For Immediate Release

Contact: communications@ri.gop

September 9, 2025

KALUS: “HELENA FOULKES’ FAILED CORPORATE LEADERSHIP ISN’T A RÉSUMÉ; IT’S A WARNING”

Providence, RI – Today, Ashley Kalus, a potential candidate for public office, issued the following statement in response to Helena Foulkes’ announcement of her 2026 gubernatorial candidacy:

“Helena Foulkes’ failed corporate leadership isn’t a résumé; it’s a warning. Launching her campaign the day after Rhode Island’s legacy companies announced their departure is the worst kind of political opportunism. An honest leader would admit this isn’t about one person–it’s about a system she profited from and defended.”

“She launched her career as a corporate raider at Goldman Sachs, learning how to dismantle companies for profit. Now, she audaciously runs as an ‘outsider’–a stunning fiction for someone who sits on corporate boards and trades on her family name. As a director of the EDC, she privately pushed to pour more taxpayer dollars into the catastrophic 38 Studios failure.”

“Her hypocrisy is matched by her record of failure. Under her leadership, CVS paid billions of dollars in opioid fines as families buried their children–while PBMs she pushed made prescriptions more expensive. At Hudson’s Bay, she didn’t just fail–she lit the match that burned a 300-year-old institution to the ground, costing thousands of working families good jobs.”

“Her campaign isn’t a bid for leadership; it’s a liquidation sale for the state of Rhode Island. Voters deserve better than another well-connected insider cashing out at our expense.”