Elbert Allen Drummond
Elbert Allen Drummond | |
---|---|
Born | August 3, 1943 Birmingham, Alabama, U.S. |
Died | July 30, 2012 Jasper, Alabama, U.S. | (aged 68)
Alma mater | University of Alabama |
Occupation | Businessman |
Known for | Vice Chairman of Drummond Company |
Spouse | Abbie Kiker |
Children | 3 |
Parent(s) | Heman Edward Drummond Elza Eliza Stewart |
Relatives | Garry N. Drummond (brother) |
Elbert Allen Drummond (a.k.a. E.A. Drummond or Larry Drummond) (August 3, 1943 – July 30, 2012) was an American heir, businessman and philanthropist from Alabama. He served as the vice chairman of the Drummond Company, a large private coal corporation active in Alabama and Colombia.
Early life
Elbert Allen Drummond was born on August 3, 1943, in Birmingham, Alabama.[1][2][3] His father, Heman Edward Drummond, founded the Drummond Company, a coal-mining company active in Alabama and Colombia, in 1935.[2]
He was educated at the Sipsey School and the
Career
Drummond joined the family business, the Drummond Company.[1] He later served as its vice chairman as well as the chairman of its executive committee.[2][5] Under his leadership, he helped foster business ties with Japanese companies.[5]
During 1979-1980, Drummond, together with his brother, Garry, and company executive Clyde Black, was indicted for bribing three Alabama legislators, by means of supplying them with prostitutes.[6][7][8][9] The trial lasted three months, but it was dismissed by Judge Frank McFadden; the record is now sealed.[6][7]
Drummond served on the board of directors of the First Commercial Bank.[3][4]
Drummond was inducted into the Alabama Business Hall of Fame and the Alabama Academy of Honor in 2011.[3]
Philanthropy and political activity
Drummond served on the board of directors of the Black Warrior Council of the
Drummond was a significant donor to the
He served on the board of directors of the American Family Business Institute.[1][2] He testified before the United States Senate Committee on Finance about the estate tax on November 14, 2007.[12]
Personal life
He married Abbie Kiker, his high school sweetheart, at the age of nineteen.[2] They had two sons, Scott A. Drummond and Patrick L. Drummond, and a daughter, Terri Drummond Lyon.[1]
Death and legacy
He died on July 30, 2012, at the age of sixty-eight.[2][5] His funeral took place at the First Baptist Church in Jasper, Alabama.[5] He was buried at the Pisgah Baptist Church and Cemetery in Sipsey, Alabama.[2]
In 2012, a US$50,000 scholarship was named in his honor at his alma mater, the University of Alabama, as a result of a fundraising one-shot turkey hunt held by the Alabama Conservation and Natural Resources Foundation.[3]
References
- ^ a b c d Alabama Academy of Honor: Elbert A. Drummond
- ^ a b c d e f g h i j E.A. "LARRY" DRUMMOND, The Birmingham News, August 1, 2012
- ^ a b c d e f g h i j Foundation Establishes Scholarship in Memory of UA Alumnus Larry Drummond Archived 2015-07-13 at the Wayback Machine, UA News, November 7, 2014
- ^ a b c d e Elbert Allen Drummond, Bloomberg Business
- ^ a b c d Drummond Co. vice chairman Elbert Allen 'Larry' Drummond dies, Tuscaloosa News, August 1, 2012
- ^ a b Anthony Effinger, Matthew Bristow, Alabama Billionaire Battles Murder Suits as Prices Ebb, Bloomberg Business, July 16, 2013
- ^ a b Daniel Fisher, Alabama Coal Baron Uncovers Evidence Of Witness Payments In Attack On Lawyer, Forbes, June 6, 2014
- ^ a b JASPER, Alabama (AL) Political Contributions by Individuals, City-Data
- ^ a b Alabama Corrections land sale draws fire again in Hale County Archived 2015-07-15 at the Wayback Machine, The Decatur Daily News, April 17, 2007
- ^ Larry Drummond, Federal Estate Tax: Uncertainty in Planning Under the Current Law, American Business Defense Council, November 14, 2007