Collings Retires As Raley's CEO es L. Collings, chief executive officer of Raley's Supermarkets and Drug Centers here, retired last week after 42 years with the company. Collings, 72, will maintain an office here and act as a consultant to the company. Succeeding him as CEO will be Michael J. Teel, 46-year-old grandson of the chain's founder, who assumed the title of president from Collings last August. Teel has been with the family-owned chain since 1988 and has been groomed as Collings' ...

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