{"id":110248,"date":"2024-10-04T09:45:57","date_gmt":"2024-10-04T02:45:57","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=110248"},"modified":"2024-10-04T09:45:57","modified_gmt":"2024-10-04T02:45:57","slug":"top-trump-media-execs-ousted-as-ceo-devin-nunes-faces-mismanagement-allegations-propublica","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=110248","title":{"rendered":"Top Trump Media Execs Ousted as CEO Devin Nunes Faces Mismanagement Allegations \u2014 ProPublica"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div data-pp-location=\"article body\">\n<div class=\"article-body__top-notes\" data-pp-location=\"top-note\">\n<div class=\"article-body__note article-body__note--newsletter\" id=\"newsletter-txt-note\">\n<p>ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive <a href=\"https:\/\/www.propublica.org\/newsletters\/the-big-story?source=www.propublica.org&amp;placement=top-note&amp;region=national\">our biggest stories<\/a> as soon as they\u2019re published.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p><!-- end .article-body__top-notes --><\/p>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"1.0\">Former President Donald Trump\u2019s 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.<\/p>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"2.0\">Several people involved with Trump Media believe the ousters are retaliation following what they describe as an anonymous \u201cwhistleblower\u201d complaint regarding Nunes that went to the company\u2019s board of directors.<\/p>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"3.0\">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.<\/p>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"5.0\">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.<\/p>\n<aside class=\"bb-ad full | hide-print\">\n<\/aside>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"7.0\"><a href=\"https:\/\/www.documentcloud.org\/documents\/25184573-tmtg-statement-10-3-24\">In a statement<\/a>, a spokesperson for Trump Media did not answer specific questions but said that ProPublica\u2019s inquiry to the company \u201cutterly fabricates implications of improper and even illegal conduct that have no basis in reality.\u201d<\/p>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"8.0\">\u201cThis 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,\u201d the statement said, adding that \u201cTMTG strictly adheres to all laws and applicable regulations.\u201d<\/p>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"9.0\">Trump Media\u2019s board comprises a set of powerful figures in Trump\u2019s 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 Trump\u2019s transition planning committee.<\/p>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"11.0\">Nunes was named CEO of the company in 2021, with Trump hailing him as \u201ca fighter and a leader\u201d who \u201cwill make an excellent CEO.\u201d As a member of Congress, Nunes was known as one of Trump\u2019s staunchest loyalists.<\/p>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"12.0\">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.<\/p>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"13.0\">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.<\/p>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"14.0\">On Thursday afternoon, <a href=\"https:\/\/truthsocial.com\/@northwall\/posts\/113245382730125655\">Northwall posted on Truth Social<\/a> announcing he had \u201cdecided to resign from my role at Trump Media,\u201d adding that he was \u201cincredibly grateful\u201d to Trump and Nunes \u201cfor this opportunity.\u201d<\/p>\n<aside class=\"bb-ad full | hide-print\">\n<\/aside>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"16.0\">\u201cAs I step back, I look forward to focusing more on my family and returning to my entrepreneurial journey,\u201d the statement said.<\/p>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"16.1\">De Moraes now identifies himself on <a href=\"https:\/\/truthsocial.com\/@sparta\">his Truth Social bio<\/a> as the \u201cFormer Chief Product Officer\u201d of the company.<\/p>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"16.2\">Some word of the departures became public earlier this week when former Trump Media employee Alex Gleason said in a social media post that \u201cTruth Social in shambles. Many more people fired.\u201d<\/p>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"17.0\">Trump personally owns nearly 60% of the company. That stake, even after a recent decline in the company\u2019s stock price, is worth nearly $2 billion on paper, a significant chunk of Trump\u2019s fortune. <a href=\"https:\/\/apnews.com\/article\/trump-media-stock-truth-social-48dee7c7dea94caf1a7c03eb13bc4d75\">He said last month<\/a> he was not planning to sell his shares. What role Trump plays, if any, in the day-to-day operations of the company is not clear.