After making his fortune in California as a big-bank efficiency expert, Jerry A. Grundhofer is aiming for growth at a sleek midwestern company.

Mr. Grundhofer, 48, is the new chief executive of Cincinnati-based Star Banc Corp., a post he took only weeks after pulling the rip cord on a $2 million golden parachute from BankAmerica Corp. He had been a vice chairman at the San Francisco behemoth, which last year swallowed his old company, Security Pacific Corp.

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