Jerry Grundhofer
![Jerry Grundhofer](/assets/img/authors/unknown.jpg)
Jerry Grundhofer
Jerry Grundhoferis the former CEO and Chairman of U.S. Bancorp. He graduated from Seattle University in 1965. In 1993, he became the president of Star Banc Corporation and held that position until 1998, when it merged with Firstar Corporation. He had been the CEO of U.S. Bancorp since February 2001, and has been Chairman of the Board since 2002. Jerry Grundhofer stepped down as CEO on December 12, 2006 and was replaced by his longtime lieutenant Richard K. Davis who...
benefit company given pay performance proposal results target type
We are an inappropriate target for this type of proposal given that we pay for performance. You know that we have always managed this company for the benefit of our shareholders, and our results show that commitment.