UNITED GROCERS ELECTS PRESIDENT/CEO

PORTLAND, Ore. -- United Grocers here named T.W. (Terry) Olsen president and chief executive officer last week.The company also reported net income of $19.8 million on sales of $1.2 billion for the year ended Oct. 2, 1998. This compares with a net loss for the previous fiscal year. Olsen, previously executive vice president and chief operating officer, succeeds Charles Carlbom, who remains with the

PORTLAND, Ore. -- United Grocers here named T.W. (Terry) Olsen president and chief executive officer last week.

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