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McLane Announces Shift in Leadership of Grocery, Foodservice Divisions.

TEMPLE, Texas -- McLane Company, Inc. announced today that after 24 years of dedicated service, Terry McElroy, President of McLane Grocery Distribution, has decided to retire effective February 2006.

McElroy joined McLane in 1981 as Vice President of Distribution and has had a rewarding career with the company. He is highly respected as one of the most knowledgeable logistic executives in the industry.

Grady Rosier, President and Chief Executive Officer of McLane Company, Inc., said, "I am proud to have worked with him over the years and can say with heartfelt sincerity, 'Thank you for a job well done!' He has clearly embodied the company's beliefs and values in his daily life at McLane. His strong presence and leadership will be missed."

Without question, McElroy has been one of the primary architects in leading McLane from a small central Texas wholesaler to the $24 billion business it is today. His vision, work ethic, strong leadership and wisdom have propelled the growth and development of the grocery distribution business at McLane.

McElroy has cultivated countless business relationships and friendships with McLane teammates, customers, vendors and other associates and his legacy will remain through the many individuals he has assisted, mentored and influenced during their careers at McLane.

With the announcement of McElroy's retirement, McLane also announced that Mike Youngblood, current President of McLane Foodservice Distribution, has accepted the position of President, McLane Grocery Distribution.

Youngblood's career with McLane began at the company's Western Division in Longmont, Colorado in 1982 as Vice President of Distribution. Since then he has held leadership positions at McLane Southeast in Dothan, Alabama, McLane Southern in Brookhaven, Mississippi, and McLane Mid Atlantic in Falmouth, Virginia. He served as a Director in the Logistics Department at the McLane Company Home Office, and held the position of Regional Vice President, Atlantic Region, for McLane Grocery Distribution from 1997 to 2000.

Most recently, Youngblood has served as the President of McLane Foodservice Distribution since its acquisition in December 2000. During the past five years, McLane Foodservice has flourished by achieving its financial objectives, providing great customer service, and developing a strong team-oriented environment. Mike has provided great leadership in assimilating the McLane Company culture into the Foodservice business unit. He has been especially successful in identifying, developing, and motivating a strong leadership team that is positioned to continue its success into the future.

Rosier said of Youngblood, "I am confident that Mike will bring the same strong work ethic, vision and leadership to the Grocery Distribution business unit."

Youngblood will continue to provide leadership to McLane Foodservice while transitioning into his new role. McLane expects to announce a new President for the Foodservice Distribution business in the near future.

About McLane Company, Inc.:

McLane Company, Inc provides distribution services throughout the United States, delivering food and non-food products to more than 50,000 customer locations, including the convenience store, drug store, mass merchandise, quick service restaurant and movie theater industries. Headquartered in Temple, Texas, the company operates 19 grocery distribution divisions and 18 foodservice distribution centers as well as an industry specific software company. McLane Company, a wholly owned subsidiary of Berkshire Hathaway Inc. (NYSE:BRK), employs some 14,000 people nationwide.
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Publication:Business Wire
Date:Oct 24, 2005
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