Trump Media CEO Out
FILE - The download screen for Truth Social app is seen on a laptop computer, March 20, 2024, in New York.
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The Trump business behind Truth Social is replacing a former congressman and big supporter of the U.S. president as leader of the social media platform after a stock collapse in the past year. Devin Nunes, a former California congressmen in Donald Trump’s first term, is being replaced temporarily by digital media executive Kevin McGurn as chief executive officer. The company, Trump Media & Technology, didn’t give a reason for Nunes leaving. After soaring following Trump’s re-election in November 2024, stock in the company plunged 67%, wiping out more than $6 billion in investor wealth.
NEW YORK (AP) — Launched by the Trump family four years ago with great fanfare, Truth Social…
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