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

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.

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.

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 they include allegations of misuse of funds, hiring of foreign contractors and interfering with product development.

Since it launched in 2021, the company has become a speculation-fueled meme stock, but its actual business has generated virtually no revenue and Truth Social has not emerged as a serious competitor to the major social media platforms.

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