One of only three executives in Nashville to receive prestigious award
LBMC proudly announces that CEO Jeff Drummonds has been named a Top 100 Business Journal Influencer in the Finance category, one of only three Nashville executives to be named to the prestigious national list. The Business Journals’ Influencers: Finance spotlights 100 executives who are impacting business in communities across the nation.
The national award follows recent announcements that Drummonds was named 2018 Most Admired CEO and 2018 Power Leader in Finance by the Nashville Business Journal. Both esteemed lists represent business leaders who are admired by their peers.
Drummonds has served as CEO of LBMC since 2015, leading the firm’s robust growth and continued expansion into additional service lines. Drummonds previously served as Practice leader of the firm’s tax division. He joined LBMC in 2001 after spending the early part of his career at a national accounting firm.
During Drummonds’ tenure as CEO, the firm has grown by approximately 30% in revenue, expanded from 450 to 600 employees, and received numerous regional and national distinctions. Earlier this year, LBMC was named a Nashville Business Journal 2018 Fast 50 Awards company, which recognizes the 50 fastest growing private companies in Middle Tennessee. LBMC was also named a 2018 Top 50 Accounting Firm by INSIDE Public Accounting and was ranked #43 in that publication’s 2018 Top 100 Largest Accounting Firms in the U.S. list, a four place increase over last year’s position.
“I am honored to receive the Business Journals’ Influencers award, and I share it with the outstanding LBMC team,” said Drummonds. “I’ve often characterized LBMC’s growth as circular – attracting high performing talent with unique skills and expertise allows us to evolve as our clients’ needs change. In turn, adding new services and solutions for our clients, while continuing to provide outstanding service, makes our firm more appealing to high performers. LBMC is well positioned to take our contributions on business to the next level, and I am excited about the opportunity to have a positive impact on business communities not only in Tennessee, but across the nation,” said Drummonds.
LBMC is a Top 50 firm in the country and the largest professional service solutions provider based in Tennessee, serving approximately 10,000 clients with diverse needs across a spectrum of industries. LBMC and The LBMC Family of Companies has more than 600 employees, with offices in Chattanooga, Nashville (Brentwood), and Knoxville, TN. Founded in 1984 as a traditional accounting firm, LBMC has expanded its focus to become industry leaders in financial, human resources, technology, information security, and wealth advisory services.