Former GOP Rep Devin Nunes Suddenly Departs Role As CEO Of Truth Social Parent Company
Devin Nunes has stepped down as CEO of Trump Media & Technology Group, the parent company of Truth Social. Nunes will be replaced by Kevin McGurn as interim CEO.
Trump Media & Technology Group announced that Devin Nunes is no longer its CEO. Nunes will be replaced by Kevin McGurn, an adviser at the company, as interim CEO. The change comes after the company reported a net loss of over $712 million and revenues of $3.7 million in 2025. Nunes became CEO after stepping down from Congress in 2021 and said it was an 'appropriate time' for McGurn to take over. The company's stock has declined by more than 75% since Trump's second inauguration. Donald Trump Jr., who sits on the Board of Directors, thanked Nunes for his service and congratulated McGurn on his appointment.
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