Nunes Replaced as Trump Media CEO Amid Stock Plunge
The Trump business behind Truth Social is replacing Devin Nunes, a former congressman and strong supporter of the president, as CEO of the social media platform amidst a significant stock collapse that has erased billions in investor value. Digital media executive Kevin McGurn will temporarily assume leadership of Trump Media & Technology, which was established as a “free speech” alternative to major social media sites. Despite frequent use by the former president for political announcements, the platform has struggled to attract a wide audience and has incurred substantial financial losses since going public.
John Q. Hosedrinker