Sheldon Lavin has been CEO and chairman of international food processing company the OSI Group for almost 40 years. He first became aware of the company in 1970 when it was called Otto & Sons. They had come to Lavin for help financing expansion plans. At that time Lavin was an accountant and former banker who had been running his financial consulting firm for over 15 years. He got the company the money they needed, but he was so impressed with Otto & Sons, he started regularly buying stock in the company. Lavin also agreed to remain closely involved with the company.
Born in 1932, Sheldon Lavin has degrees in accounting and finance from Northwestern University and the University of Illinois. He also graduated from Chicago, Illinois based Roosevelt University with a bachelor’s degree in business. Lavin then went on to have a very successful career in the banking industry. Drawing on his training in business, finance and accounting and his banking industry connections, Lavin was able to start the Chicago based company Sheldon Lavin and Associates. He was also a very active investor and possessed a lucrative stock portfolio.
By the time the Otto & Sons original owners retired in the late 1970s, Sheldon Lavin owned a majority of the company’s stock and was able to take control of the company and become CEO. He changed the name to the OSI Group and began expanding the company’s customer base and building food processing plants across the United States and around the world. Lavin also instituted strict environmental management and food and worker safety policies. He then created a generous benefits program to ensure the workers and their loved one also enjoyed the fruits of the company’s success.
Under the visionary leadership of Sheldon Lavin, the OSI Group has flourished. The company has millions of customers and over 70 food processing plants in 17 countries. The OSI Group has also won numerous awards for it environmental policies. Still, despite consistently giving to countless charities, Meet Sheldon Lavin, the Man Behind the Success of OSI Group. Sheldon Lavin’s proudest achievement is maintaining a family atmosphere among the company’s over 20,000 employees.
Sheldon Lavin info: www.crunchbase.com/person/sheldon-lavin