Sheldon Lavin: A Businessman with Hometown Values
Sheldon Lavin, now 81 has had a long and successful career. He started out in the banking industry, eventually owning his own financial firm. In the 1960’s Otto & Sons (the original name for OSI) came to Lavin asking him to help find financing for a meat processing plant. The company had national supply contracts with McDonalds. Sheldon helped find the financing they needed and this was the beginning of a long a fruitious relationship.
In 1971 Sheldon Lavin joined the company as a partner and quickly became CEO. Thanks to his early efforts, the OSI group expanded throughout the United States. Later expanding into Europe, Asia, Latin America, Australia and more. Today the company has facilities in more than 16 countries and there are over 57 facilities world wide, making OSI the largest privately held food distributor in the world.
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Although for decades, the OSI group specialized in meats, supplying hamburger patties to McDonald’s and meat products to other restaurant chains, recently it has als taken n the distribution of meatless products. This is thanks to Sheldon Lavin’s visions of expansion.
When asked about his greatest accomplishments, Mr Lavin says it is his employees. The only reason he stays on as head of the company is because his employees are like family. The company has a very small turnover rate and this is thanks to the corporate-family culture he instilled in the early years. Today, the company employs nearly 25,000 people in 17 different countries and has more than 56 processing facilities.
When asked about his future plans Sheldon Lavin says he plans on increasing the number of facilities in Europe, extending sales in these countries too, and then growing the facilities more in Asia. He still has a lot of work cuto out for him. Source: https://en.wikipedia.org/wiki/OSI_Group