Thomas McCorry

From shaping the financial landscape of one of the world’s largest beverage companies to driving strategic growth in diverse financial roles, Thomas McCorry’s career has been marked by his unwavering commitment to excellence and innovation. Over a 20-year tenure at Constellation Brands, McCorry consistently delivered business results and played a vital role in the company’s financial leadership.

A Journey of Leadership Across Diverse Financial Roles

McCorry began his career at Constellation Brands in 2004, joining the company as Director of Global Accounting. With a keen understanding of financial processes and controls, he quickly rose, assuming increasingly senior positions within the organization. His first significant achievement was overseeing the global accounting operations of a publicly traded company worth $3.6 billion, where he implemented critical changes that improved efficiency and accuracy in financial reporting.

As Vice President of Global Accounting, McCorry streamlined the financial close process, reducing the time needed for closure by eight days while ensuring compliance with US GAAP across all international divisions. He also led the development of global accounting policies that aligned multiple regions under standardized financial protocols. His work centralizing global intercompany transactions and overseeing general ledger governance helped eliminate operational inefficiencies, setting a new standard for operational performance at Constellation Brands.

Strategic Financial Leadership in Wine & Spirits

In 2012, McCorry’s leadership talents were tapped for Vice President of Financial Planning and Analysis (FP&A) for the Wine & Spirits division. Here, he managed the financial operations for the U.S. Wines & Spirits business, which boasted a profit of $2.7 billion. Under his stewardship, McCorry introduced strategic initiatives transforming the division’s financial structure.

By implementing a zero-based budgeting process, McCorry streamlined the allocation of $150 million in non-price investments, aligning spending with the company’s vital commercial priorities. This move improved financial visibility and ensured resources were directed toward high-priority business objectives. His leadership also played a critical role in introducing cloud-based forecasting systems that integrated regional data and sales forecasts into dynamic monthly reports. This improved the accuracy of Constellation’s financial forecasting and gave the leadership team real-time insights into market trends and performance metrics.

McCorry’s success continued as he took on the role of Vice President of Commercial Finance for Wine & Spirits. In this capacity, he played an instrumental role in driving revenue growth, improving gross margins, and optimizing brand mix within the division. His keen focus on aligning financial objectives with commercial strategy helped enhance market share and profitability, creating a roadmap for continued growth.

Transforming Constellation's Beer Division

In 2021, Thomas McCorry ascended to Senior Vice President and Chief Financial Officer (CFO) for Constellation Brands’ Beer Division, one of the company's largest and most profitable sectors, generating $8 billion in revenue. In this capacity, McCorry led transformative initiatives that enhanced capital investment processes and streamlined operations to optimize profitability.

Among his most significant accomplishments was reducing planned capacity investments by $1.5 billion (30%) over three years. By aligning commercial demand with supply planning and engineering resources, McCorry helped lower capital expenditures while preserving Constellation’s ability to meet growing market demand. His strategic oversight also improved structural margins, increasing profitability by 30 to 40 basis points.

McCorry was also instrumental in redefining the company’s global business planning process, which increased alignment across regional operations and prioritized investments that delivered the highest returns. By fostering cross-border collaboration, McCorry strengthened the Beer Division’s financial decision-making processes, ensuring that resources were allocated effectively and growth initiatives were fully supported.

Driving Community Impact and Philanthropy

Beyond his corporate achievements, McCorry is equally dedicated to giving back to his community. He serves on the Board of Directors at Villa of Hope, a nonprofit organization based in Rochester, New York, that provides individuals and families with behavioral, mental health, and addiction services. McCorry’s philanthropic efforts include his active involvement in the Catholic Family Center and his role on the Business Advisory Council at his alma mater, SUNY Geneseo.

In addition to his volunteer work, McCorry has made a significant personal investment in education by establishing and endowing the McCorry Impact Scholarship at SUNY Geneseo. This needs-based scholarship helps students from disadvantaged backgrounds achieve their educational goals. McCorry also volunteers at the House of Mercy, a homeless shelter in Rochester, where he dedicates his time to serving meals to those in need.

A Robust Educational Foundation

McCorry’s educational background laid the foundation for his successful career. He graduated from SUNY Geneseo in 1997 with a Bachelor of Science in Accounting and became a Certified Public Accountant (CPA) in New York State in 2001. In 2012, he further honed his leadership skills by completing an Executive Development Program at Dartmouth College.

Hailing from Brooklyn, New York, McCorry is the youngest of six children and is a proud product of the city’s educational system. He attended Xaverian High School and, later, SUNY Geneseo, where he began cultivating the skills that would shape his future career.

Personal Life and Interests

When he’s not leading financial strategies or giving back to his community, McCorry enjoys spending time with his family. He and his wife, Jennifer, have two children. McCorry is also passionate about running and traveling, especially to the beach, where he finds relaxation and rejuvenation. His commitment to family and personal well-being balances the demanding nature of his professional life.

Legacy of Leadership and Innovation

Thomas McCorry’s career reflects an extraordinary blend of financial acumen, leadership, and commitment to operational excellence. Through his work at Constellation Brands, he has helped shape the company’s financial strategy and driven vital initiatives that have propelled its success on a global scale. His innovative approach to financial planning and focus on fostering organizational collaboration have positioned him as a respected leader in the beverage industry.

In addition to his professional success, McCorry’s philanthropic efforts demonstrate his commitment to making a positive impact on the lives of others. As a leader, a mentor, and a community advocate, McCorry’s legacy extends far beyond the corporate world, leaving an indelible mark on both Constellation Brands and the communities he serves.