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

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.

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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