Sheldon Lavin is the Chairman and Chief Executive Officer of OSI Group, having ties with the company that date back to the 1970s. OSI is a giant in the food processing industry, having a rich history of more than a century, 20,000 employees worldwide and over 65 facilities in 17 countries. In 2016 Forbes ranked OSI as the 58th largest private company, having a net worth of $6.1 billion.
In 1970, Sheldon Lavin was an investment manager and bank executive, and played a key role in arranging the financing for OSI, who was seeking funds in order to carry out their expansion plans. His role with the company continued to grow, and in 1975 when the company sought international investment funds in order to further their expansion overseas, Lavin was made partner. McDonald’s, OSI primary client at the time, was ready to expand aggressively overseas, and wanted some who they can trust guiding their key supplier. As a result Sheldon Lavin became the CEO and Chairman of OSI.
Under his leadership, OSI made a commitment to sustainable food production. The company has been willing to take on risk in order to take advantage of the new technologies, in an effort to create more sustainability when it comes to their operations and those of its suppliers. In the past decade, Sheldon Lavin made sure that the company’s pursuit of sustainability strategies is also supported by research and development efforts. OSI created 2 Culinary Innovation Centers, and a separate R&D Center. The facilities play a key role in the development of new techniques that will lessen the impact that OSI’s operations have on the environment.
As a result of their work, OSI and Sheldon Lavin earned numerous awards for their efforts. In 2016, Lavin won the Global Visionary Award from Vision World Academy, an award which recognizes individuals who show perseverance when it comes to pursuing and achieving their goals. Lavin became the recipient of the prestigious award as a result of guiding the transition from Otto & Sons to OSI Group, turning the company from a regional business to a global entity.
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About Marc Beer
Marc Beer stands as one of the most experienced entrepreneurs and commercial agent in the medical industry. He has extensive knowledge and experience in developing new technological devices that are used in making health care sector better and efficient. Having worked in the medical industry for more than twenty-five years, Marc is highly informed of the problems facing the sector and the necessary innovations that can provide a quick turnaround. Follow Marc Beer on LinkedIn