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.

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 company as senior executive for mergers and acquisitions, the company said. Olsen prai

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