SARASOTA, Fla., April  21, 2026  (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (NASDAQ:DJT) (&#34;Trump Media&#34; or the &#34;Company&#34;), operator of the social media platform Truth Social, the video streaming service

Trump Media & Technology Group Appoints Kevin McGurn as Interim Chief Executive Officer

Trump Media Names New Interim CEO Amid Strategic Initiatives

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>SARASOTA, Fla., April  21, 2026  (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (NASDAQ:DJT) (&amp;#34;Trump Media&amp;#34; or the &amp;#34;Company&amp;#34;), operator of the social media platform Truth Social, the video streaming service</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Trump Media and Technology Group has appointed Kevin McGurn as Interim CEO, effective immediately. This leadership change may significantly affect the company&#039;s strategic direction, particularly in social media and streaming, impacting investor sentiment and operational performance over the coming months.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Kevin McGurn appointed Interim CEO of Trump Media immediately.</li><li>McGurn succeeds Devin Nunes, focusing on strategic growth.</li><li>Trump Media operates Truth Social, Truth+, and Truth.Fi services.</li><li>Company aims to counter Big Tech censorship with its platforms.</li><li>Investor responses may vary based on leadership change impact.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Trump Media and Technology Group (DJT)</strong>: New leadership could realign company strategy and enhance market positioning.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under Corporate Developments as it involves a leadership change. Such transitions can significantly impact operational strategy and investor confidence, making it critical for DJT&#039;s ongoing performance assessment.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Appointment of Kevin McGurn suggests renewed strategic focus and potential performance improvements.</li><li>Investors may respond positively to McGurn&#039;s extensive media and technology experience.</li><li>Success of Truth Social and Truth+ could drive revenue growth under new leadership.</li><li>Market sentiment may fluctuate as the company outlines future strategic priorities.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Kevin McGurn has over two decades of leadership experience.</li><li>Devin Nunes served as CEO for four years.</li><li>Trump Media aims to counter Big Tech&#039;s censorship.</li><li>Truth Social launched as a social media alternative.</li><li>Truth+ focuses on family-friendly streaming content.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider a bullish position on DJT over next quarter as new CEO aligns company strategy.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="left">SARASOTA, Fla., April  21, 2026  (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/DJT">DJT</a>) ("Trump Media" or the "Company"), operator of the social media platform Truth Social, the video streaming service Truth+, and the financial services and FinTech brand Truth.Fi, today announced the appointment of Kevin J. McGurn as Interim Chief Executive Officer ("CEO"), effective immediately.</p>  <p>McGurn, who has served as an advisor to Trump Media since December 2024, will succeed current CEO Devin Nunes, and will lead the Company's strategic initiatives across social media, streaming, and mergers and acquisitions. McGurn is a seasoned executive with more than two decades of leadership experience across digital media, streaming, telecommunications, and advertising technology. He has held senior leadership roles at major media and technology companies and has advised organizations on strategic growth, platform development, and corporate transactions.</p>  <p>"I want to thank Devin Nunes for his dedicated service to the Company over the past four years, and congratulate Kevin McGurn on his appointment as Interim CEO," said Donald Trump Jr. on behalf of the Board of Directors. "Kevin brings deep experience across media, technology, and capital markets, as well as a strong understanding of Trump Media's operations and strategic priorities. His familiarity with the Company and alignment with our leadership team uniquely position him to guide Trump Media through this important period."</p>  <p><strong>About TMTG</strong><br></br>The mission of Trump Media is to end Big Tech&#39;s s assault on free speech by opening up the Internet and giving people their voices back. Trump Media operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations; Truth+, a TV streaming platform focusing on family friendly live TV channels and on-demand content; and Truth.Fi, a financial services and FinTech brand incorporating America First investment vehicles.</p>  <p><strong>Investor Relations Contact</strong><br></br>Shannon Devine (MZ Group &#x7C; Managing Director - MZ North America) Email: <a href="https://www.globenewswire.com/Tracker?data=sQUtJOhRatRadAcbjxz6krm6HwzeDSdjc0tfYoTQ5f6cs69KEi9YlKlF3lDXYV1IJ25Z-oMMJl8ONZ4YYu29UX6v0RxsRfjtws841oEiglnMDcdsZ48GaGZCpXFYzxqx" rel="nofollow" target="_blank">shannon.devine@mzgroup.us</a></p>  <p><strong>Media Contact</strong><br></br><a href="https://www.globenewswire.com/Tracker?data=Omk665r_17ipNW2YyXpo5_rRPLp6xb1l0fz0SRcoB0pPju5y4OxUa0oAuSDDvBRxOkiDb28NvZelAT9lsODAm1UMiHrCRwBblcQBxZMQ85I=" rel="nofollow" target="_blank">press@tmtgcorp.com</a></p>  <p><strong>Cautionary Statement About Forward-Looking Statements</strong></p>  <p>This press release includes forward-looking statements regarding, among other things, the plans, strategies, and prospects, both business and financial, of Trump Media. We have based these forward-looking statements on our current expectations and projections about future events, including expected potential merger &amp; acquisition activity, the rollout of products and features, our Bitcoin treasury strategy, the future plans, timing and potential success of the streaming services and the launch and success of our financial services and FinTech platform. Although we believe that our plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words &#34;believes,&#34; &#34;estimates,&#34; &#34;expects,&#34; &#34;projects,&#34; &#34;forecasts,&#34; &#34;may,&#34; &#34;will,&#34; &#34;should,&#34; &#34;seeks,&#34; &#34;plans,&#34; &#34;scheduled,&#34; &#34;anticipates,&#34; &#34;soon,&#34; &#34;goal,&#34; &#34;intends,&#34; or similar expressions. Forward-looking statements are not guarantees of future performance, and involve risks, uncertainties and assumptions that may cause our actual results to differ materially from the expectations that we describe in our forward-looking statements. There may be events in the future that we are not accurately able to predict, or over which we have no control.</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY5NDQ2OSM3NTQ4NjcxIzIyMjUyMDg="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ZTc2M2MyOGEtM2RjYi00ZWYxLWI3MWItNWY0YTcyMzhiNzg4LTEyMzY3NjEtMjAyNi0wNC0yMS1lbg==/tiny/Trump-Media-Technology-Group.png" referrerpolicy="no-referrer-when-downgrade"></img>

Trump Media and Technology Group has appointed Kevin McGurn as Interim CEO, effective immediately. This leadership change may significantly affect the company's strategic direction, particularly in social media and streaming, impacting investor sentiment and operational performance over the coming months.

Trump Media & Technology Group Appoints Kevin McGurn as Interim Chief Executive Officer

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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