We at WDT are deeply saddened by the passing of Mr. Don N. Sherman, Chief Executive Officer and President of McClain Bank from 1998 to March 1, 2016 and from 1988 to 2001 respectively. He passed away on Saturday, September 24, 2016.
Mr. Sherman saw great value in the vision brought to him by the founding members of Weather Decision Technologies and played a large role in the financing and direction of the company.
"Don served WDT on the Board of Directors from our inception in 2000 until 2008. He and his wife Mary were original stockholders in WDT. As President of McClain Bank, Don approved WDT's first significant bank loan in 2000", says Kirk Whitener, WDT's Chief Financial Officer. "He was an extremely positive and active supporter of WDT from our inception until the time of his passing. He will be greatly missed."
He attended the University of Oklahoma, where he was a member of Lambda Chi Alpha fraternity and graduated with a BBA in finance in 1957. At OU, he met his wife, Mary. They had been married for fifty-eight years. Don and Mary lived in Purcell until 1992 when they moved to Norman.
A banker for 59 years, Don was the Chairman of the Board of McClain Bank, a family-owned bank headquartered in Purcell, OK with branches in Norman and Noble. Until his retirement in March of this year, he was CEO. Don was a Past Member of the Purcell School Board and a Board Member of the Purcell Hospital and Past President of the Purcell Chamber of Commerce. He was currently a Trustee of the Norman Regional Hospital Authority and Chaired the Quality and Safety Committee. He was a member of the Sooner Rotary Club, was a past president of the Purcell Rotary Club, and is a Paul Harris Fellow. Don was a past president of the Norman Arts Council, Cleveland County YMCA, the Jacobson House Native American Art Center, the OU Alumni Club of Cleveland County, Cleveland County Chapter of the American Cancer Society , Mary Abbott House, Brookhaven Square 3&4 Homeowners Association and Junior Achievement of Oklahoma City. He has also served on the boards of the Neighbor Service Organization of Oklahoma City, the Oklahoma Bankers Association, and Price College of Business Board of Visitors at the University of Oklahoma, and the national Educational Foundation of Lambda Chi Alpha fraternity. He was the Co-Chair of the Lambda Chi Alpha Capital Campaign for Gamma Rho Zeta Chapter at OU and a member of the Sigma Phi Building Corporation. Three different times he was been named the outstanding volunteer at the Cleveland County YMCA; received the OU Regent's Alumni Award; and received the Order of Merit from Lambda Chi Alpha fraternity, which is the highest honor given nationally.
A Celebration of Life
McFarlin Memorial United Methodist Church
Tuesday, Sep 27th 2016 3:00pm
127 S. Canadian
Norman, Oklahoma, United States