[2] He left Bank of America to join Star Banc Corporation in 1993.
[3] He became the CEO of U.S. Bancorp when it merged with Firstar in February 2001,[4] and then chairman of the board in 2002, succeeding his brother John F.
[2][3] Jerry Grundhofer remained as chairman of the board of directors until the end of 2007, when he was scheduled to retire.
[2] He also served as vice chairman of Bank of America (BAC) and was on the board of Lehman Brothers.
[6] In March 2009, Citigroup announced the appointment of Grundhofer to its board of directors.