An Exclusive Conversation with Maximilian Riedel, CEO and President of Riedel, by Liz Palmer

I am thrilled to conduct an in-person interview with Maximilian Riedel, the visionary CEO and President of Riedel, a company renowned globally for its innovative and high-quality glassware. Under Maximilian’s leadership, Riedel has continued to elevate the art of glassmaking, blending tradition with cutting-edge design to enhance our wine and spirits experience. In this exclusive conversation, Maximilian shares insights into the company’s journey, his personal inspirations, and the future of Riedel in the ever-evolving world of glassware craftsmanship. Let us delve into the mind of a leader who is redefining the way we savor our favorite beverages.

Company Vision and Strategy

Riedel has a long and storied history in the glassware industry. How do you balance tradition with innovation in your role as CEO?

“So, obviously, tradition is for me an orientation, but I see it in my back mirror, and sometimes it’s good and advisable to look into the back mirror, but it should never interfere with the cause of an entrepreneur.

We are in the present, we’re working for the future, and sometimes you also have to break with tradition to bring forward newness and excitement, and that’s exactly what I have been doing over the last 10 to 20 years.

So, I feel like I am in the midst, and I’m doing a good job in balancing them both.”

Product Development and Innovation

How does Riedel approach sustainability and environmental responsibility in its manufacturing processes?

“For us, this, of course, is a very important subject, especially since we live off raw materials, which are natural.

Lately, very challenging for any manufacturer in Europe because the cost for energy and raw materials has gone through the roof, and it’s challenging for us right now.”

Are there any upcoming products or innovations that you are particularly excited about?

“Always, but we remain creative, and every year we bring forward newness, and invest in our technology which allows us to bring forward products which are very unique to the market.”

Market and Industry Trends

How do you see the global market for luxury glassware evolving in the next 5 to 10 years?

“Amazing. I think we have not seen so much development like we did in the past 10 years.

Sadly, it’s coming to a halt because the wine industry is not booming anymore, and because of that, it’s a little bit challenging also for us as glassmakers because we are so connected.”

Personal Insights and Experiences

Growing up in a family business, what are some key lessons you learned from your father and mother?

“From my father and mother …everything, everything.

I’m in the business because of them.

They made it so exciting and so attractive to me that I wanted to join ever since, and the reason why I’m here is because of my parents.”

What motivates you both personally and professionally?

“Well, I’m living the dream.

I mean, who does not want to deal with wine and food and glass every day. I get to travel the world…. I get to meet very interesting people.

Also, thanks to social media, in my little environment, I’ve become a celebrity because of my passion for what I do.”

Future Outlook

What partnerships or collaborations are you currently exploring to expand Riedel’s reach and influence?

“Well, obviously we have a lot of partnerships with wine and champagne houses, but I think we need to look outside of that because we learned from Tiffany and other companies… right now partnerships with other companies, with other brands can be of great benefit so, we’re seeking for that.”

Maximilian Riedel’s Favorites

Let’s dive in and learn about your favorites.

What is your favorite Riedel Collection and why?

“I don’t have one because I love them all, otherwise I would discontinue them. I love them because of what they stand for and whatever comes handy, I use.”

What is your Favorite Decanter and why?

“Definitely the Ridel Eve Decanter, it’s one of many designs that I created… it’s my favorite.”

What is your favorite wine (if you had to choose one) and why?

“Don’t have one….It depends on the situation, depends on the momentum, depends on the people I’m with.

But, if it comes to champagne, I grew up with Dom Pérignon, and for sure it’s a wine I would look at.”

And lastly, my most important question [I also love vintage cars especially sport cars]…whilst your passion for wine runs deep, so does your love for collecting and driving your vintage sports cars on the track, through vineyards and through the European countryside, which car do you favour overall to drive through the vineyards?

Well, it’s similar to wine. I’m fortunate to have a few cars, and it’s also about the situation and the momentum. Cars are like beautiful pairs of shoes. You have one for every occasion, or you should have. I definitely have a passion for Porsche cars, and vintage Porsches with their air-cooled sound it’s very special.”

Georg J. Riedel Honoured by Wine Spectator Magazine

10TH GENERATION GLASSMAKER ACKNOWLEDGED FOR “DISTINGUISHED SERVICE”

Writing in Wine Spectator, News Editor Mitch Frank states how Georg Riedel “revolutionized how we drink wine by spreading the gospel of his family’s wine glasses”. Georg educated tens of thousands of wine drinkers on the benefits of varietal-specific glassware and brought financial stability to the company in the 1980s through savvy business development and an evangelist’s approach to marketing his products.

“I am sincerely grateful to Wine Spectator for offering me this outstanding reward and it is an honor to be named in line with the most respected personalities of the wine and food industry,” says Riedel. “I am not the first Austrian, but the first glassmaker to be called to the Wine Spectator Olympus, and am very proud to share the honor with my team and family.”

Riedel follows luminaries of the global wine community in his receipt of the award and stands apart as the first glassmaker to receive the accolade. Past honorees include Julia Child, Robert Mondavi, Christian Moueix, Angelo Gaja, Francis Ford Coppola, Andre Tchelistcheff, fellow Austrian Wolfgang Puck, and Californian Governor Gavin Newsom – larger-than-life personalities whose contributions to the wine and culinary world are innumerable.

The Riedel family’s business began in 1756 when Johann Leopold Riedel (3rd generation) founded a glass factory in Bohemia (in what is today’s Czech Republic). In 1945, the successful family business came to an abrupt end due to World War II, when all German possessions were nationalized and German-speaking people expatriated.

In 1956, some two hundred years after the first factory was opened, Walter Riedel (8th generation) and Claus Riedel (9th generation) were offered the unique opportunity to take over the bankrupt glass factory Tiroler Glashütte in Kufstein, Austria. It was in this new period that Claus Riedel became known as the first glass designer to create wine-friendly glassware. His designs were launched from the 1950s to the 1970s, and continue to have a major impact on today’s universally known glass shapes.

Georg Riedel (10th generation, born 1949) joined the family business in 1973 as the company’s accountant. At an early stage, he became passionate about wine and how glass shapes profoundly influence the perception of wine’s aromas and flavors. Gifted with fine senses and supported with strong commercial talents, he quickly took over the company’s direction, developing varietal specific glassware.

At the same time, a New World wine boom created new demand and highlighted new wines of classic varietals grown on foreign soils. The launch of Riedel’s first machine-made line, VINUM – the perfect wine glass at a popular price level – built the foundation for a solid future for the company.

Georg opened his first subsidiary as importer and distributor in the USA in 1979 and have since opened eight more around the globe including China, Japan, and Australia. He was the first to approach wine distributors to represent the Riedel brand, which grew the company’s presence around the world to over 100 countries. As a shrewd businessman, without bank loans and using accumulated company cash, Riedel acquired the then much larger glass companies Nachtmann and Spiegelau in 2004. With this takeover came the opportunity for Riedel to produce all glasses in the company’s own factories.

Today, Georg’s children Laetizia, a solicitor and Maximilian, the current CEO, are the Riedel team members responsible for directing and guiding the family business as the 11th generation.

Source: Riedel, Austria