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Grundhofer, his older brother Jack, and a sister were raised in a modest home in the Los Angeles suburb of Glendale. Grundhofer's father, a bartender, and mother, who worked as a caterer and maid, struggled to put their sons through Jesuit schools.

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9mo ago

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.

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Q: What were the family circumstances for Jerry Grundhofer?
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Related questions

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 circumstances of Grundhofer's early years?

Jerry eventually followed his brother through Loyola High School and Loyola Marymount University and into the world of banking. As a management trainee at Union Bank in Los Angeles, Jack found Jerry a summer job in the mailroom.


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 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 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


What has been said about Grundhofer?

There are a lot of CEOs who love being CEO more than they love the business. That's not the case with Jerry. He loves to sell, and he cares (February 2004).


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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


Which episode of family affair was Jerry mathers in?

Jerry Mathers never appeared on "Family Affair".


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