+
WOLFFKRAN Appoints Dr Peter Schiefer as Group CEO
Appointments

WOLFFKRAN Appoints Dr Peter Schiefer as Group CEO

WOLFFKRAN has announced a leadership transition, with Dr. Peter Schiefer set to assume the role of Group CEO effective April 1, 2026.
Dr. Schiefer, currently Delegate of the Board of Directors, previously served as CEO from 2005 to 2019. He will succeed Duncan Salt, who will step down from the global role and transition to Regional CEO and Board Member for the Middle East and APAC region.
The restructuring is aimed at strengthening the company’s leadership in line with its international expansion strategy. Over the past decade, WOLFFKRAN has expanded its global footprint and more than doubled its revenue, evolving into a key global provider of tower cranes and related services.
“We are convinced that this is the right step to position our leadership for the future. 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”, said Dr. Peter Schiefer.
“I am excited to focus even more on the group’s growth markets and establish WOLFFKRAN's global presence in areas of strong construction activity”, added Duncan Salt.
The company has strengthened its presence across key markets including the US, France and the GCC region, with recent expansions in Saudi Arabia. The leadership change is expected to support continued growth across these regions.

WOLFFKRAN has announced a leadership transition, with Dr. Peter Schiefer set to assume the role of Group CEO effective April 1, 2026.Dr. Schiefer, currently Delegate of the Board of Directors, previously served as CEO from 2005 to 2019. He will succeed Duncan Salt, who will step down from the global role and transition to Regional CEO and Board Member for the Middle East and APAC region.The restructuring is aimed at strengthening the company’s leadership in line with its international expansion strategy. Over the past decade, WOLFFKRAN has expanded its global footprint and more than doubled its revenue, evolving into a key global provider of tower cranes and related services.“We are convinced that this is the right step to position our leadership for the future. 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”, said Dr. Peter Schiefer.“I am excited to focus even more on the group’s growth markets and establish WOLFFKRAN's global presence in areas of strong construction activity”, added Duncan Salt.The company has strengthened its presence across key markets including the US, France and the GCC region, with recent expansions in Saudi Arabia. The leadership change is expected to support continued growth across these regions.

Related Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code