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Truth Social ( (DJT) ) just unveiled an announcement.
On April 21, 2026, Trump Media & Technology Group announced that advisor Kevin J. McGurn had been appointed interim chief executive officer, replacing Devin Nunes as principal executive officer and board chair, under a nine‑month employment agreement that includes a substantial monthly salary and time‑based RSU grant. On the same day, the company entered into a separation agreement with Nunes that ended all of his roles, provided salary continuation through September 30, 2026 and accelerated vesting of a portion of his restricted stock units while cancelling his remaining unvested equity.
McGurn, a veteran of Hulu, Vevo, T‑Mobile and multiple SPACs, has been advising Trump Media on social media, streaming and M&A since December 2024 and previously led Yorkville Acquisition Corp., which is party to Trump Media’s planned Cronos‑focused digital asset treasury transaction announced in August 2025. His appointment, along with the April 24, 2026 addition of fund‑raiser Meredith O’Rourke and Trump adviser Boris Epshteyn to the board, signals a leadership reshuffle that deepens the company’s ties to Donald Trump’s political network and capital‑markets intermediaries as it pursues growth across social media, streaming and digital‑asset‑driven financial services.
More about Truth Social
Trump Media & Technology Group Corp., based in Florida and listed on Nasdaq under the ticker DJT, operates in digital media and technology with a strong political and ideological branding focus. The company runs Truth Social, a social media platform positioned as a free-speech alternative to Big Tech networks, the streaming service Truth+, which offers family-friendly live and on-demand TV content, and Truth.Fi, a financial services and fintech brand built around so-called America First investment products.
Through this portfolio, Trump Media targets users and investors who are skeptical of mainstream technology platforms and financial institutions. Its operations span social networking, video streaming and fintech, placing the group at the intersection of media, politics and digital finance while it pursues expansion via mergers, acquisitions and digital-asset-related strategies.
Average Trading Volume: 3,571,440
Technical Sentiment Signal: Sell
Current Market Cap: $2.54B
Learn more about DJT stock on TipRanks’ Stock Analysis page.