John F. Grundhofer

John F. Grundhofer (January 1, 1939 – January 24, 2021)[1][2][3] was a director of Donaldson Company,[4] Securian Financial Group Inc.,[5] and BJ's Restaurant & Brewery.[6] He served as Chairman (1990–1997 and 1999–2002), Chief Executive Officer (1990–2001) and President (1990–1999 and 2000–2001) of U.S. Bancorp (formerly First Bank System),[7] a financial services provider. On retirement he was succeeded by his brother Jerry Grundhofer.

John F. Grundhofer
Born(1939-01-01)January 1, 1939
U.S.
DiedJanuary 24, 2021(2021-01-24) (aged 82)
U.S.
OccupationCompany director
Known forBeing kidnapped and held hostage in 1990

He was a graduate of Loyola High School (Los Angeles) and Loyola Marymount University.[8] He received an MBA in Finance from the University of Southern California.[9]

Grundhofer was purportedly kidnapped from a Minneapolis parking garage in November 1990. He escaped after being bound and stuffed in a sleeping bag. No one was ever charged in the kidnapping.[10][11]

See also

References
  1. "Jack Grundhofer, one of the valley's most prominent philanthropists, dies at 82". KESQ. 2021-01-26. Retrieved 2022-01-11.
  2. Jack Grundhofer, chairman emeritus of U.S. Bancorp and Coachella Valley philanthropist, dies at 82
  3. Kumar, Kavita (27 January 2021). "Jack Grundhofer, who built U.S. Bancorp in the 1990s, dies at 82". Star Tribune. Retrieved 28 January 2021.
  4. "Investor Relations - Corporate Governance". Archived from the original on 15 June 2012. Retrieved 12 September 2012.
  5. "Directors of Minnesota Mutual Companies, Inc". Retrieved 12 September 2012.
  6. "CORPORATE GOVERNANCE - BOARD OF DIRECTORS". Retrieved 12 September 2012.
  7. Bates, James (1 February 1990). "PEOPLE : Grundhofer to Leave Wells for Midwest Bank". Los Angeles Times. Retrieved 12 September 2012.
  8. "John F. Grundhofer". www.horatioalger.org. Archived from the original on 2004-02-23.
  9. "John F. Grundhofer". www.horatioalger.org. Archived from the original on 2004-02-23.
  10. "Bank Executive Escapes Kidnapper; Gunman at Large". Associated Press.
  11. "First Bank Chairman, Long a Survivor, is First Interstate's White Knight". Associated Press.


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