
Stacy Madison
Stacy Madison is the founder of Stacy's Pita Chips, a snack brand known for its baked pita chips. She started the company in 1996 with her then-husband Mark Andrus, turning extra pita bread into a grocery staple.
Stacy Madison's Bio
Stacy Madison is the founder of Stacy's Pita Chips, the baked snack brand that transformed leftover pita bread into a grocery staple. Before embarking on her entrepreneurial journey, Madison worked as a social worker at a shelter for homeless pregnant women struggling with drug addiction, earning $22,000 annually. She later moved to Hawaii with then-partner Mark Andrus, where she gained restaurant experience before being abruptly fired. That moment pushed her to work for herself.
Returning to Boston in 1996, Madison and Andrus invested $5,000 in a converted hot dog cart they named Stacy's D'lites, serving pita sandwiches. Rather than discard day-old pita bread, they sliced and baked it into seasoned chips, initially giving them away to customers waiting in line. The chips proved so popular that the side hustle became the main event.
Over nine years, Madison grew the company from a two-person operation with $19,000 in annual revenue to a 300-employee business generating $65 million annually. In 2005, PepsiCo acquired Stacy's Pita Chips for $250 million. Madison describes the sale as bittersweet—the business had begun to run her, and the exit allowed her to travel through Southeast Asia with her twin daughters and best friend for five months.
Today, Madison continues to innovate in the food space with BeBOLD energy bars and serves as spokesperson for the Stacy's Rise Project, which supports aspiring women food entrepreneurs.
Career Timeline
1992 — Social worker at Boston shelter for homeless pregnant women
Worked at a shelter for homeless pregnant women struggling with drug addiction, earning $22,000 annually.
1996 — Founded Stacy's D'lites food cart at Stacy's Pita Chips
Launched a converted hot dog cart in Boston with $5,000 investment, serving pita sandwiches and baking extra pita bread into chips.
1999 — Scaled production with custom conveyor belt oven
Purchased a custom conveyor belt oven, enabling explosive growth and wholesale distribution.
2001 — Reached $1 million in annual revenue
Achieved $1 million in sales, marking a major milestone in the company's growth trajectory.
2005 — Stacy's Pita Chips acquired by PepsiCo
Sold the company to PepsiCo (Frito-Lay) for $243 million; the business had grown to $65 million in annual revenue and 300 employees.
2017 — Launched Stacy's Rise Project
Created a grant, mentorship, and community-building program to support aspiring women food entrepreneurs.
2019 — Founded BeBOLD energy bars
Co-founded with brother David Lowe, launching a line of refrigerated, plant-based, gluten-free energy bars developed from recipes at her juice bar.
