Mattel the world's second largest toy maker in terms of revenue, after The Lego Group. In 2014, it ranked #403 on the Fortune 500 list. On January 17, 2017, Mattel named former Google executive Margo Georgiadis as CEO. Georgiadis stepped down as CEO of Mattel on April 19, 2018. Her last day was on April 26, 2018. Ynon Kreiz is now the new CEO of Mattel. The name Mattel is a portmanteau of Harold "Matt" Matson and Elliot Handler, the company's founders. Harold "Matt" Matson and Elliot Handler founded "Mattel" in 1945. The company sold picture frames, and later dollhouse furniture.
Tegu (toy company) March 2007. Will Haughey graduated from Indiana University’s Kelley School of Business in 2004 and began working at Goldman Sachs. After success in the investment banking field, he joined Tegu full time in May 2008. Tegu blocks are the first magnetic wooden blocks on the market and are manufactured using Huesito, Mahogany, Beech, and Primavera woods. The company name is derived from Honduras’ capital, Tegucigalpa. Tegu (toy company) Tegu is a toy company based in Honduras and the United States that sells magnetic wooden toy blocks. The company was founded in 2006 by Chris Haughey and Will Haughey. The company