43 years back, Sheldon Lavin was an outsider in the food processing industry. As a trained finance and accounting professional, Lavin envisioned owning a business in the same path. The current Chairman and Chief Executive Officer, OSI Group, began his career working in investment banking and finance.
In 1970, he structured the financing of Otto& Sons, now OSI Group, to build a meat processing plant to increase its supply capacity. Then, Otto& Sons wanted to become the lead supply of hamburgers to McDonald in the Midwest. Sheldon Lavin worked as a consultant and a partner at Otto & Sons. As the business continued to register significant growth, he invested his resources full time managing and strategizing. The company expanded to North America, South America, and Europe.
By the early 1980’s, Sheldon Lavin became half partner after buying the stakes of from one of the Otto brothers. The other retired and Lavin took over control after a vote cast. At the time, he purposed to transform OSI group into a market leader and an internationally recognized brand. Sheldon Lavin began pursuing various growth strategies in the late 1980s. He focused on growing OSI Industries’ international presence, product offerings, revenues and operational capacities. Lavin led the company in opening new plants, acquisitions, and mergers and signing partnerships and agreements with international producers and distributors of food.
Sheldon Lavin’s efforts registered successes for the company. By the late 1990’s, the company had diversified its product offerings to include fresh vegetables, baked goods, pork, poultry, and fish. The company also became an international producer and distributor of food commodities. Sheldon led the company in acquiring Flagship Europe, Boha Foods, Netherlands and creating partnerships with local businesses in India and Philippines. Today OSI Industries serves over 17 countries.
Lavin is a passionate entrepreneur and describes OSI as an entrepreneurial venture. He has encouraged a culture of innovation, consultation, collaboration, open communication and continuous dialogues in the company. The company also encourages ownership of goals and visions. The employees are the most valued assets in OSI Industries. Sheldon Lavin also leads the company’s initiatives to impact communities it serves positively. He contributes to the Ronald McDonald House Charities.
He is a recipient of the 2015 Lifetime Achievement Award from RSM US for his dedication to service and the greater Chicago business community. The India Vision World Academy recognized his efforts through the Global Visionary award. The award is in appreciates his input in developing OSI Industries into a global giant. During his tenure, OSI has received the 2016 Globe of Honor Award, certifications in environmental sustainability and recognition in service, employment, and safety.
Sheldon Lavin’s current ambitions are to continue growing the company and achieve world-class results in all the areas of operations as well as mentor the next generation of entrepreneurs.