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.

Sheldon Lavin Champions Investment for the Future

In early 1970, Sheldon Lavin had been a highly successful banking executive, and was also operating his own financial advisory firm, but, with an increased yearning to change the world, he jumped at the opportunity to secure funding for Otto and Sons – a mid-sized meat processing company based out of Chicago. Otto and Sons, which would later be renamed, OSI Group, had been in existence since 1909, but it wasn’t until 1953, that a partnership with McDonald’s, would prove to be their most fruitful business move. In 1973, with the financial assistance of Mr. Lavin, OSI Group began utilizing their new plant, which was dedicated to servicing McDonald’s Corporation on an exclusive basis. Throughout the decade, Sheldon Lavin became increasingly involved with OSI Group and he eventually garnered an equal partnership with the sons of Otto Kolschowsky. From that point on, OSI Group would be recognized for its rapid expansion and acquisitions, and with new locations in the Philippines, South Africa, and Australia, the company had become an international entity. Today, OSI Group has over 65 locations around the world, and Sheldon Lavin, who is now 85 years old, continues to lead the way to build a greater, more efficient, company.

One of the main factors in Sheldon Lavin’s continued success throughout his endeavors was his early recognition of his ability to build empires. This was due to his near-immediate success upon transitioning to the world of food processing. At the beginning of Mr. Lavin’s career transition, there were some doubts, as he was was not intimately familiar with the business of Otto and Sons, but he was also supremely confident in their ability to prosper. One of the most important aspects of Mr. Lavin’s role as Chief Executive Officer of OSI Group is to heavily invest in marketing, in order to consistently bring in new clients. In order for him to do so, he continues to champion developing technology, as new tech always dictates the order in which the future operates. For his innovations, Sheldon Lavin has received a number of awards, and he is an avid philanthropist, often contributing to Ronald McDonald House Foundation and more