OSI Industries is a company that deals with food production. This company has done a significant job of bringing processed foods to the people. The company has been operating for a long time. Its history goes back to 1909 when it was started by a German immigrant known as Otto Kolschoswsky. Today, OSI is one of the leading businesses in the world. The Forbes ranks it among the top 100 companies with a net worth of $6.1 billion. The leadership of this company has also contributed to the success we see today. The CEO Sheldon Lavin has done a great job of trying to bring order in the company.
The growth of OSI Industries has not been in easy. For a business that has existed for over 100 years, it is never easy dealing with the numerous challenges that businesses encounter. The company has managed to beat all the challenges and emerged victoriously. Otto brought his two sons in the management of this business and renamed it to Otto & Sons. It retained the name until 1975 when it adopted the current name. As Otto & Sons, it was operating as a family business. The family was dedicated to the business, and it is their work which did much of the growth that happened in the better part of the past century. In fact, the current leadership took over from what had been created by this family. So, their role in the growth of the company cannot be ignored.
Change of name and the impact
When Otto & Sons brought Sheldon Lavin into the company, there was an overhaul of so many aspects of the business, one of them being the name. The company also started rapid expansion under the new leadership, Mr. Lavin is an experienced and brilliant manager who knew how to make any business to develop. With his entry into this company, things have never been the same again. He transformed OSI Industries giving it an international reputation. He was promoted to the position of Chairman and CEO to ensure that the operations of the company were going on well.
There are changes that Sheldon Lavin has carried out in OSI Industries all through. In the initial stages after taking over the leadership, he made sure that there were significant changes such as introducing a new development path. The company had only one client and needed to change that for further transformation in the company.