John F. Grundhofer
John F. Grundhofer (January 1, 1939 – January 24, 2021) was a director of Donaldson Company, Securian Financial Group Inc., and BJ's Restaurant & Brewery. 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), a financial services provider. On retirement he was succeeded by his brother Jerry Grundhofer.
John F. Grundhofer | |
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Born | U.S. | January 1, 1939
Died | January 24, 2021 82) U.S. | (aged
Occupation | Company director |
Known for | Being kidnapped and held hostage in 1990 |
He was a graduate of Loyola High School (Los Angeles) and Loyola Marymount University. He received an MBA in Finance from the University of Southern California.
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.