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Meta Names Dina Powell McCormick President and Vice Chair

Dina Powell McCormick will lead Meta’s AI infrastructure strategy, focusing on securing partnerships and financing for $600 billion in planned investments, CEO Mark Zuckerberg said.

  • After serving on the board last year, Dina Powell McCormick joins Meta full-time as president and vice chairman, reporting to CEO Mark Zuckerberg.
  • Her background includes long tenures at top banks and government posts, namely BDT & MSD Partners, a Chicago merchant bank, Goldman Sachs, and senior roles in Republican administrations.
  • Tasked with expanding investment capacity, she will partner with the compute and infrastructure teams to ensure our multi-billion-dollar investments execute against our goals, Meta said.
  • The appointment signals a strategic shift as Meta focuses on building new technology beyond advertising, with Powell McCormick's finance ties boosting its ability to fund AI and infrastructure projects.
  • Linked transactions and her marriage to Sen. David McCormick raise political scrutiny, as Michael Dell was expected among TikTok investors and a 5% stake remains unnamed, Dimon said.
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Mashable broke the news in United States on Saturday, April 12, 2025.
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