OSI Group started as a local butcher shop but over the years, it went on to become one of the largest food producers of the world. The company’s Chief Executive Officer and Chairman, Sheldon Lavin deserves all the credit for its success. Born in 1932, Lavin earned his degree in accounting and finance from University of Illinois and Northwestern University. He also earned his Bachelor of Science degree in business from Roosevelt University, based in Chicago, Illinois.
Even before joining OSI Group in 1970, Sheldon Lavin was enjoying a successful career as an investment manager as well as a bank executive. He also owned a financial consulting firm. The OSI Group was known as Otto & Sons back then. They were looking for funds so they could expand their business. When Sheldon Lavin helped them in arranging their funding, they were so impressed by his skills that they offered him an ownership stake in the company. He declined this offer, but when the deal was agreed upon, he remained as a consultant to the company. He finally became partner of company in 1975 when the organization was looking for funds to expand the business internationally. This was also the year when Otto & Sons turned into the OSI Group. After a few years, McDonald’s, which was the primary client of OSI Group, asked him to commit full-time to OSI Group. They were on the brink of growing internationally and they wanted an individual whom they could trust with eyes closed. Sheldon Lavin accepted the offer and thus, became the chairman and CEO of OSI Group.
Today, OSI Group has over 20,000 employees around the world and Sheldon Lavin is incredibly proud of his employees. According to him, the people are his first priority. OSI Group has more than 55 facilities in 16 countries. After expanding his business in Philippines, China, Australia, Japan and India, Lavin, now at the age of 81, is still continuously working to further expand his business in different parts of the world.
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