Recode Decode, Hosted By Kara Swisher

How arson led to a culture reboot at Traeger, with CEO Jeremy Andrus

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Synopsis

Happy Fourth of July to our listeners in the States. Decoder is only a year old, but we’ve decided a Decoder tradition is that every summer, we’re going to do an episode about the outdoor grill industry, which is gigantic and growing. Last year, I talked to Roger Dahle, the CEO of Blackstone Products, a griddle company that blew up on TikTok and actually went public a few months after we talked. This year, I’m talking to Jeremy Andrus, the CEO of Traeger, which makes beloved wood pellet smokers with all sorts of features — the high-end models even have cloud connectivity so you can control them from your phone. Traeger also recently went public; the company says it will book between $800–850 million in revenue this year. The Traeger story is fascinating: the company was around for 27 years and not growing very much when Jeremy bought it with the help of a private equity firm and became the CEO. He had no background in cooking; he had previously been CEO of Skullcandy, the headphone brand. His early run as CEO