Follow the money is an age-old adage for reporters and businesses alike. The CEO of the internationally-renowned burger joint In-N-Out, however, is taking a different approach – moving her family from California, where the chain boasts 276 locations, to Tennessee, where it has zero.
Billionaire heiress and CEO Lynsi Snyder, granddaughter of In-N-Out’s founders, publicly announced the relocation during a family-and-faith studded conversation on Allie Beth Stuckey’s podcast Relatable. Interview sponsors included an online academy that promises to keep children safe from socialist indoctrination, as well as an anti-abortion diaper company.
Snyder, with a Forbes-estimated net worth of $7.3bn fueled by the California burger chain, said that she sees greener pastures in the Volunteer state, where she plans to beef up the Franklin, Tennessee office. The company’s two major California offices, Irvine and Baldwin Park, will be merged under one roof, with the Irvine office closing by 2030.
“There’s a lot of great things about California, but raising a family is not easy here, doing business is not easy here,” Snyder said.
Snyder also detailed her rise in the company, her journey with Christianity and her past marriages. Faith is prominent not just in Snyder’s personal life, but at In-N-Out as well, with bible verses printed on soda cups and fry bags.
Well-known for its neon palm trees and simple menu, the company has exploded past its California roots, with locations in eight states. It currently has 35 locations planned to open in Tennessee. Snyder, however, said that the company has no current intentions for a major East Coast expansion.
“Florida has begged us and we’re still saying ‘no’, the East Coast states we’re still saying ‘no’,” Snyder said.
