# Teresa Rasmussen

> Teresa (Terry) J. Rasmussen is president and CEO of Thrivent, the Minneapolis-based, member-owned financial services organization. A former U.S. Justice Department trial attorney and American Express legal executive, she joined Thrivent in 2005, led its core business from 2015 and became CEO in 2018. Her work centers on modernizing financial advice and digital services while maintaining Thrivent’s community-giving programs. She also chairs H.B. Fuller’s board and serves on the Walker Art Center board.

- **Role:** President and Chief Executive Officer at Thrivent
- **Organizations:** Thrivent, H.B. Fuller Company, Walker Art Center, American Council of Life Insurers, American Express, U.S. Department of Justice
- **Education:** Bachelor’s degree in accounting, Minnesota State University Moorhead, Juris Doctor, University of North Dakota
- **Known for:** Led the transition from Thrivent general counsel to core-business president and then CEO., Elected independent H.B. Fuller board chair effective January 2025., Elected ACLI chair for its 2026 term.

## Career timeline

- **1984** — Began legal career as a trial attorney in the U.S. Department of Justice Tax Division through the Attorney General’s Honors Program.
- **Before 2005** — Held private-practice and financial services legal roles, including senior positions at American Express.
- **2005** — Joined Thrivent as senior vice president, general counsel and secretary.
- **2015** — Became president of Thrivent’s core business.
- **2018** — Became president and CEO of Thrivent.
- **2020** — Joined H.B. Fuller’s board as an independent director.
- **2025** — Became independent chair of H.B. Fuller’s board in January; elected ACLI chair for its 2026 term in October.

## Achievements

- Led the transition from Thrivent general counsel to core-business president and then CEO.
- Elected independent H.B. Fuller board chair effective January 2025.
- Elected ACLI chair for its 2026 term.
- Named an InvestmentNews 2024 CEO of the Year Excellence Awardee.

## Latest updates

- **2026-10** — Published a Kiplinger contribution on financial success beyond net worth, citing Thrivent survey research.
- **2026-09** — Discussed curiosity, education and career advice in a Carlson School interview published ahead of an October 6 speaking engagement.
- **2026-09** — Wrote a Thrivent member letter reflecting on learning and responsibility when she first became CEO.
- **2026-03** — A March 20 Thrivent member letter reported 2025 collective generosity and financial results.

## Links

- Website: https://www.thrivent.com/
- LinkedIn: https://www.linkedin.com/in/teresa-terry-rasmussen/

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Profile page: https://yespress.io/teresa-rasmussen
Published by YesPress — https://yespress.io
Last updated: 2026-10-21