Thomas McCorry devoted 20 years of his career to Constellation Brands, a global producer of prominent beer, wine, and spirits brands such as Corona, Modelo, Meomi, Robert Mondavi, Casa Noble, Mi Campo, and Svedka. Over those two decades, he advanced through multiple leadership roles, gaining deep experience in accounting and controls, operational finance, controllership, business partnership, strategy, and overall financial leadership. His work consistently delivered strong outcomes, supported by skills in strategic and financial planning, risk management, financial controls, process improvement, mentoring, US GAAP accounting, cost savings, valuations, modeling, and revenue management.
He joined the company in 2004 as a Director and later became Vice President of Global Accounting. In that position, he managed the global consolidated accounting close for the $3.6 billion publicly traded business, reducing the close cycle by eight days while improving reporting quality and strengthening internal controls. He developed global cash flow reporting processes, cutting preparation time by 10 days, and enhanced efficiency in multi-currency statement consolidation. His responsibilities included conducting detailed accounting research on complex transactions, leading purchase price allocations for billion-dollar acquisitions, creating global accounting policies, centralizing intercompany transactions, and ensuring compliance with US GAAP across both domestic and international divisions. He also contributed to the design and implementation of a new global ERP system.
In 2012, he became Vice President of FP&A – Wine & Spirits, directing strategic and annual planning for a $2.7 billion U.S. business. Two years later, he was appointed Vice President of Commercial Finance – Wine & Spirits, where he centralized $150 million in non-price investments, implemented zero-based budgeting, and improved forecasting accuracy. He also developed financial metrics linking sales performance to overall company goals. He reorganized the sales finance function into a shared services model that supported growth and acquisitions without increasing headcount.
He later served as Chief Audit Executive and Senior Vice President & Controller before returning to the Wine & Spirits Division as Senior Vice President & CFO. In that role, he redefined the division’s strategy after a $1 billion divestiture, eliminated $100 million in stranded fixed costs, and built a pricing execution team that improved price realization by 500%. From 2021 to late 2023, he served as Senior Vice President & CFO of the Beer Division, an $8 billion revenue business, where he reduced planned capital spending by $1.5 billion, enhanced governance, improved margins, and developed a multi-year cost efficiency plan.