Thomas McCorry

Thomas McCorry

Chief Financial Officer - Consumer Packaged Goods

Rochester, NY
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Summary

Thomas McCorry has had a distinguished career at Constellation Brands, where he spent over two decades contributing to the company's success in the beer, wine, and spirits industry. Constellation is known for its iconic brands, such as Corona, Modelo, Robert Mondavi, and Svedka, and he played a crucial role in driving its financial strategies and operational excellence throughout his tenure. His leadership across various financial functions helped guide the company's growth and maintain its position as an industry leader.

McCorry's journey with Constellation began in 2004 when he took on increasing responsibilities in different financial roles. One of his critical early positions was Vice President of Global Accounting, where he managed the company's global accounting processes. In this role, he was able to streamline operations and improve the speed and quality of financial reporting, cutting the time to close reports by eight days and enhancing cash flow reporting processes, reducing preparation time by 10 days. These improvements helped drive greater efficiency and transparency across the company.

In 2012, McCorry became Vice President of Financial Planning and Analysis for the Wine & Spirits division, overseeing financial strategy for a $2.7 billion profit business. A few years later, he took on the Vice President of Commercial Finance role, where he further refined the company's financial processes. He implemented zero-based budgeting, centralized non-price investments, and aligned financial strategies with commercial goals, improving financial visibility and business performance.

From 2021 to 2023, McCorry served as Senior Vice President and Chief Financial Officer of the Beer Division, managing an $8 billion revenue business. During this time, he led initiatives that optimized capital investments and drove operational efficiencies, including a $1.5 billion reduction in planned capacity investments. His strategic approach helped improve margins and ensure sustainable growth.

Before joining Constellation, McCorry worked for seven years in public accounting at PricewaterhouseCoopers and Andersen. He is also actively involved in philanthropy, having established a scholarship fund at his alma mater, SUNY Geneseo, and contributed to various community causes.

Thomas McCorry earned his Bachelor of Science in Accounting from SUNY Geneseo, became a Certified Public Accountant, and completed an Executive Development Program at Dartmouth College in 2012. Outside of his professional life, he enjoys running, traveling, and spending time with his wife, Jennifer, and their children.

Experience

2021 Aug - 2024 Dec
Senior VP & CFO, Beer Division
Constellation Brands
  • Led financial strategy for an $8 billion revenue business, optimizing capital investments and improving margins.

2019 May - 2021 Dec
Senior VP & Controller, Chief Audit Executive
Constellation Brands
  • Managed financial reporting, compliance, and audits for all business segments.

2019 Oct - 2021 Aug
Senior VP & CFO, Wine & Spirits Division
Constellation Brands
  • Redefined division strategy and eliminated $100M in stranded fixed costs.

Education

2012
Dartmouth College
Executive Development Program
2001
New York State
Certified Public Accountant
1997
SUNY Geneseo
Bachelor of Science in Accounting

Skills