US EditionTrump Media appoints media veteran Kevin McGurn as interim chief executive
Donald Trump Jr. said McGurn brings deep media and capital markets experience as Trump Media expands across social media, streaming and financial services.
- 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.
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23 Articles
Trump Media and Technology did not point to a reason for the departure of the former Republican Congressman, nor did it reveal any plans for the appointment of a permanent substitute.
Trump Media CEO Ex-Congressman Devin Nunes Steps Down, Media Veteran Kevin McGurn Named Interim Successor
Trump Media & Technology Group (NASDAQ:DJT) appointed Kevin McGurn as its interim Chief Executive Officer on Tuesday, succeeding former congressman Devin Nunes, who has led the Truth Social parent since 2022. McGurn, a seasoned executive with past roles at Hulu, Vevo, and T-Mobile US Inc. (NASDAQ:TMUS), has been advising Trump Media since December 2024. In a statement, McGurn said the company is "poised to take off." He added that Truth Social …
Associated Press News
Trump media company replaces CEO, ex-congressman Nunes 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 leader of the social media platform after a stock collapse in the past year.
Trump Media & Technology Group Names Former Hulu Exec Kevin McGurn Interim CEO
Trump Media & Technology Group has appointed Kevin McGurn as interim CEO, effective immediately, the company announced Tuesday. McGurn, a longtime executive in the tech and media sector, succeeds Devin Nunes, who led the company for the past four years. McGurn has served as an advisor to Trump Media since December 2024. As interim CEO, he will oversee the company’s strategic initiatives across its three main business lines: Truth Social, its soc…
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