OSI Group Is American Made But International In Scope

When you order up a hot, juicy Big Mac at your local McDonald’s restaurant, you probably don’t give a second thought to where those delicious “two all-beef patties” came from. But chances are they made their way to your table from OSI Industries.

OSI Group is one of the largest providers of processed fresh meats in the world. While it’s a company that’s as American as apple pie, it now commands a major presence around the world. Headquartered in Aurora, Illinois, OSI Group has extended its reach with 65 facilities to operate in 17 countries globally.

OSI is not only one America’s largest privately owned companies, it’s also one of the oldest and established in the United States. It all began in 1909 when German immigrant Otto Kolschowsky set up a humble family meat market in Oak Park, Illinois. By 1917, Otto had expanded his business to serve the wholesale meat trade. The company became Otto & Sons in 1928. Over the previous 20 years, Otto had established a reputation for producing meats of exceptional quality along with high safety and wholesomeness standards.

Today, the OSI Group enjoys revenues of some $6 billion annually, earning it a ranking at #58 of the Forbes largest privately owned companies list — and yet the company has remained essentially family-owned for more than 100 years!

Today OSI Industries is helmed by CEO Sheldon Lavin and President David McDonald. (Note: It’s only a remarkable coincidence that McDonald’s restaurants is among OSI biggest customers and that the company has a president of the same name!)

Both Lavin and McDonald have been instrumental in making OSI Industries a business determined to establish a corporate culture centered on environmental sustainability and energy efficiency.

OSI facilities around the world have won numerous awards for their efforts to adopt practices that leave minimum impact on the environment, and which leave the tiniest carbon footprint possible. The company has been widely recognized for innovating ways to conserve energy on refrigeration, for example, and for usage of minimal amounts of water by installing “low-flow” faucets in all its facilities.

OSI Group has also won uncounted awards for cleanliness, food safety and superior employee relations policies. Both Lavin and McDonald have stated that “a company is only as good as its people,” and it’s those people who drive excellence in a large, international company from the ground up.

OSI Group Info: www.forbes.com/companies/osi-group/

The Background, Upbringings, and Early Career of Tony Petrello

Tony Petrello is formerly one of the highest-paid executives – scratch that, the highest-paid executive in the United States in 2013 – in the entirety of the United States of America. Mr. Petrello currently isn’t paid more than all executives, although he still remains as one of the best paid with more than $15,000,000 in total compensation from data available from the most recent fiscal year.

Mr. Tony Petrello works for Nabors Industries Ltd., an energy giant listed on the Standard & Poor 500 originally founded as Anglo Energy Ltd. in 1968. Mr. Petrello took over as COO and President in 1991, immediately turning around its poor financial performance and translating it to the ultra-high financials of today, including a net income in excess of one billion United States Dollars off of only $2.22 billion, according to financial statements reporting on the fiscal year of 2016.

While Tony Petrello unarguably has an outstanding career, it’s far less clear to most people where he came from, his upbringing, personal life, early education, career, and other business related information. Let’s tear into this information, must-know for every investor and business buff around the United States.

Anthony “Tony” Petrello was born in Newark, New Jersey, to a working-class family. Despite the fact that most executives around the world are born with silver spoons in their mouths, or at least into middle-class families that have it relatively easy, Tony Petrello wasn’t spawned onto our green earth with these privileges.

As soon as Tony was able to read, he started reading academic textbooks at the high school and college level, rapidly boosting his reading level from the youngest age that one can read imaginable.

All his peers, friends, family members, educators – really everybody who knew him or even knew of him – were fully aware of the young Tony Petrello’s ability to work math problems with unmatched accuracy and speed. As a result of these abilities, he was awarded a full scholarship to the ever-prestigious Yale University, where he would later study mathematics for a bachelor’s and master’s degree.

He had a change of heart and decided not to work in mathematics, instead hoping to become a lawyer. Tony went to Harvard Law School and went to work for Baker & McKenzie in New York state. It was here when he met executives at Nabors Industries. 12 years after working for the law firm, Nabors employees finally persuaded him to join their team.