Led by President and CEO Terry Rasmussen, Thrivent surpassed $200 billion in assets under management and advisement, delivered $10.5 billion in revenue in 2025, and grew adjusted surplus to $18.2 billion. Rasmussen also led the launch of Thrivent Bank, one of only three Industrial Loan Company charters granted in nearly two decades, helping reposition Thrivent as an integrated, digital-first financial services company serving more than 2 million clients nationwide. Rasmussen’s leadership is driving meaningful modernization across the advisor and client experience. More than 85% of Thrivent advisors now use the Thrivent Planning Platform, with monthly engagement increasing 250% year over year. Beyond Thrivent, Rasmussen serves as Chair of the American Council of Life Insurers and as Board Chair of H.B. Fuller