US EditionMeta 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.
155 Articles
155 Articles
Zuckerberg names ex-White House deputy Meta's new president — and Trump LOVES it
A former member of the Donald Trump administration is set to take over Meta as president and vice chairman.The appointment means an official from the president's first administration will now be in charge of the massive social media platforms Facebook, Instagram, and Threads.'She is a fantastic, and very talented, person, who served the Trump Administration with strength and distinction!'Mark Zuckerberg's Meta announced on Monday that it has cal…
Meta hires ex-Trump adviser to oversee AI buildout
Meta on Monday tapped a former Donald Trump adviser as its president and vice chair as the tech giant pours more capital into its AI ambitions. Dina Powell McCormick, a Goldman Sachs veteran who cultivated ties with Middle East sovereign wealth funds, is set to oversee Meta’s $600 billion infrastructure buildout over the next decade. Her appointment suggests Meta could follow other tech companies, including Nvidia and OpenAI, in pursuing AI-rela…
Meta, the owner of Facebook, named Dina Powell McCormick, ex-advisor of the Trump administration and long-standing financial executive, as president and vice president of the technological giant. Powell McCormick was on the board of directors of Meta, where, according to the company, she actively participated in accelerating the momentum of artificial intelligence across all its platforms. In her new management position, Meta states that Powell …
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