Meta, the parent company of Facebook, has announced the appointment of Dina Powell McCormick as its new president and vice chairman. Powell McCormick’s background includes prominent roles in finance and government, most notably as an adviser during former President Donald Trump’s administration.
Before assuming this new leadership position, Powell McCormick served as a director on Meta’s board, where she was actively involved in accelerating the company’s development of artificial intelligence technologies across its platforms. In her expanded executive role, she is expected to guide Meta’s overarching strategy and oversee the implementation of multi-billion-dollar investment projects that align with the company’s future ambitions.
The announcement made on Monday drew a swift endorsement from former President Trump, who in a post on his social media site Truth Social, praised Meta CEO Mark Zuckerberg’s selection, describing it as a “great choice.” Trump also highlighted Powell McCormick’s service to his administration, noting her strength and distinction in that capacity.
Mark Zuckerberg expressed confidence in Powell McCormick’s capabilities, emphasizing her extensive global finance experience and her strong international relationships as assets that will uniquely position her to contribute to Meta's continued expansion and success.
Powell McCormick’s career spans service in two U.S. presidential administrations and a tenure at the Republican National Committee. She held national security advisory roles at the onset of Trump’s first term, and previous positions within the White House and the Office of the Secretary of State during President George W. Bush’s administration. She is married to U.S. Senator David McCormick, who himself held senior roles in the Commerce and Treasury departments under President Bush before transitioning to lead a prominent hedge fund.
In addition to her political experience, Powell McCormick has a substantial corporate finance background. She spent 16 years in senior leadership roles at Goldman Sachs and was most recently vice chair, president, and head of global client services at the merchant banking firm BDT & MSD Partners. Her corporate governance experience also includes board memberships at major companies such as Exxon Mobil.
Records indicate that Powell McCormick resigned from Meta’s board last December, approximately eight months after first joining as a director, setting the stage for her current leadership appointment.
Her elevation to Meta’s senior management comes amid the company’s broader initiative to enhance its relationship with Donald Trump, who had previously faced a ban on Facebook platforms. Zuckerberg, aligning with other leading tech executives, has engaged directly with Trump at the White House and reiterated his commitment to significant U.S. investments totaling hundreds of billions of dollars. Notably, Meta also recently added Dana White, CEO of the Ultimate Fighting Championship and another figure associated with Trump circles, to its board.