Early in his career, Sheldon Lavin’s focused on the competitive financial industry. As a young boy, he was enthusiastic of how financial institutions worked and knew his input would help many companies to succeed. Lavin zeroed in on living dream. He pursued an economics degree and started his career as a financial consultant straight from campus. With dedication, hard work and natural talent, the young financial expert soon curved a niche for himself and founded his own financial consulting firm. Through the company, he was able to provide companies with advice on various financial aspects such as loans, restructuring, and merger and acquisition.
In 1970, Otto approached the financial expert to organize financing for his company, Otto & Sons. The entrepreneur needed the financing to help his company expand operations to satisfy McDonald’s utility. The company had been contracted by the restaurant chain to supply it with hamburgers. Although Lavin was reluctant to help the company, Otto convinced him to organize the financing. McDonald’s Corporation was extremely pleased with his contribution.
Lavin continued to work closely with the meat processing company. During the period, Otto & Sons enjoyed impressive growth and good returns on their investments. However, the company soon ran into the challenge of handling overseas investments, as it expanded with the growth of McDonald’s. The managers at McDonald’s believed that the best way to solve the challenge 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 after Otto retired from the company. This move helped the company to have a partner with extensive experience and knowledge in the financial sector.
Following the new partnership, Otto & Sons changed its name to OSI Group. Under the new brand, the company gained exponential growth. Lavin was working towards expanding the operations of the company in the international market. In the last 43 years, the company has opened over 80 facilities in at least 17 countries. In addition, the company has increased its employees from a dozen to over 20,000 globally.
In early 90s, Sheldon Lavin decided to push towards taking total control of the company. He managed to negotiate a deal with the two sons of Otto’s who sold their shares to him. With 100 percent control of the company, the chief executive officer was now in the position to implement his global expansion plan fully. Total control also meant that he could implement his ideas faster than ever before. Following his success at OSI Group, Sheldon Lavin has received several awards. One of them is the Global Visionary Award that he received from India’s Vision World Academy in 2016. The award sought to recognize his visionary leadership at OSI Group.
Sheldon Lavin’s Social Media: www.facebook.com/public/Sheldon-Lavin