Sheldon Lavin: How the Food Industry Made him Successful

Sheldon Lavin is an American businessman and entrepreneur who currently serves as the chairman and CEO of the OSI Group LLC, one of the largest and leading suppliers of meat and processed food products in the world. Sheldon Lavin found his way to the food industry 40 years ago, and under his leadership at the OSI Group LLC, the company managed to expand globally and currently operating in 17 countries. The products made by the OSI Group LLC are renowned for their quality, and it has won several recognitions from respected award giving bodies and organizations internationally. Sheldon Lavin never imagined that he will be working for four decades in the food industry. His first career was very different from the present industry he is at, and it was a pure accident how he ended up being the chairman and CEO of one of the largest protein suppliers in the world.

Sheldon Lavin’s first career was with the financial world. He owns a financial consulting firm back then, and entrepreneurs owning small and medium sized businesses would go to his office and ask for assistance for additional funding. His financial consulting firm has several banking partners, and they all work together to help business people who are just starting with their businesses. One of his clients was the original founder of OSI Group LLC, and the company is known as Otto & Sons back then. During the 1970s, the founder of Otto & Sons asked for financial assistance from Sheldon Lavin, because his company needs more funds as their main business partner – McDonald’s – steadily grows and the demand for burger patties is increasing. Sheldon Lavin called one of the banks under his network and asked for additional funding.

The bank issued a condition wherein Sheldon Lavin would have to be given an executive position back at Otto & Sons in order for them to release the funding. Sheldon Lavin did not accept the condition, so the bank revised it and stated that he should be given an investment instead, on par with what the owners have. The founder of Otto & Sons agreed to the condition, and the funding was later given to them. This is how Sheldon Lavin started his venture in the food industry. As time went by, Otto & Sons grew and later became OSI Group LLC. The original founder, along with his sons, chose to retire and appointed Sheldon Lavin to be the next chairman of the company because they know that OSI Group LLC will be in good hands under him.

Read more : OSI’s Sheldon Lavin Receives Global Visionary Award