John F. Grundhofer
# 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.

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.

