Franklin native Tim Hubbs has been named president and CEO of Drake Enterprises.

The announcement was made by Phil Drake, founder of the Franklin-based Drake Enterprises. Hubbs has been with Drake since 1992 and most recently was executive vice president and chief operating officer. He became a CPA in 1983 and has experience as an auditor, tax preparer, software programmer, entrepreneur and CFO.

“I am confident that Tim, along with the great management team and dedicated staff we have put together, will serve our customers well,” said Drake.

Drake will continue to serve Drake Enterprises as chairman of the board and as a technical consultant and software architectural advisor for Drake Software, a division of Drake Enterprises.

Drake Enterprises is a fast-growing company committed to providing quality employment opportunities while participating in community development and advancing technologically. With more than 400 employees, Drake Enterprises is one of the largest private employers west of Asheville and continues to grow through customer acquisition and new business ventures. Drake Enterprises’ businesses include: The Athlete’s Foot, The Boiler Room Steak House, Dalton’s Christian Bookstore, Dnet Internet Services, Drake Software, Franklin Golf Course, Fun Factory in the Smokies, Macon Printing, PRemiere Marketing, Tech Place, WNC SportsZone, and WPFJ.