An Insight Into The OSI Group

The OSI Group is a company from Illinois specializing in the production and retail of food products. Some these products include dough products, vegetable products, fish products and poultry product. The OSI Group also specializes in pork products, hot dogs, bacon and meat patties.

These products are sold across the globe as the company has over 70 plants in more than 15 nations. Some of the countries where the OSI markets its products include Australia, United Kingdom, Germany, Netherlands, China, and Japan. In the United States alone, the company has plants in Oakland, Iowa, Fort Atkinson, Wisconsin, West Jordan Utah and Riverside, California.

In the past 30 years, the OSI Group has managed to expand through mergers and acquisitions. Recent companies that have being acquired by the company are Tyson Foods and Baho Foods. Tyson Food was an American based firm while Baho Foods was a European based firm. As for Tyson Foods, the deal was worth $ 7.4 million. However, the financial details of Baho Foods acquisition were not revealed. The only common thing about these two deals is that the employees of these two companies retained their jobs. The executives were also integrated with executives from the OSI Group.

The OSI Group has a rich history. The firm was established in the year 1909 by a German Immigrant as a family meat market. Later on, this business expanded to become a wholesale meat trade company. In the early 1970s, the OSI Group struck a deal with McDonald’s to become their sole meat supplier. At the same time, the firm was acquired by Sheldon Lavin who maintains the position of chief executive officer to date. The president of the OSI Group is David McDonald. The OSI Group thrives on two principles. For a company to be successful on the international market, it should understand the culture of that nation and follow government regulations.

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The Unseen Work of Anthony Petrello

Usually if someone mentions Anthony Petrello in the Houston, TX community, the first thing that comes to mind is his work in the oil drilling industry and the millions he has made in that line of work. But Anthony Petrello has an even bigger passion that he’s driven by at the Texas Children’s Hospital, some work that is unseen by most of the business community. Petrello is on the Board of Trustees there thanks to $7 million that he’s given to the Dan & Jan Duncan Neurological Research Institute there. He was motivated to be a part of this philanthropy because of his daughter Carena who has cerebral palsy. She has battled with this illness since infancy, and Petrello has been driven by his love for family to help find a cure one day. The Petrellos and the Duncans have become great friends whose enthusiasm for healthcare philanthropy has started to become noticed in Houston.

Anthony Petrello is the current Chairman and CEO of Nabors Industries where he has been leading the company in financial and technological endeavors for the past 26 years. He’s responsible for strategic planning and seeing the rollout of new investments and partnerships at Nabors. Nabors Industries has built one of the world’s largest fleet of land-based rigs and has invested a great deal into offshore modular rigs. Petrello’s work has certainly earned a large compensation including $68 million in the year 2013 that made him the highest-paid executive that year and learn more about Anthony.

Anthony Petrello has gone a long way in his career due to his ability to solve problems and guide the turbulence of financial regulations. His problem solving really began back in his high school days when mathematics was his passion. His gift at solving math problems earned him acceptance into Yale University where he completed both a bachelor’s and a master’s degree in the field. He went from there to Harvard’s law school and completed a J.D. His expertise was in corporate law and he worked for Baker & McKenzie law firm for 13 years. There he guided clients in tax compliance, business structuring, investment regulations, SEC matters and offshore issues. Nabors Industries chose Petrello to join the company from having known him as an attorney at the firm and more information click here.

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