Sheldon Lavin is Chairman and CEO of the world’s 10th largest meat processing and wholesale company OSI Industries, and also one of the oldest CEOs running a billion-dollar company. Even though he may be over 80, he is as excited as ever to keep growing the company and have new ideas and technology introduced to it. Lavin once said he would have never became the main owner of the company if he didn’t feel he could make it very big. And indeed today OSI Industries is open in 17 countries with over 50 operating plants. One of the most important investments Lavin has made is in enhanced safety equipment and training which has made OSI Industries one of the top safety practicing meat processing companies.
OSI Industries was only a local meat supply store in Chicago known as Otto & Sons when Sheldon Lavin first heard of it, and they asked him to obtain a bank loan on their behalf so they could build an additional large plant and open more locations. Lavin was originally an account manager and investment advisor at a large bank, and by the time Otto & Sons became a client of his he had started his own consulting business. During the first few years as their consultant, Lavin had been presented with the idea of becoming an owner in the company but didn’t want it at the time since he wanted to stay in the financial industry. But he kept working with Otto & Sons on more deals, and by the late 1970s he was nominated CEO. The owners retired in the early 1980s and sold Lavin the rest of their stakes in the company, and at that point Otto & Sons was changed to OSI Industries with its main company known as OSI Group.
OSI Industries and McDonald’s have have had a solid partnership over the years and Lavin has kept it strong by opening up prime locations advantageous to McDonald’s opening up franchises in China, Europe and other new places across Asia. Lavin also led the recent acquisitions of Baho Food and Flagship Europe to not only grow OSI’s product distribution, but in keeping the products and brand of those companies they’re now included in the overall inventory. Lavin is also a community activist and philanthropist who is a board leader at the Ronald McDonald House Charities and a donor to the Chicago Jewish United Fund which helps the homeless and needy in the city.
Read More: www.forbes.com/companies/osi-group/
OSI Group is a global company operating in the food production industry. The company’s head office is based in Aurora, ILL, but has other branches spread in different parts of the world. The President of the company is David McDonald, who also doubles as its Chief Operating Officer. OSI Group specializes in the supply of protein supplement food like beef patties and sausage links. In addition, the company supplies other items such as pizza and sandwiches. David McDonald has contributed to the growth and expansion of the company since he joined it.
Acquisition of Baho Food by OSI Group
In mid-2016, OSI Group acquired Baho Food, a Dutch based food manufacturer specializing in items like snacks and deli meats. According Mr. McDonald, the deal was meant to increase the presence of OSI in Europe. He further added that the products by the two companies complements each other, hence the possibility of meeting the ever growing needs or their customers. Baho Food had five subsidiaries and was serving customers in 18 countries in Europe. It was a major achievement for David McDonald and his company because they had expanded their operation to new markets. McDonald believes the success achieved by his company is as a result of partnering with other companies specializing in similar line of business from different parts of the world.
David McDonald’s Work and Education Background
Mr. McDonald received his bachelor’s degree in animal from Iowa State University in 1987. Soon after graduating, he joined OSI Industries where he began his career. He climbed up the ladder and became the company’s President and COO. McDonald is involved in numerous activities at Iowa State including the Alpha Gamma Rho. In 2011, he sponsored a group of student to visit the company’s facilities in China. OSI Group has operated in China for the last 20 years.
OSI Group’s Operations in China
According to David McDonald, as the Chinese economy continues to grow, the presence of OSI Group in the country has also continued to grow. They have continued to focus on the country because it has the largest consumer market in the world. McDonald explains that they have several great customers in the country who have enjoyed successful growth and it is their duty to keep serving them. Some of the customers served by OSI Group in China include Starbucks, Burger King, Yum, Saizeriya and others. McDonald believes the company’s operations in China will continue to grow and expand in the future.
Learn More: www.bloomberg.com/profiles/people/17665897-david-mcdonald
The career of Sheldon Lavin is of a considerable magnitude and it began in the spheres of accounting and finance which is his educational background. His consulting business was a crucial reason that Otto & Sons were able to secure additional funding to expand their operations and fulfill their lucrative contract with McDonald’s. Lavin has continued to maintain ties with the company ever since those days in the mid-seventies. He eventually bought out the current business partners to become the sole owner and the name was changed to OSI Group.
OSI Group has prospered on a global scale due largely to the vision of Sheldon Lavin and his desire to have an international impact. This ability of his to dream big has paid off in an extraordinary way as they have become one of the world’s largest privately held food processors. They have a depth of resources that few companies can match and were noted by Forbes Magazine for their size and ability to operate across the world.
The development of the company has been comprised of a steady growth trajectory that has culminated in operations across 17 countries and over 70 facilities worldwide. They have significant operations in Europe, Central and South America, North America, and Asia.
OSI Group, despite its size and scope, is driven by an entrepreneurial mindset that Lavin has carefully implemented. Creativity and outside-the-box thinking is encouraged and their ease and quickness of movement are unusual for a company so large. The vision of Lavin has propelled the company forward for decades and he continues working into his eighties and is still an entrepreneur at heart.
An open door policy is maintained by Lavin and the top management team at OSI Group. Employees are encouraged to bring forth ideas on how to grow and improve the business and the corporate office goes by first names. They also typically eat lunch together which fosters a family-like atmosphere where everyone has a voice and an opportunity for input.
One notable award that Sheldon Lavin has received was a Global Visionary Award from India’s Vision World Academy. He was honored for the perseverance and persistence that he displayed in turning his dreams into reality. This award was granted to inspire the next generation as to what is possible with hard work and dedication. Sheldon Lavin has been instrumental in building something special with OSI Group and they are among the world’s finest companies to work for.
Learn More: www.osigroup.com/news/
Food service industry giant the OSI Group is continuing to grow it international presence. The company is responsible for providing many of the food choices consumers worldwide see in their local supermarkets, restaurants and fast food franchises. Started as a small Chicago-area family meat market in 1909, the OSI Group now has about 80 food processing facilities in 17 countries in North, Central and South America, Eastern and Western Europe and throughout Asia. And it continues to expand by building new facilities and acquiring companies which help it to provide more and better service.
The OSI Group has provided quality food for the international market for decades. From their Aurora, Illinois headquarters, they manage a global network of facilities and clients through which they provide millions of consumers with packaged protein, vegetable and dough items for daily consumption. And the OSI Group, led by Sheldon Lavin, CEO and president David McDonald, is always looking for opportunities to expand the reach of its beloved brand. In 2016, the OSI Group bought a controlling interest in Baho Food, a Dutch company which has subsidiaries in the Netherlands and Germany.
Baho Foods already provides 18 countries in Europe with food. The OSI Group plans to expand the company’s production capacity and increase its sales. The OSI Group has continued to expand by purchasing Flagship Europe. The company provides frozen poultry, condiments and pies to homes and businesses in Spain, Germany and all over Europe. The OSI Group’s goal is to find more business opportunities for Flagship Europe in many other places on the European continent. Under the effective, proven leadership of the OSI Group, it is easy to see Flagship Europe growing exponentially.
The OSI Group continues to expand its presence in the U.S. as well. The company recently purchased a Chicago-based food processing plant formally owned by Tyson Foods. That saved over 500 jobs in the local community and give the OSI Group more production options. It’s this type of innovative leadership that has helped the OSI Group to remain atop of its industry for so many decades. Even in the midst of international economic turmoil, the company has continued to grow and expand through careful product management, visionary leadership and precise marketing.
The OSI Group meets the needs of consumers worldwide with widely divergent culturally dependent tastes. They also ensure product safety and quality by using state-of-the-art manufacturing facilities and technologies.
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