StockWatch
·
Computer Software: Programming, Data Processing
Management ChangeApr 24, 2026, 04:56 PM

Trump Media Names Kevin McGurn Interim CEO; Nunes Departs

AI Summary

Trump Media & Technology Group Corp. announced that Devin Nunes has departed from his roles as Chief Executive Officer, officer, director, and Chairman of the board, effective April 21, 2026. Kevin J. McGurn has been appointed as the Interim Chief Executive Officer. Pursuant to a separation agreement, Mr. Nunes will receive his base salary through September 30, 2026, and 96,721 restricted stock units will vest immediately.

Key Highlights

  • Devin Nunes ceased to be CEO, officer, director, and Chairman as of April 21, 2026.
  • Kevin J. McGurn appointed Interim Chief Executive Officer.
  • Nunes to receive base salary continuation through September 30, 2026.
  • 96,721 time-based restricted stock units (RSUs) granted to Nunes on August 6, 2025, will vest immediately.