the Thrivent Board of Directors since 2010 and was elected to serve as chair of the board, effective February 2018. She also serves as chair of the Executive committee and as a member of the Governance committee. In her leadership role, Raquet guides the board as it provides fiduciary and strategic oversight to Thrivent in its transformation to become a holistic financial services organization. She brings together the collective wisdom and experience of the board members to ensure that Thrivent fulfills its promise to help people achieve financial clarity, enabling lives full of meaning and gratitude.
Deborah M. Ackerman
Board Member
Deborah (Debbie) Ackerman joined the Thrivent Board of Directors in 2020. She serves on the Finance and Audit and Strategy committees. With her leadership experience in the financial services industry, Ackerman helps ensure that Thrivent remains strong and stable and is well-positioned to help people achieve financial clarity, enabling lives of meaning and gratitude.
N. Cornell Boggs III
Vice Chair of the Board
N. Cornell Boggs III has been a member of the Thrivent Board of Directors since December 2013. He serves as vice-chair of the board, as chair of the Governance committee, and as a member of the Human Resource and Executive committees. With his exceptional leadership abilities, Boggs guides the board as it helps Thrivent transform into a holistic financial services organization, helping people achieve financial clarity so they can thrive with purpose.
Kenneth A. Carow
Board Member
Kenneth (Ken) Carow was elected to the Thrivent Board of Directors in February 2013. He serves on the Finance and Audit committee and Human Resource committee. With his experience in finance and higher education, Carow helps ensure Thrivent remains strong and stable and its workforce is enabled to help people achieve financial clarity, so they can make the most of what they’ve been given.
Bradford N. Creswell
Board Member
Bradford (Brad) Creswell has been a member of the Thrivent Board of Directors since February 2018. He serves on the Investment and Strategy committees. His deep experience in finance, investments and business helps ensure that Thrivent remains strong and stable and can deliver on its promise to help people achieve financial clarity, so they can make the most of all they’ve been given.
Lynn Crump-Caine
Board Member
Lynn Crump-Caine has been a member of the Thrivent Board of Directors since August 2016. She serves on the Governance, Human Resource and Strategy committees of the board. With her deep experience in executive management, operations and business, Crump-Caine helps ensure that Thrivent delivers on its promise of helping people achieve financial clarity, so they can make the most of all they’ve been given.
Eric J. Draut
Board Member
Eric Draut has been a member of the Thrivent Board of Directors since February 2015. He currently chairs the Finance and Audit committee and serves on the Investment and Executive committees. With his financial services industry experience and leadership skills, Draut helps ensure that Thrivent remains strong and stable, so it can transform into a holistic financial organization that helps people achieve financial clarity, enabling meaningful and generous lives.
Kirk D. Farney
Board Member
Kirk Farney has been on the Thrivent Board of Directors since November 2011. He chairs the Strategy committee and serves as a member of the Finance and Audit and Executive committees. Farney brings a wealth of educational, financial and business experience to the board, which helps ensure Thrivent remains strong and stable and is well-positioned to help people achieve financial clarity and lead full lives.
Mark A. Jeske
Board Member
Rev. Mark Jeske has been a member of the Thrivent Board of Directors since May 2011. He currently serves on the Finance and Audit, Governance and Human Resource committees. As a pastor, author and teacher, he brings a unique perspective to the board as it guides Thrivent in its promise to help people achieve financial clarity, enabling lives of meaning and gratitude.
Frederick G. Kraegel
Board Member
Frederick (Fred) Kraegel has been a member of the Thrivent Board of Directors since August 2008. He is the chair of the Investment committee and serves as a member of the Strategy and Executive committees. With his deep experience in business and finance, Kraegel helps ensure that Thrivent remains strong and stable so it can deliver on its promise to help people achieve financial clarity, enabling meaningful and grateful lives.
Kathryn V. Marinello
Board Member
Kathryn Marinello has been a member of the Thrivent Board of Directors since August 2014. She chairs the Human Resource committee and serves as a member of the Strategy and Executive committees. Using her vast business leadership experience, Marinello helps ensure that Thrivent remains strong and stable so it can help people achieve financial clarity, enabling lives of meaning and gratitude.
Nichole Pechet
Board Member
Nichole (Nikki) Pechet has been a member of the Thrivent Board of Directors since 2018 and serves on the Investment and Strategy committees. As an entrepreneur and business leader, her unique perspective helps guide Thrivent in its transformation to help people achieve financial clarity, enabling more meaningful and grateful lives.
Teresa J. Rasmussen
President and CEO
Teresa (Terry) Rasmussen is president and CEO of Thrivent, a diversified financial services organization that offers advice, insurance, investments, banking and opportunities for generosity. She is a member of the Thrivent Board of Directors and serves on its Governance and Executive committees. Rasmussen leads the organization at a time of significant change in the financial services industry. Under Rasmussen’s leadership, Thrivent is transforming into a holistic financial services organization that will help current and future generations achieve financial clarity, enabling lives full of meaning and gratitude.
Angela S. Rieger
Board Member
Angela (Angie) Rieger joined the Thrivent Board of Directors in 2020. She serves on the Finance and Audit and Human Resource committees. With her business leadership experience, Rieger helps ensure Thrivent and its workforce are well-positioned to help people achieve financial clarity so they can live with purpose.
Contact our Board of Directors
To contact the Thrivent Board of Directors, send a letter addressed to:
Thrivent
Board of Directors (or name a specific director)
Office of the Corporate Secretary
600 Portland Avenue S., Suite 100
Minneapolis, MN 55415The corporate secretary will collect the letters and forward them to the chair of the board or to a specific director if named.* Letters on the following topics will be forwarded as indicated:
- A complaint relating to a specific product or contract – referred to Member Relations.
- A complaint relating to accounting matters – referred to the chair of the Audit Committee.
* Thrivent will initially receive and process communications before forwarding them to the addressee. Communications may also be referred to other departments within Thrivent if applicable. We generally will not forward to the board any communication that is primarily commercial in nature, that relates to an improper or irrelevant topic or that requests general information about Thrivent.
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