Clemens Maier Ravensburger Heir Takes Over

Clemens Maier, the great grandson of Ravensburger founder Otto Maier, will take the helm as chief executive of Europe’s jigsaw puzzle market leader in April.
As one of the three members of Ravensburger’s board, Mr. Maier has been running the company’s publishing house and the leisure division since 2011.

Ravensburger, Europe’s largest jigsaw puzzle maker, is getting a new boss. The supervisory board appointed Clemens Maier as the puzzle maker’s new chief executive on Thursday, effective on April 1.

Mr. Maier will succeed former board chairman Karsten Schmidt, who will leave the company after 15 years at the age of 60.

Ravensburger is a family affair: The toy and parlor game maker was established in 1883 by Otto Maier, the upcoming CEO’s great-grandfather. The last member of the founding dynasty at the helm of the company was Mr. Maier’s aunt, Dorothee Hess-Maier, who was the company’s boss until 2000.

Mr. Maier, 45, started working in 1997 for the Nickelodeon cable TV network in London. He joined Ravensburger in 2005 and was promoted to the board six years later, where he oversaw the acquisitions of Wonder Forge in the U.S. and Brio in Sweden.

Under outgoing CEO Mr. Schmidt, the company’s sales grew from €288 million to €444 million in 2015. The company has 2,000 employees worldwide, half of which are based in its historical headquarters in Ravensburg, a town in southern Germany.