Adolfson & Peterson Construction Announces CEO Transition

Longtime CEO Jeff Hansen to retire, COO Brad Hendrickson to take over leadership role

Published on Feb. 11, 2026

Got story updates? Submit your updates here. ›

Adolfson & Peterson Construction (AP), a national construction management and contracting firm, announced a planned leadership transition, with Chief Operating Officer Brad Hendrickson set to assume the role of Chief Executive Officer following the retirement of longtime CEO Jeff Hansen. The transition comes as AP marks its 80th anniversary and reports strong financial results, including projected revenue exceeding $1.5 billion.

Why it matters

The leadership change at AP, a major player in the construction industry, reflects the company's commitment to succession planning and ensuring continuity of its operations and culture. AP's transition to new leadership comes at a time of growth and momentum for the firm, which has expanded its geographic presence and client relationships under Hansen's tenure.

The details

Brad Hendrickson, who has over 30 years of experience in the construction industry, will take over as CEO from Jeff Hansen, who has held the role since 2017. Hendrickson currently serves as AP's Chief Operating Officer and has led significant growth at the company, including geographic expansion and record revenue. The transition is expected to be seamless, with Hendrickson working closely with Hansen during the transition period.

  • AP announced the leadership transition on February 11, 2026.
  • The transition will be effective on June 1, 2026, when Hendrickson assumes the CEO role.
  • AP is closing a strong fiscal year at the end of February 2026, with projected revenue exceeding $1.5 billion.

The players

Adolfson & Peterson Construction (AP)

A national, family-owned construction management and contracting firm that has been in business for 80 years.

Jeff Hansen

The outgoing CEO of AP, who has held the role since 2017.

Brad Hendrickson

The incoming CEO of AP, who currently serves as the company's Chief Operating Officer and has over 30 years of experience in the construction industry.

Brantley Barrow

The Chair of the Board of AP.

Got photos? Submit your photos here. ›

What they’re saying

“Succession planning has been a priority for the Board for many years, and this transition reflects that disciplined, forward-looking approach.”

— Brantley Barrow, Chair of the Board (prnewswire.com)

“My goal has always been to ensure AP would be led by someone who understands our people, our clients, and our culture—and who is already helping shape our strategy. Brad is that leader, and I have complete confidence in his ability to lead this organization in its continued success.”

— Jeff Hansen, Outgoing CEO (prnewswire.com)

“I'm honored to step into this role and grateful for the trust placed in me by the Board and by Jeff. AP's success is built on the strength of our relationships. As we look ahead, I am confident in our teams' ability to execute our strategy and deliver outstanding work for our clients.”

— Brad Hendrickson, Incoming CEO (prnewswire.com)

What’s next

The leadership transition is expected to be seamless, with Hendrickson working closely with Hansen during the transition period to ensure continuity.

The takeaway

The leadership change at Adolfson & Peterson Construction reflects the company's commitment to succession planning and its focus on maintaining the strong culture and client relationships that have driven its success over the past 80 years. The incoming CEO, Brad Hendrickson, is well-positioned to build on the firm's momentum and continue its growth trajectory.