The Douglas councillor says a change in culture has prompted his resignation.
His resignation as chair also means he will no longer sit on the executive committee.
Mr Pitts has served the board for more than 10 years, so what has changed?
Councillor Andrew Bentley succeeds Mr Pitts as chair.
Crogga still owes the Isle of Man Government money
DoI says works at Liverpool ferry terminal will take longer
Over 50 employment tribunals outstanding at the DoI
Free period products bill raises cost concerns for MHKs
Key road in Ramsey to re-open early this afternoon
Want to start training to become a nurse?
Appeal launched after fly-tipper filmed dumping rubbish
Prepare your pets for Bonfire Night, says Manx charity