Donald S. Jones, Bank Executive

July 04, 2009|By Frederick N. Rasmussen

Donald S. Jones, former president and chief executive officer of Commercial Credit Co., died June 16 of complications from a broken hip at his Delray Beach, Fla., home. The former Towson resident was 99.

Mr. Jones was born and raised in Providence, R.I. After graduating from Bryant College in 1930, he began his career with Commercial Credit Co. as an accounting clerk in Providence.

He held various positions in the Northwest until 1954, when he was named vice president in charge of finance and loan operations for the Midwest.

In 1966, he was elected vice president of the parent firm, and two years later was named president and chief executive officer, overseeing the merger of Commercial Credit Co. and Control Data Corp.

He was a member of the board from 1968 and became chairman in 1973. He retired in 1974 and remained on the board until 1983.

The longtime resident of the Hampton neighborhood of Baltimore County had also served on the boards of Control Data Corp., First National Bank of Maryland, Baltimore Gas & Electric Co. and the Chamber of Commerce of Metropolitan Baltimore and had been a trustee of the Automotive Safety Foundation.

In 1971, President Richard M. Nixon named Mr. Jones chairman of the Baltimore metropolitan area of the National Alliance of Businessmen.

Since the late 1970s, Mr. Jones, a Mason, had lived in Delray Beach. He was a former member of Towson United Methodist Church.

An avid golfer, he was a former member of the Baltimore Country Club.

His wife of 37 years, the former Helen Hopkins, died in 1969. His second wife of 17 years, the former Margaret Crossfield, died in 1987.

Plans for a memorial service to be held in Delray Beach in October were incomplete.

Surviving are his wife of 19 years, the former Alice Church; two daughters, Deborah Appel of Boulder, Colo., and Dianne Weller of Northbrook, Ill.; five grandchildren; and five great-grandchildren.

- Frederick N. Rasmussen

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