04-10-24, 12:37
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Top Execs Exit Trump Media Due to CORRUPTION & Allegations of 'Misuse' of Funds
Top Execs Exit Trump Media Amid Allegations of Devin Nunes' Mismanagement and Retaliation
They Include CORRUPTION & Allegations of 'Misuse' of Funds
MSNRAW 4 OCT 2024
Devin Nunes
Trumps 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 companys 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 they include allegations of misuse of funds, hiring of foreign contractors and interfering with product development.
In a statement, a spokesperson for Trump Media did not answer specific questions but said that ProPublicas inquiry to the company utterly fabricates implications of improper and even illegal conduct that have no basis in reality.
This story is the fifth consecutive piece in an increasingly absurd campaign by ProPublica, likely at the behest of political interest groups, to damage TMTG based on false and defamatory allegations and vague innuendo, the statement said, adding that TMTG strictly adheres to all laws and applicable regulations.
Trump Medias board comprises a set of powerful figures in Trumps world, including his son Donald Trump Jr., former U.S. Trade Representative Robert Lighthizer and the businesswoman Linda McMahon, a major donor and current co-chair of Trumps transition planning committee.
THREATENING STARE
Nunes was named CEO of the company in 2021, with Trump hailing him as a fighter and a leader who will make an excellent CEO.
As a member of Congress, Nunes was known as one of Trumps staunchest loyalists.
After the internal allegations about Nunes were made at Trump Media, the company enlisted a lawyer to investigate and interview staffers, according to a person with knowledge of the company.
Then, last week, some employees who were interviewed by the lawyer were notified they were being pushed out, the person said. The employees being pushed out include a human relations director and a product designer, along with Chief Operating Officer Andrew Northwall and Chief Product Officer Sandro De Moraes.
The person with knowledge of the company said Trump Media asked the employees to sign an agreement pledging not to make public claims of wrongdoing against the company in exchange for severance.
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