Sheldon Lavin’s early life was focused on conquering the financial industry. As a young boy, he was enthusiastic and focused on learning how financial institutions worked. He was convinced that his input would helpmany companies succeed. Lavin was dedicated to this dream. His aim to become a financial consultant saw him enroll for an economics degree in campus. Lavin dived straight into the field after his graduation. With dedication, hard work,
and natural talent, the young financial expert soon curved a market for himself. This helped him found his own financial consulting firm. Through the company, he was providing companies with advice on various financial aspects such as loans, structuring, acquisitions, and merger.
In 1970, Mr. Otto approached the financial expert to organized financing for his company, Otto & Sons. The entrepreneur needed the financing to help his company expand its operations and effectively satisfy the needs of McDonald’s Corporation. It had been contracted by the restaurant chain to supply it with hamburgers. Although Sheldon Lavin was reluctant to help the company, Otto convinced him. He then successfully organized the financing for the small firm. McDonald’s Corporation was extremely pleased with his success.
Lavin continued to work closely with the meat processing company. During this period, Otto & Sons enjoyed growth and good returns on their investments. However, the company soon ran into the challenge of handling oversea investments as it expanded together with McDonald’s. The managers at McDonald’s believed that the best way to handle the problem was to bring in Sheldon Lavin into the business. The company managed to convince the financial consultant to join the meat processing company. Lavin joined Otto & Sons as the third partner with Otto’s sons. Otto himself retired from the company. This moved helped the company to have a partner with extensive financial sector knowledge and experience.
Following the new partnership, Otto & Sons changed its name to OSI Group. Under the new brand, the company gained exponential growths. Sheldon Lavin was working towards ensuring the company became global and curved a market share for itself. Over the last 43 years, this dream has seen the company open over 80 facilities in at least 17 countries. This has been accompanied by the growth of employees in OSI Group’s payroll from a few dozens to over 20,000 employees globally.
In early 90s, Sheldon Lavin decided to push towards taking total control of the company. He managed to negotiate a deal with Otto’s two sons who sold their shares to the financial expert. With 100% control of the company, the Chief Executive Officer was now in the position to implement his global expansion plan fully. Total control also meant his ideas could be implemented much faster than ever before. Following his success at OSI Group, Sheldon Lavin has received several awards. One of these is the Global Visionary Award he was awarded by India’s vision World Academy in 2016. The award honored his visionary leadership at OSI.
Learn More: www.crunchbase.com/person/sheldon-lavin