Background information for Pat McCormick
Meet Pat McCormick, a man whose work for clients is defined by a rich business leadership experience spanning over four decades. As the President of PMCC Ventures, Pat’s mission is straightforward: empower businesses to enhance their efficiency and sustain value.
A diverse range of roles has carved Pat’s journey, from board memberships and interim leadership to consulting and advisory relationships. His expertise usually shines brightest when PMCC Venture’s clients find themselves at a critical junction, undergoing or contemplating a significant business transition.
What sets Pat apart is his strategic mind and bottom-line-driven approach, grounded in diverse industry experience and a deep understanding of business life cycles. His strength lies in swiftly comprehending, analyzing, and assessing the current business environment, comparing it to established best practices.
Pat’s working style is dynamic, pivoting around empowering organizations and people to navigate and thrive amidst change. His rigorous yet collaborative approach is fueled by a passion for fostering individual and team development, collaboration, and performance.
At the heart of Pat’s business philosophy lies the desire to position organizations not only for present-day excellence but also to create sustainable growth for future opportunities. He firmly believes in the ability of businesses to withstand commercial challenges and turn them into opportunities.
Pat’s career trajectory began at Arthur Andersen’s audit practice, where he spent over two decades, helping shape the Business Consulting Practice in the firm. Much of his work in the 1990’s was helping organizations improve performance and create value, along with a long list of Merger and acquisition support. He held significant roles, including leading the Finance Business Solutions Practice in North America and Europe- helping large and global organizations reshape their financial management practices and teams and placing more emphasis on strategic and operational support for the business.
His expertise then steered him to serve as the CFO of a start-up internet “instant messaging” company and then as the CFO/COO of, a brownfield real estate developer, where he led efforts to restructure more than $1Billion in debt and equity positions. He also worked as a Managing Director at Alvarez & Marsal, a turnaround and consulting firm.
In 2007, Pat established PMCC Ventures, a firm dedicated to business turnaround and performance improvement. His work has spanned from serving as a board member for a regional bank and an engineering firm to filling various Fractional and Interim Executive Leadership roles, all focused on transitions, transformation, and value creation.
In 2023 Pat decided to focus more intent efforts helping Middle Market Companies improve the financial management capabilities of the organization. Recognizing that the Role of CFO was becoming more diverse and intense, he is choosing to support financial leaders in building the financial management capabilities they want and need.
Pat’s efforts as shaped by his background as M&A leader and supporter, CFO and Board membership. He views some of the more critical roles of finance today to include, enhancing financial literacy throughout the organization so leaders understand the economic and value creation engine of the business and can make better fact based business decisions. To enhance financial literacy, it is key for leaders to plan for and understand outcomes in a strategic, operational and economic context. To create value now, organizations have to KNOW. MORE. NOW. Some people have termed these efforts as being the “CFO Whisperer”.
His wide-ranging career has exposed him to the dynamics of various industries, from start-ups to global corporations. Importantly, his broad industry experience has helped him understand how the value chain of businesses can be best organized for success. He has honed his skills in handling turnarounds and uplifting high-performing organizations.
Much of Pat’s work centers on collaborations with Private Equity-owned companies, fulfilling both Buy-side and Sell-side roles. His academic foundation is a dual degree in Management/Marketing and Accounting from St. Joseph’s University.
Pat’s vast industry experience spans sectors including Aerospace, Automotive, Banking, Business Services, Chemicals/Process Manufacturers, Commercial Services, and many more.
Wondering how Pat can fit into your organization and provide value? Here are some of the roles he’s successfully filled in the past:
- Merger and Acquisition Support for both buyers and sellers
- Financial Management Leadership Support
- Interim Leadership as CEO, COO, CFO
- Financial Management Improvement
- Transition Support
- Turnaround Leadership
- Business and Strategic planning
- Start-up Support
His work primarily revolves around uplifting financial management capabilities, aiding leaders to transform finance organizations into strategic capabilities, mentoring the next generation, and providing business intelligence.
Pat McCormick is more than just a consultant. He is a strategic partner who is committed to leveraging his expertise to help businesses navigate challenging times and steer towards a path of sustainable growth and excellence.
Contact information:
Email pjm@pmccventures.com
Calendar: calendly.com/pmccventures-pjm-4
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