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/