Valerie Davidson as his running mate–suspended his campaign on October 19. Tenure Mallott signed state marijuana regulations into effect in January 2016. In 2016, Raven Radio reported that Mallott had logged 280,000 Alaska Air Miles in the first two years of his tenure as lieutenant governor. Mallott resigned his post as lieutenant governor on October 16, 2018, citing "inappropriate comments" that he had made to a woman whom Governor Walker refused to name. He was succeeded as lieutenant governor by Valerie Davidson, the former commissioner of the Alaska Department of Health and Social Services. Business career In 1972, Mallott became a member of the newly formed Sealaska Corporation and was elected director. He served as chairman of the board from 1976 to 1983. In 1982, he was selected to serve as the CEO and kept his position until retirement on July 1, 1992. He also established a permanent fund for Sealaska shareholders. The fund had grown to a net worth of $100 million by the late 1990s. Mallott served on the board of Sealaska until 2014. Mallott was also a founding director of the Alaska Commercial Fisheries and Agriculture Bank. He was also a director of the Seattle Branch Board of Directors of the Federal Reserve Bank of San Francisco, and he served on the board of directors of the Federal Reserve Bank of San Francisco. He served as a director of Alaska Air Group and served on the board of the National Alliance of Business. Other community involvement Mallott was a clan leader of the KwaashKiKwaan clan of the Raven tribe of Yakutat. He served as President of the Alaska Federation of Natives (AFN) and received a "Citizen of the Year" award from AFN. Mallott served as president and CEO of the First Alaskans Foundation. Mallott was appointed by Governor Tony Knowles as a co-chair of the Alaska Commission on Rural Governance and Empowerment. He also chaired the Nature Conservancy of Alaska and served as a director of the Alaska Public Radio Network. Personal life and death Mallott was married to Antoinette (Toni) Mallott, a retired schoolteacher who spent most of her career teaching elementary grades in the Juneau School District. They had five children. The Mallotts lived in the West Juneau neighborhood of Juneau, located on Douglas Island near downtown Juneau. Mallott suffered a heart attack at his home in Juneau on May 7, 2020, and was flown