August 28, 2016 3:42 PM ET

Insurance

Company Overview of Thrivent Financial for Lutherans, Inc.

Company Overview

Thrivent Financial for Lutherans, Inc., along with its subsidiaries, provides financial services to Christians in the United States. The company offers insurance products and services, including life, disability income, long-term care, Medicare supplement, medical, and business insurances; and annuities, such as immediate annuities, deferred annuities, deferred income annuities, and variable annuities. It also provides traditional and Roth individual retirement accounts; investment and asset management services, including mutual funds, managed accounts, and professional money managers; securities and investment advisory services; and financial planning and guidance services through represent...

625 Fourth Avenue South

Minneapolis, MN 55415-1624

United States

Founded in 1917

Phone:

800-847-4836

Fax:

800-225-2264

Key Executives for Thrivent Financial for Lutherans, Inc.

Chief Executive Officer and Director
Co-Managing Partner for Pacific Southwest Regional Financial Office
Co-Managing Partner for Pacific Southwest Regional Financial Office
Co-Managing Partner for Pacific Southwest Regional Financial Office
Compensation as of Fiscal Year 2016.

Thrivent Financial for Lutherans, Inc. Key Developments

Thrivent Financial Names Paul Johnston as General Counsel

Thrivent Financial announced that it has named Paul Johnston as general counsel for the organization. Johnston was previously vice president and deputy general counsel. As general counsel, Johnston will lead all legal and compliance areas as well as corporate governance. Johnston will report directly to the CEO and will join Thrivent's executive management team.

Thrivent Financial Announces Executive Appointments

Thrivent Financial announced that it has named four executives to new leadership positions and realigned roles and reporting under the new organization. Teresa Rasmussen has been promoted to president of the organization's core fraternal business unit, a role previously held by CEO Brad Hewitt. Jim Thomsen has been named president of Thrivent Holdings, overseeing subsidiaries, affiliates and sponsored organizations including Thrivent Federal Credit Union and Thrivent Mutual Funds. Christopher Kopka was named president of Thrivent Church Services Group, and Terry Timm has been promoted to chief people and administrative officer for the organization.

Thrivent Financial Announces Earnings Results for the Year Ended December 31, 2014

Thrivent Financial announced earnings results for the year ended December 31, 2014. The company has reported that net income for the year ended December 31, 2014 was $765 million, compared to $700 million for the year ended December 31, 2013. Total revenue for the year ended December 31, 2014 was $8.94 billion, compared to $8.52 billion for the year ended December 31, 2013. Net investment income for the year ended December 31, 2014 was $2.69 billion, compared to $2.57 billion for the year ended December 31, 2013. Other income for the year ended December 31, 2014 was $713 million, compared to $617 million for the year ended December 31, 2013.

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