"Facebook owner Meta has named Dina Powell McCormick, a former Trump administration adviser and longtime finance executive, as president and vice chairman of the tech giant. Powell McCormick previously served on Meta's board of directors - where, the company notes, she was "deeply engaged" in accelerating its artificial intelligence push across platforms. In her new management role, Meta says Powell McCormick will help guide its overall strategy, including the execution of multi-billion-dollar investments."
"The news, announced Monday, quickly gained the applause of U.S. President Donald Trump. In a post on his social media platform Truth Social, the Republican president said the move was a "great choice" by Meta CEO Mark Zuckerberg - and noted that Powell McCormick had "served the Trump Administration with strength and distinction." Zuckerberg said in a statement that Powell McCormick's experience in global finance, "combined with her deep relationships around the world," made her "uniquely suited to help Meta" in its future growth."
Dina Powell McCormick will serve as president and vice chairman of Meta, tasked with guiding overall strategy and overseeing multi‑billion‑dollar investments. She previously served on Meta's board and was described as deeply engaged in accelerating artificial intelligence across platforms. The appointment drew public praise from U.S. President Donald Trump. Mark Zuckerberg cited her global finance experience and international relationships as assets for Meta's future growth. Powell McCormick served in two presidential administrations and the Republican National Committee, held White House and State Department roles, and spent 16 years at Goldman Sachs before joining BDT & MSD Partners and several corporate boards including Exxon Mobil.
Read at Fast Company
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