Chafee won’t run for re-election

Gov. Lincoln D. Chafee today announced that he will not seek a second term as governor. More

To continue reading this article, please do one of the following.



politics

Chafee won’t run for re-election

PBN FILE PHOTO/RUPERT WHITELEY
GOV. LINCOLN D. CHAFEE announced Wednesday that he will not seek a second term as governor.
Posted 9/4/13

PROVIDENCE - Gov. Lincoln D. Chafee today announced that he will not seek a second term as governor, saying he wants to dedicate all his energy to his current term.

Speaking in the parking lot of the R.I. Department of Motor Vehicles in Cranston, Chafee said he’d been thinking of not running all summer and discussions on the subject with family intensified during an August vacation to Bar Harbor, Maine.

When asked how running for governor would hinder his work leading the state, he said “obviously it’s not just the time and energy, but in campaigning, you need to make compromises.” He added that he had no immediate plans other than to finish his term, which runs through 2014, although he did not discount a future run for public office.

Chafee, who in May became a Democrat, took office in January 2011 as an independent after beating Republican John F. Robitaille and Democrat Frank T. Caprio in a tightly contested race. He noted in his remarks that switching to the Democratic party was not connected to his running for governor.

Before his election as governor, Chafee served in the United States Senate as a Republican from 1999 until losing his re-election bid in 2006 to Democrat Sheldon Whitehouse.

Chafee’s tenure as governor was marked by the collapse of 38 Studios LLC, which received a $75 million state loan guarantee before Chafee was elected that lured the now-bankrupt video game company to Rhode Island.

Chafee opposed the loan guarantee as a candidate for governor and was later blamed by 38 Studios founder Curt Schilling for doing nothing to help the foundering company as it tried to avoid bankruptcy.

Chafee’s announcement comes a week after a Superior Court judge allowed the bulk of a lawsuit he initiated to proceed against the architects of the 38 Studios LLC loan deal, dismissing only a few portions of the complaint.

Judge Michael A. Silverstein rejected a motion to dismiss the entire R.I. Economic Development Corporation lawsuit against 14 defendants - including Schilling and former EDC Executive Director Keith W. Stokes.

1 comment on this story | Add your comment
Please log in or register to add your comment
JonPolis

What time does The Parade Start?? http://youtu.be/R6R7bCSUhjI

Wednesday, September 4, 2013 | Report this
Calendar
PBN Hosted
Events

Register today for the First Annual PBN Manufacturing Awards Dinner and Ceremony, Thursday, April 24th, at the Bryant University Bello Center. Click here for more information, including the list of winners.
  • Business Women
    Accomplished. Confident. Wicked Smart. Nominate women you know who deserve speci ...
  • 40 Under Forty
    It's the 10th Anniversary of 40 Under Forty, and PBN is planning a special event ...
  • Healthiest Employers
    Enrollment now open for the 2014 Healthiest Employers Program. Please take a mom ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News