For the first phase of his professional career, Sheldon Lavin was an investor and banking executive. When he took over at OSI Group in the mid-70s he transitioned to working as an executive in the food industry. This proved to be a great match and he has greatly expanded this company’s operations and reach from where they were when he started. He is the owner and chief executive of this business, one that has been around since 1909.
Back when this company was started by Otto Kolschowsky it was a Chicago meat market and butcher shop. Over time it expanded into being a wholesaler and then in 1955 it was chosen to be the supplier of fresh ground beef to the very first McDonald’s franchise. As McDonald’s rapidly expanded OSI Group made it increasingly its focus to supply beef to this burgeoning fast-food chain.
Sheldon Lavin prioritizes sustainability, food safety, and green practices. He has grown OSI Group into a multinational business that now has many customers around the globe. Two of the ways he has grown this company are through acquiring some businesses and by partnering with others. He has forged joint ventures in Canada, Germany, and the United Kingdom. In the UK, for instance, he formed a joint venture with Pickstock. This deal meant both parties benefited as OSI Group was able to grow its European beef distribution network while Pickstock was able to expand its own network as well.
He has also greatly expanded the number of food processing facilities OSI Group has. Sheldon Lavin recently bought a food processing plant in Chicago, for instance, from Tyson Foods for $7.4 million. This was a good deal for OSI Group because this plant is located near other facilities that OSI Group has in the Chicago area.
Despite now being 85-years-old Sheldon Lavin has no plans to slow down anytime soon. He continues to put in place measures at OSI Group that reduce the impact Sheldon Lavin’s company’s activities have on the environment. He also works to make sure his company’s supply chain is sustainable and chooses to donate money to a variety of good causes around the world.
Sheldon Lavin info: inspirery.com/sheldon-lavin/
There are many businesses who get their start online these days. However, not many of them find themselves being successful in their endeavors. However, this is far from the truth for GreenSky Credit. This company has quickly and out of the public eye became a financial giant in the world of finance and loans. They are a recently public company that facilitates loans for customers who apply for funding through their company app. The app can be downloaded onto your smartphone device and allows you to apply for funding for a variety of projects for home improvements.
GreenSky Credit was founded more than 12 years ago and is based out of Atlanta, Georgia. Going public has turned out to be a good decision for the company. They had originally expected to see at least 34 million shares sold at first. However, the first week saw the sale of stocks rise much faster than anticipated.
GreenSky Credit was very pleased to have raised more than $800 million by just going public. They have big plans for the raised funds and one plan is to allow the investors and the company’s management team to be able to take some of their chips off of the table. The company has been being steadily built for more than a decade and the original founding team still held a small portion of the value of the company ownership. The CEO of GreenSky Credit David Zalik, told interviewers that until now he has held a majority of the ownership in the company.
Zalik came to this country with his parents at age four from Israel. He was just 14 years old when he started his very first business of purchasing computer parts and then assembling them by himself in school. He never even attended high school and then dropped out of college in order to devote all of his time to growing his small computer business. He had never thought in a million years that he would one day become the CEO of a large public-funded company. He had spent much of his adulthood keeping to himself while he privately grew his company.
Fortress Investment Group was the first sizable private equity firm to list on the New York Stock Exchange, and its prosperity has brought it international popularity. Renowned business leader and President of Fortress, Peter Briger, is considered a key contributor to this success. He has also been listed in top 400 business professionals worldwide by Forbes.
Peter Briger acquired his bachelor’s degree from Princeton and a master of business administration from the University of Pennsylvania Wharton School of Business. He then began his career at Goldman Sachs working various management, operational and leadership roles. Briger gained immense experience at the investment banking company and developed skills in distress debt, real estate, foreign investments, loans, and trading. In his 15 years there, he attended the Global Control & Compliance, the Asian Management Committee and the Japan Executive committee which shaped him into a professional leader. His commitment to the company then saw him become a partner where he served till in 2002 when he left to join Fortress as co-CEO.
About Fortress Investment Group
Fortress Investment Group is a universal investment management firm that handles over $43 billion of assets for more than 1750 financiers in hedge funds and private equity. It was founded in 1998 and has its headquarters in New York. It specializes in: operations management, asset-based investing, capital markets, corporate mergers and acquisitions, and sector-specific knowledge of companies and institutions.
Peter Briger at Fortress Investment
Peter Briger joined Fortress as a member of the Management Committee in 2002. He leveled up from that position to launch and oversee the Fortress Credit branch which has about 300 employees. Apart from that, he has also served several roles at Fortress Investment Group. He is not only the President but the Principal and Head of Credit and Real Estate Business. Since 2009, Briger has been the co-chairman of the board, and before that, he was serving as Director from 2006. He is based in San Francisco.
Aside from work, Peter Briger is a frequent donor of several charity institutions in the US. He also supports a global fund for children known as Silicon Valley Council. Briger also serves on a nonpartisan organization, Council on Foreign Relations and is a board member for an organization that aids low-income families in San Francisco known as Tipping Point. He has also spent about $600 million in support of the Central Park Conservancy.