Cory Shumate

VP of Finance | Nashville, Tennessee, United States

Professional Overview
Cory Shumate is an accomplished finance executive with over 15 years of experience driving strategic initiatives and optimizing financial operations across diverse global organizations. As the VP of Finance at Monte Nido, he leads a team of finance professionals responsible for overseeing the company's financial planning, reporting, and risk management functions.

Experience Summary

Current Role
As the VP of Finance at Monte Nido, Cory is responsible for spearheading the company's financial strategy, managing budgeting and forecasting processes, and ensuring compliance with regulatory requirements. He has been instrumental in streamlining financial reporting, implementing robust risk management frameworks, and driving data-driven decision-making to support the organization's growth and profitability.

Career Progression
Prior to his current role, Cory held various leadership positions at Asurion, a leading provider of technology services and protection plans. As the Senior Director of Global Strategic Finance, he played a pivotal role in optimizing the company's financial operations, overseeing the development of financial models and forecasts, and leading cross-functional initiatives to enhance operational efficiency. Throughout his tenure at Asurion, Cory demonstrated a strong track record of driving measurable improvements in financial performance and strategic alignment.

Earlier in his career, Cory gained valuable experience as an Audit Manager at EY, where he provided audit and advisory services to clients across multiple industries, honing his technical skills and gaining a deep understanding of financial reporting standards and regulatory compliance.

Academic Background
Cory holds a Bachelor of Science in Accounting from the University of Tennessee, Knoxville, where he graduated with honors. He is a Certified Public Accountant (CPA) and maintains memberships with the American Institute of CPAs (AICPA) and the Tennessee Society of CPAs.

Areas of Expertise

• Financial planning and analysis

• Budgeting and forecasting

• Risk management and internal controls

• Financial reporting and compliance

• Cross-functional collaboration and team leadership

• Strategic decision-making and business partnering

Professional Impact
During his tenure at Asurion, Cory spearheaded the implementation of a centralized financial planning and analysis (FP&A) function, which resulted in a 25% reduction in reporting cycle times and a 15% improvement in forecast accuracy. He also led the design and deployment of a comprehensive risk management framework that enabled the organization to proactively identify and mitigate financial and operational risks.

Conclusion
Cory Shumate's extensive finance expertise, strategic mindset, and proven track record of driving operational excellence make him a valuable asset to Monte Nido. As the VP of Finance, he is dedicated to leveraging his skills and experience to support the company's growth, enhance financial performance, and contribute to its long-term success.