Jim Abitz, senior vice president and chief investment officer for Thrivent Financial for Lutherans, will retire at the end of the year. Abitz is a 36-year veteran of Thrivent and Aid Association for Lutherans (AAL). Thrivent Financial was created on Jan. 1, 2002 by the merger of AAL and Lutheran Brotherhood.

Thrivent officials said that the firm plans to have Abitz's successor in place by year-end.

"I have been eligible to retire for a few years now, but I wanted to help develop the strategic direction for Thrivent Financial's future investment operations," said Abitz in a statement. "This work is now taking root, and it is time to step aside and enjoy my retirement with my wife and family."  

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