Meat industry titan and Chairman and Chief Executive Officer of OSI Group, Sheldon Lavin, is well known throughout the business world for his savvy business exploit and acute acumen, and although he has steadily risen to the top over a career that has spanned nearly five decades, he got his start in a very different industry. Prior to joining OSI Group as a consultant in the early 1970’s, Mr. Lavin was a successful investor and executive in the banking industry, while also heading a financial consulting firm.
In 1970’s Mr. Lavin was asked to help secure funding for Otto and Son’s in a major deal that would allow the company to become the Midwest supplier of meat for the McDonald’s Corporation. In order for Otto and Son’s to become the major supplier for McDonald’s Corporation, they would first need to build a new meat processing factory. During the completion of the deal with Otto and Son’s, Mr. Lavin was asked by the bank to become a partner in the company in order to ensure that things would go over as planned. While Mr. Lavin initially turned down the deal to come aboard with Otto and Son’s, he agreed to become a consultant for the company, with the caveat that if he would ever decide to join Otto and Son’s at a later date, he would be able to come aboard with a position similar to the heads of the company. By 1975, Mr. Lavin would become significantly more involved with Otto and Son’s, which would have the OSI Group name at this point, due to an open position in the company. At the behest of McDonald’s Corporation, Mr. Lavin would later come aboard at OSI Group in a full-fledged capacity, and by the 1980’s, he would oversee major expansion for the company. Today OSI Group employs nearly 20,000 people around the world, and due to the leadership of Mr. Lavin, has had a very high success rate within the industry, and a low turnover rate among its employees.
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