Trump media company replaces ex-congressman Nunes as CEO after stock plunge that wiped out billions - AP News
Devin Nunes is being replaced as CEO of Truth Social following a massive decline in the company's stock value.
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411 stories · 96.5–97.3 · updated Sep 25, 2026
This article1 analysis · Apr 22, 2026
SOURCEAssociated Press
Published Apr 22, 2026
tl;dr
Devin Nunes is stepping down as CEO of Trump Media & Technology Group following a 67% stock plunge that erased $6 billion in investor wealth, with digital executive Kevin McGurn taking over as interim leader.
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ALSO MENTIONED Donald Trump Jr., Executive at the Trump Organization
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