Lynn Crump-Caine Elected Board Chair At Thrivent

[ad_1] by Jeffrey McKinney January 31, 2026

Crump-Caine will chair her first board assembly in February.

Seasoned company government Lynn Crump-Caine has been elected board chair of Thrivent, making her the one Black girl at the moment serving in that function at a Fortune 500 firm.

Thrivent offers insurance coverage, banking, funding, and monetary recommendation companies to over two million shoppers. The agency knowledgeable BLACK ENTERPRISE that its newest outcomes embody revenues exceeding $12 billion and belongings beneath administration of over $200 billion. It was disclosed that the metric is the very best within the agency’s historical past, courting again over 120 years.

Crump-Caine will chair her first board assembly in February. Her publish is groundbreaking, given simply two different Black ladies are CEOs on the 2025 Fortune 500 listing. She is going to succeed N. Cornell Boggs III, a Black man on Thrivent’s board since 2013 and its chair since 2023. He'll stay on the board.

Thrivent disclosed that Crump-Caine’s duties will embody overseeing all points of its enterprise and transformation. She most lately was chair of the human assets and governance committee and a member of the manager committee. She has been a board member since 2016.

Thrivent President and CEO Terry Rasmussen said, “Lynn’s intensive enterprise and management expertise, deep understanding of Thrivent’s transformation, and dedication to our objective make her the perfect option to chair our Board of Administrators.”

She added, “Lynn has been a valued board member for almost a decade, bringing operational experience and strategic perception, and I sit up for working with Lynn on this expanded place as she guides Thrivent’s future transformation and development.”

Crump-Caine’s profession consists of spending 30 years at McDonald’s Corp. Whereas there, she was government vice chairman of worldwide operations and directed international operations departments for over 31,000 McDonald’s eating places. She is the founding father of OutsideIn Consulting, which advises companies on enterprise administration and management growth.

She is a board member of varied public corporations and non-profits. They embody board chair at Wingstop Inc. and lead director of the board of administrators and government mentor at The ExCo Group. That international agency provides steering and mentoring companies for C-suite executives and senior leaders.

Reflecting on the brand new function. Crump-Caine related with BE through e mail. She elaborated on her largest development targets for the Minneapolis-based agency for 2006 and past and talked about a number of the agency’s working methods. Each she and Boggs provided their tackle Black board illustration broadly and why corporations needs to be extra engaged in that exercise.

She declared beneath the CEO’s management, Thrivent has been constructing momentum and reworking for the long run – all of which is able to proceed and speed up within the years forward.

Crump-Caine indicated Thrivent has 1000's of U.S. monetary advisors serving to shoppers plan for his or her future, set up legacies for his or her family members and make their communities higher.

Regardless of a shrinking business, she says Thrivent is rising. Extra particularly, she says 600 new advisors had been added in 2025, who're already serving shoppers and driving enterprise for Thrivent. Crump-Caine studies that the agency will add tons of extra this yr.

Crump-Caine expressed that Thrivent’s different actions included investing $50 million in 2025 to inform its story and assist make the model a family title. “We additionally lately launched the Thrivent Financial institution, a digital-first and human-centered financial institution to draw youthful shoppers.”

Additional, Crump-Caine addressed how Thrivent has dealt with challenges in its historical past, together with financial headwinds, geopolitical shifts, and aggressive stress.

“Our benefit is straightforward: we keep targeted on serving our shoppers, caring for communities, driving our enterprise ahead and telling Thrivent’s distinctive story. That focus has powered Thrivent’s success, and it'll proceed to information me in my function as board chair.”

Furthermore, Crump-Caine feels there may be terribly various expertise able to form company boards. She is supportive of efforts to diversify the boardroom and construct company boards that greatest symbolize the shoppers of these corporations.

“There are lots of nice Black board chairs who've come earlier than me and I’m proud to be on this function immediately. I hope I is usually a constructive instance and function mannequin for many who aspire to carry this seat sooner or later.”

Boggs provided comparable ideas. He says he is aware of that the illustration of Black leaders on company boards remains to be pretty low. As such, he declares it’s the obligation of organizations to develop boards which can be consultant of America.

“They (U.S. corporations) want leaders who perceive their shopper, can drive their enterprise ahead, and may successfully information and govern for the long run.”