How did Sheldon Lavin become the CEO of OSI Industries?

Sheldon Lavin is the chairman and CEO of OSI Group, a role he took up about four decades ago. It did not take long for him to take up this position since he had joined the firm in 1975. His role was paramount since he was coming from the banking sector. He was a bank executive investment manager. He joined OSI after seeing the potential the business had. OSI, then known as Otto & Sons had approached the bank looking for funds to carry out business expansion. It is at this point that he played a crucial role in expanding the operations of the business. He facilitated the capitalization of the company such that it met its objectives of local expansion. When they came back in 1975 looking for more funds for international expansion, Sheldon Lavin was added as a partner.

For Mr. Lavin to take up the role of chairman and CEO at OSI Industries, it is the McDonald’s who pushed for it. OSI was one of the main suppliers to the McDonald’s who at the time was doing very well in establishing restaurants all over the country and beyond. McDonald’s needed his full commitment to OSI. With McDonald’s eye an international move at the time, they needed to be sure that their suppliers are also operating optimally. The only way they would be assured of good performance and reliability from OSI was by having Sheldon Lavin as the CEO. His experience in the banking sector was sufficient to manage the operations of the food company effectively.

Under the leadership of Mr. Lavin, the McDonald’s continued doing very well. It followed in the footsteps of the McDonald’s which was rapidly growing at the time. Sheldon was a partner at the company alongside the other two. When one partner returned, he was left with half controlling powers in the food company. In the early 2000s, the other partner left leaving Sheldon Lavin with full control of everything happening in the company.

Sheldon showed commitment to the cause he had taken up since even after the other partners left. He did not give up on what he had started. He was committed to the whole process of making the company the largest in the world. He once told an interviewer that he would have left the company if he knew his dive to make the company great was insufficient. He took this challenge because he knew it would happen.

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