Frank Farricker, the Connecticut Lottery Corp.’s board chairman and interim CEO, resigned from both unpaid but influential positions Monday after drawing heavy criticism during a legislative inquiry into lottery officials’ handling of the fraud-plagued 5 Card Cash lottery game.
Saying that he hopes to help the lottery agency “by ceasing any further distractions,” Farricker wrote to the quasi-public agency’s general counsel, Matthew Stone, and said he was quitting immediately.
“I am proud to have presided over a period of exceptional growth in lottery revenue since 2011, and as Interim President, I am proud that through our efforts we helped to reinvigorate operations after the turmoil of the previous year. I was happy to volunteer because I care about each and every person inside the Lottery Corporation and what they do every day to help balance our state’s budget,” Farricker wrote.
A real estate businessman and former Greenwich Democratic Party chairman, Farricker was appointed lottery board chairman by his fellow Fairfield County Democrat, Gov. Dannel P. Malloy.