Trump Media COO Resigns As Former President's Social Media Platform Is Set To Release Nearly 800,000 Shares To An Early Investor

Benzinga 2024-10-04

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Trump Media Chief Operating Officer Andrew Northwall resigned in late September, according to a regulatory filing. The company offered no reason for Northwall's departure. In the same filing, Trump Media announced it would release nearly 800,000 shares worth over $12 million to an early investor following a court ruling. The Delaware Chancery Court determined that Trump Media breached an agreement with ARC Global Investments, ordering the release of shares held in escrow.

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