Meta named Dina Powell McCormick, a former Trump administration adviser and longtime finance executive, as president and vice chairman of the tech giant, the company said Monday.
In announcing the appointment, Meta said Powell McCormick previously served on Meta’s board of directors, where the company noted she was “deeply engaged” in accelerating its artificial intelligence push across platforms. In the new management role, Meta said Powell McCormick will help guide the company’s overall strategy, including the execution of multi-billion-dollar investments.
The news quickly drew praise from President Donald Trump. In a post on his Truth Social platform, Trump called the move a “great choice” by Meta CEO Mark Zuckerberg and said Powell McCormick had “served the Trump Administration with strength and distinction.”
Zuckerberg also weighed in publicly, saying 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.
Powell McCormick has previously held roles across U.S. government and Republican politics, according to the report. The AP said she is a veteran of two presidential administrations and the Republican National Committee, and that she worked as a national security adviser at the start of Trump’s first term. The AP also said she held roles in the White House and in the Secretary of State’s office under President George W. Bush.
The AP report said Powell McCormick is married to U.S. Sen. David McCormick, who has held high-level positions in the Commerce and Treasury departments under Bush before joining hedge fund Bridgewater Associates and rising to become CEO.
The AP said Powell McCormick has a long record in finance as well. It reported that she spent 16 years in senior leadership at Goldman Sachs, most recently as vice chair, president and head of global client services at merchant bank BDT & MSD Partners. The report also cited additional corporate board roles, including at oil giant Exxon Mobil.
Meta’s appointment arrived, the AP said, amid broader efforts by the California-based company to boost ties with Trump, who was once banned from Facebook. The report said Zuckerberg has dined with Trump at the White House and doubled down on U.S. investment promises worth hundreds of billions of dollars, and that Meta last year appointed Ultimate Fighting Championship CEO Dana White to its board.
Separately, the AP reported that Powell McCormick had previously resigned from Meta’s board in December, eight months after joining as a director, according to a securities filing.