Biography of Thomas McCorry

Biography of Thomas McCorry

Thomas McCorry had a 20-year career with Constellation Brands, a renowned global producer of well-known beer, wine, and spirits brands such as Corona, Modelo, Meomi, Robert Mondavi, Casa Noble, Mi Campo, and Svedka. Over his tenure with the company, McCorry progressively took on leadership responsibilities across various financial functions, including Accounting and Controls, Operational Finance, Controllership, Business Partnership, Strategy, and overall financial leadership.

Throughout his time at Constellation Brands, McCorry delivered consistent business results in each position he held. His expertise spanned leadership, strategic planning, financial planning and analysis, risk management, financial controls, process improvement, coaching and

mentoring, accounting (US GAAP), cost savings, messaging and storyboarding, valuations and modeling, and revenue management.

A Bespoke Career with Constellation Brands VP of Global Accounting McCorry joined Constellation Brands in 2004 as a Director and was later promoted to Vice President of Global Accounting. He managed the global consolidated accounting close process for the $3.6 billion publicly traded company in this role. His efforts focused on improving operational efficiency, reducing the time to close by eight days, and enhancing the quality of financial reporting. He also played a pivotal role in developing global cash flow reporting processes and consolidating multi-currency statements, which helped reduce preparation time by 10 days.

McCorry’s leadership extended to research and advising on complex transactions such as acquisitions, divestitures, joint ventures, and derivative instruments. His work in these areas significantly reduced the company’s reliance on external consultants. He also led fair value purchase price allocations for several large-scale acquisitions and authored global accounting policies and procedures that standardized financial processes across various divisions. McCorry further streamlined operations by centralizing global intercompany transaction processing, eliminating errors, and improving processing times. His contributions were critical in overseeing global general ledger governance standards and ensuring compliance with US GAAP for domestic and international divisions. Additionally, he was involved in designing and implementing a new global ERP system.

VP of FP&A – Wine & Spirits, VP of Commercial Finance – Wine & Spirits In 2012, McCorry transitioned to Vice President of FP&A – Wine & Spirits, where he was responsible for directing strategic and annual planning for the U.S. Wines & Spirits business, which generated $2.7 billion in profit. Two years later, he accepted the position of Vice President

of Commercial Finance – Wine & Spirits, a role he held for three years. During this time, McCorry significantly improved financial planning and operational efficiency.

He was instrumental in developing market-level financial and operating plans designed to achieve revenue growth, market share expansion, optimal brand mix, and margin improvements. One of his key achievements was centralizing $150 million of non-price investments and implementing a zero-based budgeting process, which provided greater visibility and alignment with commercial priorities. This initiative led to a substantial return on investment.

Additionally, McCorry introduced innovative financial metrics, aligning sales performance with company financial results. He also implemented a cloud-based forecasting solution that integrated regional sales data, S&OP data, and historical trends, leading to more accurate forecasts. His leadership in restructuring the sales finance organization created a shared services model, supporting organic growth and acquisitions without increasing headcount.

McCorry’s work also extended to strategic planning, acquisitions, and board-level reporting. He provided critical insights into financial trends, business performance, and investor relations, ensuring alignment between the company’s financial strategy and organizational goals.

Senior VP, CFO, Beer Division From 2021 until late 2023, McCorry served as Senior Vice President and Chief Financial Officer of Constellation Brands’ Beer Division, an $8 billion revenue business with nearly $3 billion in profit.

In this role, McCorry led initiatives that optimized capital investment and operational efficiency.

He reduced planned capacity investments by $1.5 billion (30%) over three years by aligning commercial demand, supply planning, and engineering efforts. His work improved decisionmaking and governance over the capital planning and approval processes, reducing capital expenditures and a 30 to 40 basis points improvement in structural margins.

Beyond financial performance, McCorry strengthened cross-border collaboration within the finance organization. He introduced the company’s first expatriate program, significantly enhancing employee engagement and development. This program resulted in an 8-point increase in engagement scores, reduced turnover, and lowered recruiting costs. McCorry also collaborated with the strategy team to redefine the globally integrated business planning

process, improving alignment and investment prioritization. His involvement in investor relations further included presenting the beer strategy at investor events and shaping the narrative during quarterly earnings calls.

Public Accounting and Early Career Before joining Constellation Brands, McCorry worked in public accounting for seven years at Big 4 firms PricewaterhouseCoopers and Andersen, where he built a strong foundation in financial analysis and accounting practices.

Pinnacle Growth Strategies Beginning in early 2024, McCorry joined Pinnacle Growth Strategies as Managing Consultant, where he leverages over 25 years of comprehensive experience in finance, accounting, and strategic planning. In this role, McCorry partners with businesses to optimize financial performance, manage complex risks, and achieve sustainable long-term growth. He focuses on developing customized financial strategies, enhancing operational efficiencies, and delivering actionable insights that empower clients to make informed decisions and drive measurable financial success. Through this position, McCorry continues to apply the same strategic acumen and results-driven approach that defined his corporate career to help organizations across various industries navigate financial challenges and capitalize on growth opportunities.

Philanthropy and Volunteer Work Outside of his professional career, McCorry is deeply involved in charitable work. He serves as a Board Member, Table Sponsor, and Capital Contributor at Villa of Hope in Rochester, New York.

This organization provides a range of services to individuals and families facing behavioral, mental health, and addiction challenges. He is also a member of the Finance Committee at the Catholic Family Center in Rochester. He serves on the Business Advisory Council at the Jones School of Business at SUNY Geneseo, his alma mater.

McCorry established and endowed the McCorry Impact Scholarship at SUNY Geneseo, a needsbased scholarship to support students in financial need. He has also contributed to various causes, including the Portraits of Hope Gala and the University of Rochester Medical Center.

Additionally, McCorry volunteers at House of Mercy, a homeless shelter in Rochester, where he helps prepare and serve meals.

Education McCorry earned a Bachelor of Science in Accounting from SUNY Geneseo in 1997. He became a Certified Public Accountant in New York State in 2001 and completed an Executive Development Program through Dartmouth College in 2012.

Born the youngest of six children in Brooklyn, New York, McCorry attended Our Lady of Angels Catholic School in Brooklyn before graduating from Xaverian High School. He enjoys running and traveling, especially at the beach with his wife, Jennifer, and their children.

Thomas McCorry’s career reflects financial expertise, strategic insight, and commitment to business success and community impact. His long tenure at Constellation Brands and involvement in various charitable causes make him a respected leader in both professional and philanthropic circles.