Sheldon Lavin: The impact he created at OSI Group

Sheldon Lavin is a prominent entrepreneur and a business executive with clout. He is the CEO of the biggest food company in the world known as OSI Group. It is through his efforts that this company has developed into a leading company in the world. He started working with it in the past four decades, and he has remained committed to its cause all through. He has made efforts to bring the industry closer to the people by making sure that the company has enough products to share with the consumers. OSI Group deals mainly with protein-foods. When they were starting, they sold with meat product only, but they seem to be embracing diversification at time goes.

Sheldon Lavin joined OSI Group in 1975. At the time, OSI Group was begriming its expansion process. In fact, he came to know about the company, which was then called Otto & Son, when they came to seek funds for expansion in the banking he was working for. Sheldon was placed in the role of the financial consultant and was to see that the deal between the bank and this company was through. In the first instance, Sheldon Lavin was offered a chance by his bank to join the company as a partner as part of the deal, but he refused. Otto & Sons then came a second time looking for more fund for further expansion of business. It is at this point that Lavin realized that this business was destined for greatness. He left the banking job and joined OSI as an equal partner; already it had two other partners.

With the entry of Sheldon Lavin at OSI Group, this was going to be one of the best decisions ever for the business. Lavin was formerly working as in investment manager and a bank executive, and therefore he had experience in managing high profile business. After this business grew further, he came to realize that there is something that does not add up. The company was only depending on one client-McDonald’s, and if something were to happen to their client, they would all go down. He decided this was not the right thing to do, and he took the company on a different path of seeking independence.

Through the efforts of Sheldon Lavin, today OSI Group is not only a leading business in the foods industry but one of the highly valued private companies. The Forbes places it at number #58.

 

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