Lynn Crump-Caine Elected Board Chair At Fortune 500 Firm Thrivent, Marking Major Leadership Milestone

Core Insights - Lynn Crump-Caine has been elected as the board chair of Thrivent, making her the only Black woman currently in that position at a Fortune 500 company [1][3] - Thrivent reported revenues exceeding $12 billion and assets under management of over $200 billion, marking the highest metrics in the firm's 120-year history [2] Company Overview - Thrivent provides a range of services including insurance, banking, investment, and financial advice to over two million clients [2] - The firm has a long-standing history of over 120 years in the financial services industry [2] Leadership Transition - Crump-Caine will chair her first board meeting in February and succeeds N. Cornell Boggs III, who will remain on the board [3] - Crump-Caine has been a board member since 2016 and previously chaired the human resources and governance committee [4] Leadership Experience - Crump-Caine has extensive experience, including 30 years at McDonald's Corp, where she was executive vice president of worldwide operations [5] - She is also the founder of OutsideIn Consulting, which focuses on business management and leadership development [5] Board Representation - Crump-Caine's appointment is significant as only two other Black women are CEOs on the 2025 Fortune 500 list, highlighting the importance of diversity in corporate leadership [3][7] - Both Crump-Caine and Boggs emphasized the need for increased Black board representation and corporate engagement in this area [7]