Devoted Family Man, Accomplished Businessman and Passionate Philanthropist
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Of Dedham, formally of Wellesley and Mashpee. Mal passed away peacefully, surrounded by his loving family, after a brief illness, on March 7, 2026, at the age of 94. Mal lived a life marked by dedication to family, career, community, and country. As we mourn his loss, we also celebrate the beautiful life he lived, the stories we share, the values he instilled, the lasting mark he left on all of our lives.
Born in Boston Massachusetts on August 3, 1931, the middle child of S. Richard and Celia (Marcus) Sherman. An active scholar, temple youth organization member (NFTY), and long-time holder of certain high school track and field records, Mal graduated Newton High School with many lifelong friends.
Mal graduated from Cornell University in 1953 with a degree in philosophy. His intellectual curiosity and love for learning remained constants throughout his life, having a particular interest in both reading history and mystery novels. In 2014, he was honored with a Doctorate in Humane Letters from Brandeis University—a place that held deep personal significance for him. Mal’s connection to Brandeis extended far beyond academics; beginning when he married the love of his life and proud alumna Barbara (Cantor). His commitment to the university was unwavering as he served as a Trustee beginning in 1981, was Chairman of the Board of Trustees from 2007-2013, and then held the title of Trustee Emeritus until his passing.
Mal’s professional journey was equally remarkable. Following the family tradition, he began his career in the shoe industry before joining Zayre Corporation, ultimately becoming Chairman of Zayre Stores and executive Vice President of Zayre Corporation until 1987. Not one to rest on his laurels, Mal embarked on a second career advising companies focused on restructuring or growth, and then worked with companies including Gordon Brothers and Active International, continuing to provide guidance until his final days. He also served as board member or director of many other companies through his eight-decade career.
A proud veteran of the Korean War, Mal served with distinction after studying at the Army Language School in California. Fluent in Chinese due to this training, he worked as an interpreter during his service and maintained this linguistic skill throughout his life. His pride of country led to decades of engagement and support of Democratic causes and campaigns.
Mal’s passions extended far beyond his professional associations. A lifelong sports enthusiast, he was deeply committed to the Boston Celtics as both a fervent spectator and board member during two of their world championship years, and a passionate season ticket holder for the New England Patriots, attending numerous Super Bowl games. On the waters off Cape Cod, Mal found joy captaining his beloved boat “Best Day,” and puttering around Ockway Bay in his Whaler. He also delighted in mentoring aspiring entrepreneurs and business people across generations, and was a successful angel investor in many diverse ventures. In every role that he held, Mal’s impact reached far beyond the titles and responsibilities, with everyone he met considering him a friend.
Judaism played a central role in Mal’s life. As the grandson of religious Jews and a lifelong member of Temple Beth Elohim in Wellesley, he actively supported Jewish causes such as the Combined Jewish Philanthropies, the Anti-Defamation League (ADL), B’nai B’rith International, and other charitable endeavors within the Jewish community.
Mal’s philanthropic spirit extended into many areas of cultural enrichment and social good. In addition to his committment to Brandeis University, he served as the Chair of the Boards of Trustees of the Museum of Science (Boston), the Two Ten Footware Foundation, and Tufts Medical Center. He served as an overseer of the Boston Symphony Orchestra, the Auerbach Foundation, the Mass Creative Council, and the Mass Eye and Ear Infirmary, as well as fundraising and assisting countless other organizations over the course of his life.
Above all else, Mal cherished his family. He is survived by Barbara, his beloved wife of 67 years; their daughter Robin; and granddaughters Jessica and Lila, all of whom brought immense joy to his life. He was predeceased by his parents, sister Cynthia (Richard) Steinberg; and brother Norman (Barbara) Sherman.
Mal will be remembered for his boundless energy, sharp intellect, warm personality, and ability to connect with people from all walks of life. Whether discussing business strategies or sharing stories about sports or family adventures, he left an indelible mark on everyone he met.
Funeral services will be held at 10:30 am, Wednesday, March 11, 2026 at Temple Beth Elohim, 10 Bethel Rd., Wellesley, MA. Burial will follow at Sharon Memorial Park, 40 Dedham St., Sharon, MA. Shivah will follow interment at NewBridge on the Charles, 5000 Great Meadow Rd., Dedham, MA until 4:30 pm and will continue at the home of Robin Sherman 7-9 pm and Thursday from 1-4 pm.
In lieu of flowers, please send expressions of sympathy to Brandeis University, 415 South Street, Waltham, MA. May Mal’s memory serve as a source of comfort and inspiration to all who knew him.