<\/p>\n<aside data-pp-id=\"18\" data-pp-blocktype=\"promo\" data-pp-location=\"story promo\" dir=\"ltr\" class=\"bb-promo-story story-promo-group size04 right out02 wide-sm wrap | hide-print\">\n<p>        <a href=\"https:\/\/www.propublica.org\/article\/climate-change-migration-hurricane-helene\" class=\"story-promo section-articles\"><\/p>\n<div class=\"story-promo__art\">\n                        <img loading=\"lazy\" decoding=\"async\" class=\"lazyload\" alt=\"\" src=\"data:image\/svg+xml;charset=utf-8,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%271%27%20height%3D%271%27%20style%3D%27background%3Atransparent%27%2F%3E\" width=\"75\" height=\"75\" data-sizes=\"auto\" data-srcset=\"https:\/\/img.assets-d.propublica.org\/v5\/images\/GettyImages-2174219269_maxWidth_3000_maxHeight_3000_ppi_72_quality_95_embedColorProfile_true.jpg?crop=focalpoint&amp;fit=crop&amp;fp-x=0.5&amp;fp-y=0.5&amp;h=75&amp;q=70&amp;w=75&amp;s=4ea515208ec84590d8d96efca969d941 75w, https:\/\/img.assets-d.propublica.org\/v5\/images\/GettyImages-2174219269_maxWidth_3000_maxHeight_3000_ppi_72_quality_95_embedColorProfile_true.jpg?crop=focalpoint&amp;fit=crop&amp;fp-x=0.5&amp;fp-y=0.5&amp;h=150&amp;q=70&amp;w=150&amp;s=206d53aeef40605366fa937ec81b01f8 150w, https:\/\/img.assets-d.propublica.org\/v5\/images\/GettyImages-2174219269_maxWidth_3000_maxHeight_3000_ppi_72_quality_95_embedColorProfile_true.jpg?crop=focalpoint&amp;fit=crop&amp;fp-x=0.5&amp;fp-y=0.5&amp;h=400&amp;q=70&amp;w=400&amp;s=c3c390364db481b7f3437f4d160b6df8 400w\"\/>\n                    <\/div>\n<p>\n                <strong class=\"story-promo__hed\">Who Will Care for Americans Left Behind by Climate Migration?<\/strong>\n                            <\/p>\n<p>        <\/a><\/p>\n<\/aside>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"19.0\">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.<\/p>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"20.0\">Among Nunes\u2019 moves as CEO, as ProPublica has reported, was inking a large streaming TV deal <a href=\"https:\/\/www.propublica.org\/article\/trump-media-truth-social-jedtec-james-davison-conflict-of-interest\">with several obscure firms<\/a>, including one controlled by a major political donor. He also <a href=\"https:\/\/www.propublica.org\/article\/trump-media-ceo-devin-nunes-north-macedonia-truthsocial-hristijan-mickoski\">traveled to the Balkans<\/a> over the summer and met with the prime minister of North Macedonia, a trip whose purpose was never publicly explained by the company.<\/p>\n<p data-pp-blocktype=\"copy\" data-pp-id=\"21.0\">Trump Media has <a href=\"https:\/\/www.documentcloud.org\/documents\/25184419-tmtg-whistleblower-policy\">a formal whistleblower policy<\/a>, adopted when the company went public in March, that encourages employees to report illegal activity and other \u201cbusiness conduct that damages the Company\u2019s good name\u201d and business interests.<\/p>\n<div class=\"article-body__bottom-notes\" data-pp-location=\"bottom-note\">\n<div class=\"article-body__note article-body__note--tips-callout\" data-pp-location=\"bottom-note\" data-pp-view=\"\" data-pp-category=\"get involved\">\n<p>Do you have any information about Trump Media that we should know? Robert Faturechi can be reached by email at <a href=\"http:\/\/www.propublica.org\/cdn-cgi\/l\/email-protection#087a676a6d7a7c266e697c7d7a6d6b606148787a67787d6a64616b6926677a6f\"><span class=\"__cf_email__\" data-cfemail=\"6f1d000d0a1d1b41090e1b1a1d0a0c07062f1f1d001f1a0d03060c0e41001d08\">[email\u00a0protected]<\/span><\/a> and by Signal or WhatsApp at 213-271-7217. Justin Elliott can be reached by email at <a href=\"https:\/\/www.propublica.org\/article\/justin@propublica.org\"><span class=\"__cf_email__\" data-cfemail=\"92f8e7e1e6fbfcd2e2e0fde2e7f0fefbf1f3bcfde0f5\">[email\u00a0protected]<\/span><\/a> or by Signal or WhatsApp at 774-826-6240.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p><!-- end .article-body__bottom-notes --><\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.propublica.org\/article\/trump-media-truth-social-executives-ousted-devin-nunes\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they\u2019re published. Former President Donald Trump\u2019s media company has forced &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=110248\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-110248","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/110248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=110248"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/110248\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=110248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=110248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=110248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}