CMB Leader Larry Anderson to Retire

CHICAGO, IL (July 5, 2018) – Lawrence Anderson, executive vice president of finance for Covenant Ministries of Benevolence, will retire December 31, 2018, it was announced.

Anderson began serving as an elected member of various Covenant-affiliated boards starting with Swedish Covenant Hospital in 1973, National Covenant Properties in 1974, and CMB in 1976. He has served five separate five-year terms on the Board of Benevolence. He became its executive vice president of finance in 2008.

As a board member and then as administrator, he has helped oversee a vast expansion of Covenant Retirement Communities, the growth of Covenant Enabling Residences, and Swedish Covenant Hospital in Chicago and Emanuel Medical Center in Turlock, California. He was instrumental “in establishing two endowment funds with total worth of over $100 million for the Turlock area after the hospital there was sold”

“I am personally thankful for Larry’s rich historical knowledge and helpful advice as I have begun my leadership journey at CMB,” said Roger Oxendale, who began serving as the ministry’s president in 2017. “Larry’s profound love and dedication to the ministries of CMB have been evident in his work and we know this will continue even into his retirement.”

Prior to joining CMB in 2008, Anderson worked for more than 23 years as a sales and marketing executive for three of the world’s largest financial futures firms.

Anderson earned a bachelor’s degree in economics from North Park and then a Master of Business Administration from the University of Chicago.

His heart has always been with North Park. He has mentored more than 100 North Park Students through internship opportunities and career counseling.

“What I’ve really enjoyed are the ties between CMB and North Park, whether it be interns or other projects we’ve worked on together,” Anderson said. “Nothing excites me more than to see North Park’s success. They’ve been a big part of who I am.”

Anderson serves as president of the Covenant Harbor Foundation, which he said has been among his most rewarding experiences, and he plans to continue volunteering with the camp in Lake Geneva, Wisconsin. “In addition to continuing to help in fund raising efforts, maybe I will go whack weeds or cut wood”

Anderson said he learned a lot about service from mentors. “I was just a young pup, and I had tremendous examples of Christian businessmen and women who were giving their time on these boards,” he said.

Anderson with his wife Diann was also was on the launch team for Naperville (Illinois) Covenant Church in the 1970’s.

He doesn’t have a lot of definite retirement plans but said, “I’ll continue to serve. That’s what I know.”

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Stan Friedman is the news and online editor for the Covenant Companion and is grateful for the opportunity to serve in a job that combines his newspaper and pastoral ministry experience. He has been to 15 Bruce Springsteen concerts in four cities and listened to “Thunder Road” an average of at least once a day for 41 years.

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  1. Thank you Larry for your spiritual mentoring, professional tutelage, and servant example to myself and countless others from NECC and NP. If I know you at all, you will be just as busy in “retirement” as ever before.

  2. Larry,
    Just as you learned from your mentors you have been such an influence on all those you have touched. Thanks for your impact on me personally and my family collectively. Welcome also to your 2nd half!!!! Dave Petersen

  3. I thank you Larry for your commitment to serve the Covenant so well.
    I thank you Larry for your friendship , I will treasure that forever.
    I pray for health during your next journey serving our Lord Jesus.

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