LBMC Names New CEO and Managing Shareholder


Brentwood, Tenn.-based LBMC PC (FY23 net revenue of $192.7 million) has named James Meade Jr. its new CEO and managing shareholder, effective Jan. 1. He succeeds Jeffrey Drummonds, who will pivot his focus to strategic growth efforts.

“[Jim] was the ideal choice because he understands the value of people and relationships, which comes first in our business,” says Drummonds. “He knows attracting great talent to LBMC is imperative to bringing in great clients, and great clients lead to even greater talent.”

Meade is a 23-year veteran of the firm, most recently serving as a leading shareholder in the firm’s audit and advisory division and spearheading the technology industry segment. He has managed audit services for venture capital and private equity firms and their portfolio companies, focusing on technology start-up enterprises, growth stage companies and acquisition-oriented businesses. He also serves on the firm’s board of directors and leadership committees.

“I’m very proud of the impact that LBMC has had on the lives of our clients and of our employees and their families,” he says. “LBMC has accomplished great things, and I’m honored to have the opportunity to continue the momentum and excited to see where LBMC goes from here.”


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