McGrane brings over three decades of leadership experience in financial services to Thrivent’s board
MINNEAPOLIS, March 14, 2023 /PRNewswire/ — Thrivent, a Fortune 500 diversified financial services organization, announced that Brian McGrane has been appointed to serve on Thrivent’s Board of Directors. McGrane’s term became effective on March 13, and he will serve on the Audit and Investment Committees of the board.
Thrivent’s Board of Directors consists of 13 members and is led by N. Cornell Boggs III, board chair since February 2023. Thrivent proudly serves more than 2 million clients and has $162 billion in assets under management/advisement (as of 12/31/22).
“Thrivent’s enduring financial strength and stability has been a key differentiator for our clients for more than a century, and Brian’s deep experience across all aspects of financial services — including investment and wealth management, insurance and banking — will be a valuable asset on our board,” said Terry Rasmussen, president and CEO of Thrivent. “His knowledge and expertise will help continue to position Thrivent for future growth and relevance as we serve generations to come.”
Until recently, McGrane served as executive vice president and chief financial officer of business units at Ameriprise Financial. He was responsible for the financial aspects of all operating segments of the company, and also led the mergers and acquisitions and corporate actuarial functions. During his tenure, he was recognized for his key role in driving industry-leading shareholder value growth. Prior to his CFO role, he progressively advanced through leadership roles in finance at Ameriprise and American Express. McGrane began his career at KPMG.
McGrane has held several board positions serving Minnesota based organizations throughout his career. He currently serves as a member of the boards of trustees at Saint John’s University and the College of Saint Benedict and is a member of the board finance committee of Allina Health. He previously served on the boards of Ameriprise Bank and RiverSource Life.
McGrane has a bachelor’s degree in accounting from Saint John’s University. He resides in Bloomington, Minnesota with his family.
Thrivent is a diversified financial services organization that helps people achieve financial clarity, enabling lives full of meaning and gratitude. Thrivent and its subsidiary and affiliate companies serve more than 2.3 million clients, offering advice, insurance, investments, banking and generosity products and programs over the phone, online as well as through financial advisors and independent agents nationwide. Thrivent is a Fortune 500 company with $162 billion in assets under management/advisement (as of 12/31/22). Thrivent carries ratings from independent rating agencies which demonstrate the strength and stability of the organization, including an A++ rating from AM Best; an Aa2 rating from Moody’s Investors Service; and an AA+ rating from S&P Global Ratings. Ratings are based on Thrivent’s financial strength and claims-paying ability, but do not apply to investment product performance. For information on these ratings, visit the rating agency’s website. For more information about Thrivent, visit Thrivent.com or find us on Facebook and Twitter .