More than four decades ago, Sheldon Lavin left his promising career in the banking hall to venture into the meat processing industry. Although he had a great career as a banker, Sheldon was ready to leave his comfort zone and venture into a path he had not trekked before. Although there were a lot of criticism from colleagues and friends alike, Lavin wasn’t ready to look back.
Sheldon Lavin venture into the meat industry began in 1970 when he arranged for financing for Otto & Sons, the forerunner enterprise of OSI industries. Otto & Sons had started as a hamburger supplier to McDonald’s in 1970. At that time, Lavin was more of a consultant than a partner. After five years of doing business, Otto retired and left his sons to run the business, and they partnered with Sheldon.
As years went by, Sheldon learned new tricks of doing business, and by 1980s, he had acquired half of the firm from Otto’s sons. At this time, Otto & Sons had rebranded to OSI Group. OSI group started opening new stores in Taiwan, South America, North America, and Europe. By 1990, Sheldon acquired the entire business from Otto’s and continued its expansion in Europe and America. Additionally, OSI expanded to China, Japan and also in the African Continent.
Since he took over reigns at OSI Group, Sheldon has managed to steer the company into great heights. He has succeeded in opening new subsidiary companies that include OSI Industries LLC, OSI International Foods, and OSI International LLC. OSI group employs more than 20,000 employees through its subsidiary companies. According to Sheldon, OSI Group operates more like a family than a company, and that is why the employee retention at the company is very high.
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Lavin has been honored with several prestigious accolades throughout his career. In May 2016, he was awarded the coveted Global Visionary Award for his unrelenting efforts in making a dream come true by the Vision World Academy. The Academy has been awarding high achievers for the last five years.
Sheldon Lavin also received 2015 Lifetime Achievement Award from RSM US LLP. Besides investing, Sheldon is also involved in numerous charities. Some of them include the McDonald House Charities, Jewish United Fund, and the Inner City Foundation of Chicago.
Learn more about Sheldon Lavin: https://about.me/sheldonlavin