Imperial Pacific CEO Mark Brown resigns

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(Photo courtesy Marianas Variety)

Imperial Pacific casino CEO Mark Brown resigned suddenly over the weekend.

The Marianas Variety reports that Brown submitted his resignation to Commonwealth Casino Commission Executive Director Edward Deleon Guerrero in an email on Sunday, effective immediately.

Deleon Guerrero told the paper that he cannot disclose the reason that Brown mentioned in his email, but added that the IPI CEO thanked the casino commission officials for the opportunity to work with them.

Brown submitted his resignation following last month’s FBI raid on the offices of IPI’s Saipan legal counsel and the office of Governor Ralph Torres.

IPI has said they have “nothing to hide” and they are cooperating “with law enforcement authorities.”

This is the second time Brown has resigned from his position at Imperial Pacific.

The Marianas Variety reports that in December 2017 Brown “retired to pursue other projects close to his family” on the U.S. mainland. But he returned in October 2018 as “interim chairman to lend his experience in guiding IPI through these critical last stages, and help ensure the success of launching full resort operations.”

Deleon Guerrero told the paper that the corporate board of IPI has assured the commission that the company is now looking for a new CEO.