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International Business Times UK
International Business Times UK
World
Glory Moralidad

Trump's Media Gets New CEO After Stock Collapses, $6B Lost: Nunes Out, McGurn In, For 'Most Powerful Brand'

Donald Trump Donald Trump Jr. Eric Trump Kevin McGurn Devin Nunes Trump Media Truth Social Company the White House White House
Trump Media replaces CEO Devin Nunes after a 67% stock plunge wiped out $6 billion, raising fresh questions over Truth Social’s future. (Credit: Truth Social, Wikimedia Commons)

Donald Trump's media venture behind Truth Social has swapped out its chief executive at a moment when confidence is thinning, and losses are impossible to ignore. The leadership change lands after a brutal stock slide that erased billions and exposed the limits of a platform built on political momentum.

Leadership Reset After A Costly Slide

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