OSI Group is a leading company in the food production business. It has been in the food business for the past one century. The company was created in 1909 as a butcher shop and have been growing steadily over the years to now that it is leading globally. It has taken efforts of the leadership to make a company that can transform the industry finally. OSI Group is now a multi-billion company in the world due to the excellent leadership which has been offered by CEO Sheldon Lavin, the current CEO. He has been with this company for the four decades.
Sheldon Lavin serves as the chairman and CEO of the company, a position he assumed in the 1980s when the company was expanding its operations to various locations around the world. International expansion needed an experienced manager, and Sheldon was the right person to do that since he was experienced in the management of large investment. He was previously working as an investment manager and bank executive before assuming this position. He is the longest serving person in the company. Even after all other players in the company left, he stayed on and is still pushing for growth even now that he is in his twilight years.
Growth before Sheldon Lavin
Before Sheldon Lavin joined OSI Group, the company was known as Otto & Sons, named after the founder and his two sons. The founder was a German immigrant who stayed in Chicago. He created it as a butcher shop, but the business grew into a regional supplier of meat. In the 1950s, that’s when the company took on a different path of growth. The growth was impacted by the creation of McDonald’s chain restaurants. The first restaurant was opened in Illinois, the same location as Otto & Sons.
Otto & Sons was contracted by the McDonald’s as a supplier of meat products. This deal opened opportunities for Otto & Sons which got an avenue to expand its operations all over the country as it followed on the path of McDonald’s which was doing very well shortly after being launched. Otto & Sons would later make an international move based on the same path although at the time it was known as OSI Group. The growth of OSI Group was boosted further by the entry of Sheldon Lavin who was more experienced in the management of businesses. He helped the company in tackling international expansion by facilitating capitalization.