Thrivent celebrates CEO of the Year in prestigious awards ceremony

22 July 2025

A woman with shoulder-length brown hair speaks into a headset microphone. She wears a colorful striped jacket and stands against a blue background.

ICMIF member Thrivent (USA) made a big impression during the 2025 InvestmentNews Awards last month. The awards recognised outstanding professionals and firms in the financial services industry. Most notably, InvestmentNews honoured Terry Rasmussen, Thrivent’s President and CEO, with the highly coveted CEO of the Year award and highlighted her purpose-driven leadership and the transformative impact she has made at Thrivent and across the broader financial services industry.

“Terry is leading Thrivent through a bold transformation – one that honours Thrivent’s 120-year legacy while reimagining its future and evolving into a digital-first financial services company,” said N. Cornell Boggs III, Thrivent’s Board Chair. “Her commitment to service, generosity and faith drives results and deeply inspires those around her. On behalf of Thrivent’s Board of Directors, we extend our sincere congratulations to Terry for her well-deserved recognition as CEO of the Year by InvestmentNews.”

Adding to recognition of Thrivent’s financial expertise, two of its financial advisors were also recognised for their leadership, financial expertise and impact and named Excellence Awardees for their purpose-based approach to helping individuals and families who are planning for the future, establishing legacies for their loved ones and making their communities better.

  • Eva Stukenberg was named a finalist for the Advisor of the Year – Midwest Region.
  • Sofia Hernandez was a finalist for the Advisor of the Year – Southwest Region

Thrivent was the ‘Employer of Choice’ award sponsor during the ceremony. With advisor retention rates at twice the industry average, Thrivent says this sponsorship demonstrates the organisation’s commitment to being a place where financial advisors can enjoy a purpose-driven career with unlimited income potential, flexibility and opportunities for growth.

Thrivent is a Fortune 500 financial services company that helps build, grow and protect financial well-being through purpose-driven advice, investments, insurance, banking and generosity programmes. Terry Rasmussen was recently profiled by ICMIF and the article highlights her career journey and the values that guide both Terry and Thrivent as an organisation. Click here to request the link to read the article.

Photo shows: Terry Rasmussen speaking at the ICMIF Biennial Conference in 2022.

For member-only strategic content on the cooperative/mutual insurance sector, ICMIF members have exclusive access to a range of online resources through the ICMIF Knowledge Hub.

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