Devin Nunes steps down as head of Trumpâs struggling media company | CNN Politics
The company behind President Donald Trumpâs social media network is changing leaders amid mounting financial losses, a sagging stock price and lingering uncertainty about the long-term viability of its flagship product, Truth Social. Devin Nunes, a former California member of Congress and longtime Trump loyalist, is exiting his position as chief executive officer of Trump Media & Technology Group Corp., he and the company announced Tuesday. Kevin McGurn, a former executive at Hulu and Vevo, will step in as interim CEO. âI 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,â Donald Trump Jr. said in a statement on behalf of the board of directors. âKevin brings deep experience across media, technology, and capital markets, as well as a strong understanding of Trump Mediaâs operations and strategic priorities. His familiarity with the Company and alignment with our leadership team uniquely position him to guide Trump Media through this important period.â Nunesâ four-year stint included the launch of Truth Social in 2022 â after social media sites banned Trump from
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