Sheldon Lavin is the current chairman and CEO of the OSI Group, LLC, the world’s largest supplier of processed protein products, which also provides food services and other retail brands. He was exposed to the food industry four decades ago, and through his leadership, the company grew exponentially, and his skills and expertise have brought the OSI Group, LLC to its current position. He was a former bank executive, and he also manages a financial consulting firm which he established, but his curiosity with other industries resulted to him leaving the world of finances and transfer to the food industry. Sheldon Lavin claims that the food industry is a total stranger to him, and working in a food manufacturing company would give him more experiences and learning.
It was in the 1970s when Sheldon Lavin first heard about the OSI Group, LLC, and it was still named Otto & Sons back then. The founder of Otto & Sons approached Sheldon Lavin for help, saying that he needs additional funding because McDonald’s, their business partner, is asking for more beef patties and they do not have any other idea where they can get additional financing. McDonald’s is growing rapidly, and Otto & Sons must be able to cope with them so that their business would still continue. Sheldon Lavin called his bank partners and asked for a loan, but for him to secure the funding for the meat processing company, the banks gave a condition that Otto & Sons should give Sheldon Lavin a position within the company. Sheldon Lavin refused the bank’s offer, and ordered them to revise it. The banks changed the deal, stating that Sheldon Lavin be given an investment within the company instead for the loan to be released. The founder of Otto & Sons accepted the deal, and they were given the funding that they need.
Sheldon Lavin worked indirectly with Otto & Sons as a partner, but his involvement in the company soon became apparent after the founder of Otto & Sons decided to retire. His sons inherited the company, but they could no longer manage it properly, because it keeps on growing and expanding. They decided to sell the company to Sheldon Lavin, and the company was rebranded to OSI Group, LLC. Up until today, the company maintained its partnership with McDonald’s, and they keep on expanding their operations to other countries, located in North America, South America, Europe, and Asia.
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