Three LBMC Leaders Make Forbes' Best CPAs List
LBMC, a prominent accounting and business consulting firm, is thrilled to announce the recognition of three of its esteemed executives on Forbes’ inaugural list of America’s Best-In-State CPAs. This esteemed acknowledgment emphasizes the remarkable contributions of these leaders in the accounting field and their sustained impact on the profession.
Criteria for Selection on the List
Forbes conducted an extensive evaluation to create the Best-In-State CPAs list. The editorial team utilized independent nominations from various CPA associations, measuring the professionals' expertise and influence in the industry. Candidates were assessed against multiple weighted criteria, which included innovation, thought leadership, community involvement, and overall professional experience.
Outstanding Leadership at LBMC
Jim Meade, the CEO and Managing Shareholder of LBMC, boasts an impressive 26-year tenure with the firm. His journey began in the assurance practice and evolved into leading the technology industry segment before stepping into his executive role. Meade's focus lies in firm growth strategies, mergers, and technology integration, along with a dedication to nurturing talent within the organization. His active involvement extends beyond the firm as he engages with leadership roles in community organizations.
David Morgan's Legacy
Co-founder David Morgan has played a critical role in shaping LBMC’s entrepreneurial culture throughout its 40-plus years. Having served as Chairman of LBMC Financial Services, Morgan continues to influence the firm’s strategic decisions. His CPA journey spans nearly five decades, earning him the TSCPApex Lifetime Achievement Award, reflective of his lifelong dedication to the profession and community service.
Jeff Drummonds' Steps to Success
Former CEO and Managing Shareholder Jeff Drummonds significantly contributed to LBMC's growth from 2015 to 2023. His expertise in tax services and strategic advisory positions across various industries highlights his capability and national recognition, marking him as a notable figure in the financial realm.
Commitment to Excellence
The inclusion of Jim Meade, Jeff Drummonds, and David Morgan in this prestigious Forbes list underscores LBMC's unwavering commitment to excellence within the accounting profession. Their leadership, dedication, and client-centric approach reflect the values and vision that the firm advocates for.
Reflections from Leadership
In light of this recognition, Jim Meade expressed his pride in the dedicated leadership team at LBMC. He remarked that the recognition reaffirms the organizational culture and vision that defines the firm. Furthermore, he expressed excitement about the future, as LBMC continues to thrive and innovate, serving clients with integrity and expertise.
About LBMC
LBMC stands as one of the Southeast’s largest accounting and business consulting firms, catering to over 11,000 clients across various industries. The firm thrives on its innovative use of technology and AI, driving efficiency and strategic insights. With deep roots established since 1984, LBMC provides a wide array of services, including audit, tax, and advisory solutions, highlighted by their commitment to a people-first culture.
Frequently Asked Questions
Who are the LBMC executives recognized by Forbes?
The executives include Jim Meade, David Morgan, and Jeff Drummonds.
What criteria did Forbes use for the Best-In-State CPAs list?
Forbes evaluated nominees based on various criteria including expertise, innovation, and community involvement.
How long has Jim Meade been with LBMC?
Jim Meade has been with LBMC for 26 years.
What services does LBMC provide?
LBMC offers audit, tax, advisory, technology, human resources, and wealth advisory services.
What is the significance of this recognition?
This recognition highlights LBMC’s commitment to excellence and leadership within the accounting industry.
