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Sunday, November 24, 2024

Top Execs Exit Trump Media Amid Allegations of CEO’s Mismanagement and Retaliation - ProPublica

Several people involved with the former president’s company, operator of Truth Social, believe the departures were retaliation following internal complaints about CEO Devin Nunes to the company board.

by Robert Faturechi, Justin Elliott and Alex Mierjeski Oct. 3, 7:25 p.m. EDT

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Former President Donald Trump’s media company has forced out executives in recent days after internal allegations that its CEO, former Rep. Devin Nunes, is mismanaging the company, according to interviews and records of communications among former employees.

Several people involved with Trump Media believe the ousters are retaliation following what they describe as an anonymous “whistleblower” complaint regarding Nunes that went to the company’s board of directors.

The chief operating officer and chief product officer have left the company, along with at least two lower-level staffers, according to interviews, social media posts and communications between former staffers reviewed by ProPublica. The company, which runs the social media platform Truth Social, disclosed the departure of the chief operating officer in a securities filing Thursday afternoon.

ProPublica has not seen the whistleblower complaint. But several people with knowledge of the company said the concerns revolve around alleged mismanagement by Nunes. One person said...



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