Greater Idaho Falls Chamber of Commerce CEO Paul Baker resigns

IDAHO FALLS, Idaho (KIFI) — Paul Baker has resigned as CEO of the Greater Idaho Falls Chamber of Commerce, according to an official announcement posted to the organization's Facebook page.

In the online statement, the Chamber’s Board of Directors confirmed they have accepted Baker's resignation but noted he will continue to help for a few weeks to facilitate an orderly leadership transition.

"We thank Paul for his years of service to the Chamber and wish him well in his future endeavors," the board stated.

Social Media Speculation into Soccer Club Investigation

The resignation follows mounting public and online speculation regarding Baker's ties to the Portneuf Valley Soccer Club. The soccer organization recently announced that the Bannock County Prosecutor's Office is investigating potential financial irregularities discovered during an internal forensic audit.

RELATED: Internal forensic audit triggers prosecutor investigation into financial irregularities at Portneuf Valley Soccer Club

In late June, the prosecutor's office charged Baker's longtime associate and former Portneuf Valley Soccer Club President, Cristie Stone, with felony grand theft.

RELATED: Former Portneuf Valley Soccer Club President charged with Felony Grand Theft

While several online groups — including the local podcast IFAF — have publicly speculated about Baker's potential involvement with the soccer club's finances, authorities have not filed any charges against him. As of publication, Local News 8 has verified there is no legal allegation connecting Baker to the alleged theft.

Chamber Addresses Rumors, No Evidence of Misappropriation

The Chamber's press release appears to directly address the ongoing rumors, reassuring members that its own finances remain secure.

"To date, the Board has not found any evidence that Chamber funds have been misappropriated," the statement read.

Moving forward, the Chamber emphasized that business will continue as usual while they search for new leadership and review their own financial books.

"The Board remains committed to the Chamber's mission of serving its members and supporting a strong business community. Chamber operations will continue uninterrupted as we move forward with a leadership transition and an independent audit," the release concluded. "We appreciate the continued support of our members, partners, and the community, and we will provide additional information as appropriate."

Local News 8 has reached out to Paul Baker for comment and will update this article if we receive a response.