Herschel Herndon has been chosen to serve as the company’s first chief diversity officer.
Thrivent
The number of Minnesota workers affected by mass layoffs increased 47% in 2018.
The insurance giant is reportedly awaiting regulatory clearance, but if all goes as planned, its Thrivent Financial Bank subsidiary will become Thrivent Financial Credit Union this summer.
Thrivent claims that Countrywide Financial-which merged with Bank of America-and GMAC Mortgage perpetuated a "massive fraud"; meanwhile, Bank of America says Thrivent is "looking to blame someone for investment losses incurred during a period of economic downturn."