Sheldon Lavin is the CEO of meat and food processing company, OSI Group. Prior joining the firm over 40 years ago, Lavin was running a financial consulting firm. He also had a career in the banking industry as an executive and investor. By then OSI Group went by the name Otto &Sons and needed funding to help them manage supplying meat to McDonalds Corporation. The bank approached Sheldon Lavin through his firm and requested him to take a position at Otto &Sons. He took over the position of the company’s financial consultant beginning his journey in the meat processing industry.
Successes at OSI Group
When Sheldon joined OSI Group in 1970, he was just a mere outsider. However, he had the desire to transform the company into a world class meat and food processor. In 1975, his involvement in the company increased as he started looking for international opportunities. At the same time, Otto retired and Sheldon became a partner with the sons. Sheldon appreciated the business culture McDonald applied in business. When he was requested to joint OSI Group full time, he agreed without hesitation.
Thorough his leadership, OSI Group managed to penetrate new markets in North and South America, Taiwan, and Europe. In the early 80’s, one of the partners decided to sell out his shares and Lavin bought them giving him half control of the company. When the other partner retired over a decade ago, Sheldon gained full ownership of the company.
International and Local Growth
Once he gained control, Sheldon decided to further expand the company, both domestically and internationally. The company expanded to Australia, Philippines, China, India, Japan, and South Africa. In 2016, the company further expanded their presence in Europe when they bought Baho Food and Flagship Europe.
On a local level, OSI Group bought Chicago based, Tyson Foods which was at the verge of closing due to financial problems. Through the purchase, OSI Group managed to save jobs for employee who would have otherwise been left jobless. The company also managed to expand their production options in Chicago. These expansions leave OSC Industries with 70 facilities in 17 countries and over 20,000 employees globally.
Sheldon Lavin’s Secret to Success
While the company follows the principle of leadership, they mostly operate as a family. This has played a great role in encouraging loyalty and teamwork. The company is also very conscious of giving back to the community and is involved in several charitable organizations.
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