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X's new CFO received a presidential pardon during Trump's first term

  • Elon Musk's X has appointed Mahmoud Reza Banki, a former Tubi executive who received a presidential pardon from Donald Trump, as the platform's new chief financial officer.
  • Banki, who previously held the title of chief financial officer and chief strategy officer at streaming service Tubi, is X's first public CFO.
  • He received a pardon from President Trump in 2021 for charges connected to making false statements and sanctions violations against Iran.
  • X is currently facing financial challenges, including declining ad revenue and a significant drop in value.

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