Sheldon Lavin Led OSI Group To International Success

Sheldon Lavin was originally an investment banker before getting involved in the food manufacturing industry. He had his own consulting firm and worked as an executive. Lavin was offered the opportunity to get involved in a new venture when the bank suggested that he come in as a consultant between Otto and Sons and the McDonald’s Corporation. The McDonald’s Corporation had discovered Otto and Sons when it was planning to move its restaurant enterprise into the Illinois area. Ray Kroc needed a meat distributor that he could trust and chose the family-owned business for the job. Otto and Sons more than lived up to the responsibility. They eventually were selected to be the sole provider of meat to the entire McDonald’s Corporation.

Otto and Sons needed to build a new meat manufacturing plant to accommodate the arrangement with McDonald’s. Sheldon Lavin came in as a consultant to bring the two organizations together. Over time Lavin’s role grew and he was asked to be in the situation on a full-time basis by executives at McDonald’s. Lavin agreed to come in as a partner. As the original founders settled it to retirement Lavin became the leader of the entire organization. By the 1960’s Sheldon Lavin was making international investments with OSI Group. The company spread is interest throughout the Americas, Asia-pacific and eventually into Europe. OSI Group’s latest merger took place in Australia where they acquired the country’s largest food manufacturing distributor.

Sheldon Lavin believes in growth and has built OSI up to a worldwide organization with more than 20,000 employees. OSI has a very definitive process when it comes to hiring personnel. Lavin believes in bringing in the type of people who belong with the company. This is why OSI Group has a very low turnover rate. It is a statistic that Lavin is extremely proud of. Sheldon Lavin has been recognized by various organizations for his international leadership. He was presented with the Global Visionary Award by India’s Vision World Academy. Lavin also takes his philanthropic work very seriously and believes that companies should be involved in their communities.

Meet David Zalik, the GreenSky Credit Co-Founder

GreenSky Credit deals with online loan brokerage services. It functions as a third-party programs administer and service provider for state and federally chartered banks that offer consumer loans. The company enables financial organizations to give advances to their customers.

GreenSky has advance programs for furniture retailers, home improvement merchants, and elective medical contractors. It provides revolving credit products and installment loans. Its services are ideal for small, medium, and large consumers and enterprises. The organization operates from Atlanta, Georgia as a GS Holdings LLC subsidiary.

GreenSky Foundation

David Zalik determination and connections with potential clients led to the establishment of the loan company. Zalik and Robert Sheft paired to aid small businesses provide instant financing to customers. They first targeted the local contractors for their packages.

Zalik used loans and investors like Nigel Morris to finance GreenSky Credit. Mr. Morris helped GreenSky connect with consumers from other regions. In 2016, Fifth Third was another investor who helped the company raises the needed operational funds. Zalik has transferred the executive offices to a multistory building across town. The organization continues to adhere to its culture even after the move.

About David Zalik

David Zalik is the CEO and Co-Founder of GreenSky Credit. He also serves as chair of the board of directors and chief executive officer of its Financial department. In 1999, Zalik established MicroTech Information Systems while in Auburn University. He was among the founders who started The Resource Institute, The Rockbridge Commercial Bank, and Phoenix, LLC.

Mr. David Zalik worked at RockBridge Commercial Bank as a director. He was a board member of Hands on Atlanta, Marcus Community Center, and Jewish Federation of Greater Atlanta. Zalik won the Catalyst Entrepreneur of the Year title in 2003, Abe Schwartz Young Leadership Award in 2000, and EY Entrepreneur Of The Year in 2016.

The 43-year-old entrepreneur uses his skills and experience to run the online loan entity. GreenSky Credit approves unsecured loans to clients with passable FICO scores. It implements a model that transfers work, risk, and profits to other parties. The entity contractors market the credit products to homeowners and pay GreenSky six percent of the loan amount.

 

https://www.greenskycredit.com/company/