Proficient Auto Logistics appoints Steven Hansen to board; he is not independent
Proficient Auto Logistics appointed Steven Hansen, co-founder of Hansen & Adkins, to its Board of Directors effective October 30, 2026. The Board determined Mr. Hansen is not independent because of his business ties to the Company, including leases with entities he partly owns and the August 2026 acquisition of Hansen & Adkins, so he is not expected to join any Board committees.
Key points
- Mr. Hansen will serve until the 2027 annual meeting and has agreed to waive Board compensation.
- He owns a 50% equity interest in each of two lessors; the aggregate annual lease value is approximately $1.2 million with 3611 Farquhar Investments, LLC and approximately $180,000 with 480 Dick Buchanan Street, LLC.
- His advisory employment agreement, dated August 14, 2026, provides compensation at a prorated annual rate of $250,000 through December 31, 2026.
- The Company paid an upfront price of approximately $130 million for Hansen & Adkins, including about $75 million of assumed debt, and issued 421,354 shares to Mr. Hansen as part of the consideration.
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2026.
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