Sheldon Lavin was once an investor as well as a banker. He majored mainly in finances during his early years. He owns a financial consulting firm which he started back in the days. While closing deals, he met the Otto & Sons Company whereby he was required to arrange their finances. Little did he know that it would be the beginning of his lifetime career. Otto & Sons is a meat processing company that changed its name to OSI Group. It was started in 1909. It was founded and owned by Otto Kolschowsky a German immigrant. Otto & Sons needed expansion in the meat processing facility for it to be the meat supplier to McDonald’s. For this expansion to take place, they needed help with their finances.
They opted that Sheldon Lavin did their finances. The bank later requested Sheldon Lavin to be part of the company as this would bring more financial input to the company. At first, he declined. After a while, he was ready to join Otto& Sons as a financial consultant. Otto Kolschowsky retired and gave the company to his two sons. It was then that Sheldon Lavin decided to make partner with equal rights as the sons. The company later changed its name to OSI Group. He became the CEO of the company. He was keen on the company’s growth. The company expanded, building more branches across the world. One of the partners sold his shares to Sheldon Lavin.
Later in the years, the other partner decided to drop down as a partner, and it was then that Sheldon gained 100% voting rights. He became the owner of OSI Group. He has ensured that the company was a success all through. He claims that he treats his employees as his own family. By doing so, he has created a long-term relationship with his employees. He urges other business owners to use this skill to maintain a competent workforce and relationship with their employees. He was married, but the wife later passed on. They had three children together. The children are now married with families of their own. Learn More.