Lynn Crump-Caine Assumes Leadership as Chair of Thrivent's Board
Lynn Crump-Caine Assumes Leadership at Thrivent
Thrivent, known for its commitment to generosity and financial well-being, has announced the appointment of Lynn Crump-Caine as the new Chair of its Board of Directors. Starting February 1, 2026, Crump-Caine will take over the leadership role previously held by N. Cornell Boggs, III, who has served as Chair for the past three years and member of the Board since 2013.
In expressing her confidence in Crump-Caine's capabilities, Terry Rasmussen, Thrivent’s President and CEO stated, "Lynn's extensive business and leadership experience, deep understanding of Thrivent's transformation and commitment to our purpose make her the ideal choice to chair our Board of Directors." This confidence reflects Crump-Caine's nearly decade-long commitment to the Board, where she has influenced various initiatives with her operational expertise and strategic insight.
During her tenure, Crump-Caine has held significant positions within Thrivent, including her most recent role as Chair of the Human Resources and Governance Committee. Her elevation to Chair comes at a critical time as Thrivent continues to navigate its transformation in the financial services sector. Crump-Caine aims to lead the Board in overseeing crucial aspects of the organization, including succession planning for the CEO and executive leadership team.
Reflecting on her new role, Crump-Caine stated, "Thrivent is one of the most unique, purpose-driven companies in America, and I'm honored to serve as Board chair. Under Terry's leadership, Thrivent has been building momentum and transforming for the future, all of which will continue and accelerate in the years ahead. Our focus remains on aiding more individuals in building, growing, and protecting their financial well-being through purpose-driven advice and generosity."
Crump-Caine’s leadership journey spans over three decades, during which she accumulated vast experience in corporate leadership and consulting. Most notably, she served for 30 years at McDonald's Corporation as the Executive Vice President of Worldwide Operations, where she oversaw global operations for more than 31,000 restaurants worldwide. Additionally, she is the founder of OutsideIn Consulting, offering advisory services on business management and leadership development.
Her commitment to corporate governance extends beyond Thrivent. Crump-Caine serves on various boards, including Advocate Health and Wingstop Inc., where she also holds the position of board chair. Furthermore, she acts as the lead director for The ExCo Group, an established firm providing peer-to-peer mentoring for senior executives.
A lifelong learner, Crump-Caine has completed executive education programs at prestigious institutions like Northwestern University and Harvard Business School. Her extensive qualifications enhance her ability to guide Thrivent toward its long-term goals effectively.
Thrivent itself is celebrated for its focus on fostering financial stability through purpose-driven strategies, serving over 2.4 million clients with diverse financial services, including insurance and investments. With over $194 billion in assets under management, the company holds impressive ratings from independent agencies, indicating its financial strength and reliability.
The transition to leadership roles often brings about gratitude for past contributions, and Crump-Caine has not overlooked this. She expressed appreciation for Cornell Boggs' leadership, commending his invaluable contributions to Thrivent over the past decade. His innovative strategies, particularly in reimagining client interactions and modernizing business practices, have been pivotal in shaping Thrivent's current success.
As Thrivent embarks on this new chapter under Crump-Caine's leadership, the organization is set to continue empowering lives through its commitment to service and faith, while positioning itself for sustained achievement in the years ahead.
In summary, Lynn Crump-Caine's ascension to Board Chair at Thrivent signifies not just a change in leadership but a renewed focus on the company's mission to enrich lives through purposeful financial support. The future looks promising as she guides the strategic direction of one of America's notable financial services organizations.
About Thrivent
Thrivent is a Fortune 500 financial services firm that champions financial well-being through purpose-driven advice, investments, insurance, and generosity programs. With services available for over 2.4 million clients nationwide, Thrivent continues to strengthen its footprint in the financial landscape.