Dr Peter Schiefer acquired Wolffkran in 2005 from MAN and developed it into a global player. He stepped down as CEO in 2019 and is now returning to the role

Effective April 1, 2026, Dr. Peter Schiefer, delegate of the board of directors, will assume the role of group CEO at tower crane manufacturer Wolffkran. Current CEO Duncan Salt will step down from his position but continue to support the company as regional CEO and board member Middle East and APAC.

Wolffkran says the change in leadership structure is part of its international expansion strategy which has enabled the company to expand its global footprint and more than double its revenue over the last ten years.

Dr. Peter Schiefer returns to the group CEO position – as he previously held the role from 2005 to 2019.

Duncan Salt will be stepping back from his global responsibility to focus on targeted development in our emerging markets, says Wolffkran.

Duncan Salt will focus on targeted development in emerging markets

“We are convinced that this is the right step to position our leadership for the future,” says Dr. Peter Schiefer. “With Duncan Salt we are placing an industry expert in a role where his expertise will have the greatest impact. Together, we successfully entered the Saudi market, and we will continue along this path of growth.”