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When was Jerry A. Grundhofer born?
Jerry A. Grundhofer was born in 1945.
When was Jerry Grundhofer born?
Jerry Grundhofer was born in 1945.
Where was Jerry A. Grundhofer born?
Jerry A. Grundhofer was born in Glendale, California in the United States.
What were the family circumstances for Jerry Grundhofer?
Jerry Grundhofer is known for being a part of a large family from a working-class background. He grew up in the Midwest with seven siblings, and their parents were both employed in blue-collar jobs. This upbringing instilled in Grundhofer a strong work ethic and a drive to succeed.
What bold move did Grundhofer make in 2001?
acquiring U.S. Bancorp--run by Jack Grundhofer--for $86 billion. Investors worried that Grundhofer was moving too fast, particularly in light of other recent--and sometimes disastrous--large bank mergers, but USB was attractive and affordable
What was Grundhofer recruited to do in 1987?
the chairman and CEO of Security Pacific Corporation in Los Angeles, recruited Jerry Grundhofer to head the company's retail-banking business. Over the next three years Grundhofer increased the business's net income from $125 million to $425 million
What has the author Eduard Franz Grundhofer written?
Eduard Franz Grundhofer has written: 'An investigation of certain methods for testing heat insulators' -- subject(s): Bibliography, Building materials, Heat, Insulation (Heat), Testing, Transmission
What happened to Grundhofer in 1992?
In April 1992 BankAmerica Corporation announced that it would acquire Security Pacific. Grundhofer stayed on until May of 1993, when he was named president, CEO, and board chairman of Star Banc Corporation of Cincinnati.
What position did the Grundhofer brothers assume following the merger?
Jerry Grundhofer became president and CEO of the country's eighth-largest commercial bank, while Jack was chairman of the combined board of directors. The brothers saw the two companies as a perfect match
What merger did Grundhofer negotiate in 1999?
$10 billion for Mercantile Bancorp of St. Louis, a regional holding company with $33 billion in assets. Grundhofer admitted that he would have liked to have moved more slowly but, as with his later acquisitions, believed that he couldn't afford to wait
What did Grundhofer's success enable him to acquire?
Firstar Corporation of Milwaukee in late 1998. With assets of $15 billion Star Banc paid $7.5 billion in stock for Firstar and its $23 billion in assets. Grundhofer took the Firstar name and moved his company's headquarters to Milwaukee
What did Jerry A. Grundhofer work his way up through the banking world to become?
president, CEO, and chairman of U.S. Bancorp (USB), the nation's eighth-largest bank-holding company. Over his career Grundhofer turned around several faltering banks by adhering to his basic business principles
