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Jeffery Drummonds
CEO of LBMC
Jeff Drummonds is a prominent figure in the accounting and business consulting industry, particularly associated with LBMC (Lattimore Black Morgan and Cain, PC), one of the largest accounting and business consulting firms in the Southeast United States.12
Career at LBMC
Jeff Drummonds served as the Managing Partner and CEO of LBMC from 2015 to 2023.2 During his tenure as CEO, he led the firm's robust growth, expanding from 450 to more than 750 team members.1 He also spearheaded several key acquisitions and the expansion into additional service lines.1
Prior to his role as CEO, Drummonds served as the Partner-in-charge of the tax division at LBMC.2 He joined LBMC in 2001 after working as a tax partner with a national accounting firm.2
Expertise and Experience
With over 30 years of experience as a CPA, Drummonds has:
- Coordinated tax services for more than twenty public companies
- Been involved in numerous stock offerings and private equity transactions across industries including healthcare, manufacturing, and technology
- Significant experience in advising companies on structuring transactions, merger integration, and tax outsourcing engagements2
Awards and Achievements
Drummonds has received several notable recognitions, including:
- Named a Nashville Business Journal 2021 Power 100: Industry Giant
- Named a Nashville Business Journal 2021 Most Admired CEO
- Recognized as a Top 100 Financial Influencer in the Nation
- Designated as a Power Leader in Finance12
Education
Jeff Drummonds holds a Master of Accountancy and a Bachelor of Business Administration from the University of Tennessee, Knoxville.2
Recent Developments
As of January 1, 2025, Drummonds stepped down from his position as CEO and managing shareholder of LBMC PC.3 He remains with the company, shifting his focus to strategic growth efforts.3