CALIFORNIA - News from Sept. 3, 1986

Winn Enterprises, parent of the ailing Knudsen Foods dairy concern, announced the creation of an executive committee to function as chief executive of the Los Angeles-based parent.

The three members of the committee are: Ted D. Nelson, formerly Winn chief executive; Nelson’s half-brother, Dee R. Bangerter, a major Winn shareholder and member of its board of trustees, and Daniel Montano, a Winn trustee.

Nelson said in a statement that the new structure allowed the board of trustees to be directly involved in the day-to-day management of Winn.

Montano, owner of the Montano Securities investment banking firm in Tustin, was appointed to Winn’s board last month.