Sherman W. Tribbitt holds a foundational background in public service and finance. He studied accounting at Beacom College and began his career in banking before serving in the United States Navy during World War II. Tribbitt then transitioned to business, operating a supply company with his father-in-law. His political career began with his election to the Delaware House of Representatives, where he served as Speaker, followed by a term as Lieutenant Governor. He later served as Governor, during which he managed state financial crises and initiated the Delaware Lottery. Despite electoral challenges, Tribbitt remained active in public service and consulting roles.

Sherman W. Tribbitt's political career reveals a distinctive approach to balancing economic pragmatism with ideological flexibility, especially evident in his handling of state finances and revenue generation. Tribbitt's decision to oppose a large tax on oil refineries while simultaneously creating the Delaware Lottery showcases an unexpected policy combination aimed at protecting regional industries and generating state revenue. His tenure as Governor during a financial crisis demonstrates an ideologically agile strategy, navigating between state investment and regulatory action.