US Edition
Trump Media appoints media veteran Kevin McGurn as interim chief executive
Kevin McGurn, a media veteran and Trump Media adviser, will oversee the company’s social media, streaming and financial services businesses during its expansion.
- On Tuesday, Trump Media & Technology Group named Kevin McGurn as interim CEO, effective immediately, succeeding Devin Nunes, who led the company since its inception.
- Nunes, a former congressman who served as CEO since 2022, departs as Trump Media navigates significant financial challenges. The firm has lost more than $1.1 billion since going public two years ago.
- McGurn, an advisor since December 2024, brings experience from Hulu and Vevo. He will oversee Truth Social, Truth+, and the Truth financial brand across three main business lines.
- Board member Donald Trump Jr. thanked Nunes for his "dedicated service" over four years, while Nunes stated it is an "appropriate time" to focus on his role as Chairman of the President's Intelligence Advisory Board.
- Trump Media's pending merger with TAE Technologies is expected to close in mid-2026, while management considers a potential spin-off of business lines including Truth Social into a new publicly traded company.
85 Articles
85 Articles
CEO of Trump's Truth Social media company ousted after losing billions
Donald Trump's social media company has ousted its CEO after its share price fell by nearly 75 per cent in just two years.Devin Nunes, who quit his seat in Congress to take on the role, will be replaced by advisor Kevin McGurn."I want to thank Devin Nunes for his dedicated service to the Company over the past four years, and congratulate Kevin McGurn on his appointment as Interim CEO," a statement from Donald Trump Jr said. READ MORE: Trump's bi…
Trump Media replaces Nunes as Truth Social CEO after stock plunge that wiped out billions
The Trump business behind Truth Social is replacing a former congressman and big supporter of the U.S. president as the leader of the social media platform after a stock collapse that wiped out billions in investor wealth.
News Corpse
Daily KosYOU’RE FIRED: Trump Media’s CEO, Devin Nunes, Gets Booted From the Failing Truth Social Company
Shortly After Trump was banned from Twitter, before the Musk era, he launched his own social media website that was a direct ripoff of Twitter. His hysterically named “Truth” Social quickly became the dedicated propaganda platform for Trump’s ranting, insulting, lying, and shameless self-exaltations. Click here to post this article on Twitter or Click here to post on Bluesky The Truth Social website was stuffed into a corporate grab bag that was…
Former CA Congressman Devin Nunes Fired From Trump Media
We haven't heard much from blowhard former Republican Congressman Devin Nunes the past few years, and that's because he's been busy losing over a billion dollars over at Trump Media & Technology Group.As I wrote when Nunes took the job in late 2021, "By [Trump's] side, at least until he's fired, will be one of his most loyal yap dogs, Rep. Devin Nunes, who we now learn is quitting Congress to become the CEO of Trump's new media company."That com…
Coverage Details
Bias Distribution
- 41% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
