For Hometown News
TREASURE COAST -- Exemplifying the innovation, drive and persistence of a successful entrepreneur, Thomas L. Corr Jr. was recognized with the Dan K. Richardson Entrepreneur Program's 2013 Entrepreneur of the Year on March 12 at the Indian River State College Richardson Center at the Mueller Campus in Vero Beach.
"Tom Corr has demonstrated entrepreneurial vision and exceptional business acumen throughout his life," said Dr. Edwin Massey, IRSC president. "Under his leadership, the George E. Warren Corporation successfully navigated the significant challenges facing the oil industry over the past 26 years, becoming one of the largest importers of fuel in the United States."
The award, which recognizes the entrepreneurial spirit and business and community achievement, is a central element of the Dan K. Richardson Entrepreneurship program established by the IRSC foundation and 13 other founding members to promote awareness and appreciation of the free enterprise system.
"Tom is also recognized for his generosity and strong commitment to community service, tirelessly supporting numerous charitable organizations and individuals in need," Mr. Massey said. "We are proud to honor Tom Corr with the award."
Mr. Corr started an industrial and commercial maintenance business at 17 years old, and employed 35 people. He first became involved in the petroleum business as a distribution coordinator for Southern Petroleum in Houston, Texas. There, he learned the logistics necessary to more petroleum products through the bulk distribution system. From there, he joined the George E. Warren Corporation in Boston, and in 1984 was promoted to vice president of trading, becoming a partner in the firm.
Mr. Corr then acquired a controlling interest in the company, and became president and CEO in 1987.
Under his leadership, the company moved to Vero Beach in 1988, and adjusted to a myriad of geopolitical and weather events that impacted the oil industry.
Following the passage of the Clean Air Act in 1993, Mr. Corr changed direction of the company from a speculative to a blended industry, which resulted in the company becoming one of the nation's largest fuel importers, interacting will all major oil companies as a supplier of gasoline and distillates to new York Harbor, the Gulf Coast and the middle United States.
Under Mr. Corr's guidance, the company also provides support to numerous charitable organizations, with emphasis on education and support for military troops. Mr. Corr is a founding member of the Indian River Community Foundation and The Learning Alliance.
Mr. Corr is married to Carol, father to Tom Corr III and Katie and is a proud grandfather of two.