Leaders, OSI Group

OSI Group Expands Its Operations Nationally and Internationally

OSI Group is a private company based in Aurora, Illinois, USA. The company’s business revolves mainly on the provision of processed foods to the food service and retail industries all over the globe.

In a recent move to cover more territory in Europe OSI Group purchased a dominant supervisory ownership in Baho Food, which is a privately managed Dutch firm that is engaged in meat processing products along with other food products for the retail and food service sector. The merger and control agreement between the OSI Group and Baho Food is still underway.

Baho Food manages facilities in the Netherlands and in Germany together with its other holding companies namely QSmart Life, Bakx Foods, Henri van de Bilt, Vital Convenience, Frischwaren, and Genderland. The cited companies have around 60 years of presence in the industry of convenience snacks and foods along with the retail of deli meats that have been of service to customers covering 18 countries in Europe.

According to David G. McDonald, OSI Group’s Chief Operating Officer and President, the inclusion of Baho Food in OSI’s business in Europe will provide OSI with a larger market share in the European region. He said that Baho’s range of brands and products matches OSI’s present operating assets that enhance its ability to meet the different needs of the company’s clientele.

The Managing Director of Baho Food, John Balvers, will be retained together with his complete managerial team, who will work close closely with the Senior Management Leaders of OSI to develop a future program that will be beneficial for both companies in the long run.

John Balvers said that he is looking forward to working with the OSI Group, since OSI has successfully established a good relationship with its suppliers and customers. The combined assets of the two companies will give both the extraordinary leverage to serve their respective customers along with the capacity to provide more products and services. He added that the merger will hasten the attainment of their objectives and their steady growth for the future.

In conjunction with its procurement of Baho Foods’ s majority shares for management control, the OSI Group also publicly broadcasted its intention to purchase Tyson Foods in Chicago.

Amidst its merger and acquisition plans, OSI’ s main interest is the impact of its operations internationally as it endeavors to retain a viable and progressive relationship with the communities and people it serves within the food retail industry.

Contact OSI Group: www.mapquest.com/us/illinois/osi-industries-llc-7716434

Law, Lawyers New York

Jeremy Goldstein: Man with the Best Plan

When it comes to employee benefits and picking the right compensation method, there’s no one New York corporations trust more than Jeremy Goldstein. Jeremy Goldstein has more than 15 years experience dealing with executive compensation and corporate governance. He’s also a partner at his own law firm, Jeremy L. Goldstein and Associates.

When he’s not working, he’s dedicating his time to local nonprofits. He’s not really into just giving them money; he prefers to actually sit on the board of those charities and offer his support that way. The main charity he works with is called Fountain House, which is dedicated to the recovery of patients with mental illness.

Currently, Jeremy Goldstein spends most of his professional time talking with clients about employee benefits. It’s a sad fact that a lot of corporations have stopped providing stock options. Stock options used to be the number-one benefit that companies offers but not anymore.

This recent change in corporate behavior has to do with companies not wanting to risk their employees’ benefits. Employees also don’t want stock options anymore; they want higher salaries and better insurance coverage. Most companies see no reason not to give them what they want.

Regardless of how people feel about stock options, Jeremy Goldstein recommends that more companies should continue offering them. Stock options come with more advantages than any other form of compensation. Just because they’re also the riskiest doesn’t mean that companies should eliminate them entirely.

Jeremy Goldstein is not saying that every company should provide stock options. Some companies would do better offering some other benefit if they decide to offer benefits at all. Some companies are too small for that at their present size. The only way to know is to talk with an accountant. Learn more: https://www.linkedin.com/in/jeremy-goldstein-26aa1b4

That’s one thing that Jeremy Goldstein and the opposition can agree on; talking to an accountant. Before any company makes a final decision, they should talk with their accountant. If they decide to go with stock options, they’ll need to talk about which stock option is best for them.

There’s more than one type of stock option. Jeremy Goldstein recommends companies look into “knockout” stock options. They come with all the benefits and less risks. Knockout options also prevent people from acting on impulse by not allowing them to cancel the option until the value drops below a certain point.