Frito-Lay is a manufacturing company focusing on snack food production, distribution, and marketing. Known for its popular brands such as Fritos, Lay’s, Doritos, Cheetos, and Tostitos, this snack giant was founded in 1932 by C.E. Doolin. It later merged with H.W. Lay & Company in 1961 to form Frito-Lay, Inc., and subsequently became a part of PepsiCo in 1965 after merging with Pepsi-Cola Company. Today, Frito Lay operates as a key business unit and a wholly-owned subsidiary of PepsiCo.
Headquartered in Plano, Texas, Frito Lay employs a diverse workforce of 166 individuals and generates an impressive annual revenue of $15.8 billion. Under the leadership of CEO Steven Williams, the company continues to dominate the snack food industry and maintain high employee satisfaction. With an average annual salary of $42,804, Frito Lay employees tend to stay with the company for an average of 5.8 years, showcasing the company's commitment to a positive working environment and career growth opportunities.