• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

3

The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

3

The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
SuccessLeadership

In-N-Out’s billionaire heiress is quitting California because it’s too difficult to raise kids and do business

Eleanor Pringle
By
Eleanor Pringle
Eleanor Pringle
Senior Reporter, Economics and Markets
Down Arrow Button Icon
Eleanor Pringle
By
Eleanor Pringle
Eleanor Pringle
Senior Reporter, Economics and Markets
Down Arrow Button Icon
July 21, 2025, 6:43 AM ET
Lynsi Snyder, president of In-N-Out pictured in 2013
Lynsi Snyder, president and owner of In-N-Out, wanted to earn her stripes at the burger chain.Leonard Ortiz—Digital First Media/Orange County Register/Getty Images
  • In-N-Out CEO Lynsi Snyder is relocating from California to Tennessee as the company builds an eastern territory office, signaling a cautious expansion. While reaffirming In-N-Out’s California roots, Snyder cited family and business pressures in the state and teased future growth from Texas into nearby states—though East Coast fans will still have to wait.

Lynsi Snyder is a born and bred Californian, and makes no secret of her love for the state where her grandparents founded cult burger empire In-N-Out. But the CEO revealed she is leaving the Golden State for Tennessee, where the company is building a new eastern territory office, teasing a potential push to expand even further across the U.S.

Recommended Video

Snyder took over the West Coast chain at the age of 27, following in the footsteps of her grandfather, father and uncle who led the business prior to her succession.

Having grown up in Northern California, Snyder recounted in a recent episode of the ‘Relatable’ podcast how she worked her way up the ranks of the business, from toiling away in stores to helping her grandmother with community work, to running the business’s merchandising branch.

Now at the helm of the business with a net worth of $7.3 billion, Snyder is expanding In-N-Out into new pastures and wants her family to benefit from the change too.

She explained: “We’re building an office in in Franklin … I’m actually moving out there. I really loved living in Northern California and I’m so thankful that I grew up there because I think it changed a lot of who I am today, I think I would be different if I was raised in Southern California.

“There’s a lot of great things about California, but raising a family is not easy here. Doing business is not easy here. The bulk of our stores are still going to be here in California, but it will be wonderful having an office … growing out there.”

Regarding the difficulty of doing business, In-N-Out has rankled with its home state over legal issues in the past—namely, when the business refused to comply with officials and request customers must show proof of vaccination to make purchases.

In-N-Out’s San Francisco restaurant was shut down for a couple of days, with Snyder saying: “There were so many pressures and hoops we were having to jump through. You know: ‘You’ve got to do this, they have to wear a mask, you have to put this plastic thing up between us and out customers.’

“It was really terrible, I look back and I’m like man, maybe we should have just pushed even harder on some of that stuff and dealt with all the legal backlash. But that was definitely where we held the line, like we’re not policing our customers.”

Likewise, last year, the company told local station KTVU it had raised its prices—a move Snyder has historically fought against—to comply with the state’s fast food minimum wage rules and maintain quality.

Commitment to Cali

But In-N-Out’s commitment to California as its western hub remains clear, with Snyder saying over the next five years the company’s two sites in Irvine and Baldwin Park (where its first restaurant opened in 1948) would be consolidated under one roof—the latter site.

The entrepreneur and mom of four explained that her uncle, Rich Snyder, opened the Irvine site when he was leading the business in the 1980s and 90s. However, when he died in a plane crash in 1993 Snyder’s father, Guy, took over running the company.

However, Snyder’s father died in 1999, leaving Lynsi—at the age of 17—the last of her family custodian of the empire.

Snyder explained her dad felt Irvine was not the “roots” of In-N-Out, adding: “He wanted to move everyone back to Baldwin Park so we kind of did a hybrid. He moved a lot of people back to Baldwin Park, but Irvine continued on and continued to grow. And my dad died a handful of years later, so he never got to bring everyone back here and close Irvine.

“So my vision for a long time has been to have these two offices under one roof.”

Expansion plans

In-N-Out has become a pillar of the West Coast lifestyle, and it is beloved by celebrities for a post-Oscar meal. But while its geographical exclusivity has won it visiting customers, the brand has been slowly creeping East.

For example, In-N-Out now has 43 stores in Texas and 13 in Colorado.

It’s unlikely the chain will ever make the decision to expand coast to coast fully, but Snyder teased: “Florida has begged us and we’re still saying no, the East Coast states we’re still saying no.

“We’re able to reach Tennessee from our Texas warehouse—we’re not putting out whole meat facility, we do our own beef, send it to our stores to make patties—we’re not going to have that there. We will have a warehouse … so we’ll be able to deliver from Texas.

“Texas can reach some other states.”

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
Eleanor Pringle
By Eleanor PringleSenior Reporter, Economics and Markets
LinkedIn icon

Eleanor Pringle is an award-winning senior reporter at Fortune covering news, the economy, and personal finance. Eleanor previously worked as a business correspondent and news editor in regional news in the U.K. She completed her journalism training with the Press Association after earning a degree from the University of East Anglia.

See full bioRight Arrow Button Icon

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Success

dimon
SuccessGen Z
Jamie Dimon tells Gen Z to ‘learn how to think, learn how to earn respect’ as he describes ‘great meeting’ with Zohran Mamdani
By Nick LichtenbergMay 29, 2026
12 minutes ago
Conan O'Brien holds up a Harvard sports sweater given to him after he delivered the commencement address at Harvard University
SuccessCareers
Conan O’Brien tells Harvard graduates to play down their $250K Ivy League degree—and instead embrace being humble and ‘bad at things’
By Preston ForeMay 29, 2026
22 minutes ago
Lisa Su, CEO of AMD
SuccessJobs
AMD CEO Lisa Su tells grads they shape the future, not AI—and the world doesn’t just need ‘people who know how to use powerful tools’
By Emma BurleighMay 29, 2026
34 minutes ago
National Spelling Bee champion Shrey Parikh spells 32 words correctly in 90 seconds to win in lightning round tie-breaker
Successteenagers
National Spelling Bee champion Shrey Parikh spells 32 words correctly in 90 seconds to win in lightning round tie-breaker
By The Associated Press and Ben NuckolsMay 29, 2026
3 hours ago
conan
North AmericaEducation
Conan O’Brien’s advice to Harvard grads is to forget Harvard as soon as they can
By Michael Casey and The Associated PressMay 29, 2026
4 hours ago
lentz
CommentaryCareers
I built a Fortune 1000 career most people wouldn’t walk away from. Then I did
By Christine LentzMay 29, 2026
5 hours ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
8 days ago
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
Magazine
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
By Emma HinchliffeMay 27, 2026
2 days ago
The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
Environment
The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
By Dorany Pineda, Brittany Peterson and The Associated PressMay 27, 2026
2 days ago
Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
Banking
Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
By Nick LichtenbergMay 27, 2026
2 days ago
Current price of oil as of May 28, 2026
Personal Finance
Current price of oil as of May 28, 2026
By Joseph HostetlerMay 28, 2026
1 day ago
As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales
Success
As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales
By Emma BurleighMay 28, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.