Meta Platforms Inc. has announced the strategic appointment of Dina Powell McCormick, a seasoned banking executive and former Trump administration official, as its new President and Vice Chairman. The move signals a significant corporate realignment as the technology conglomerate accelerates its artificial intelligence infrastructure investments.
Founder and CEO Mark Zuckerberg emphasized Powell McCormick’s unique qualifications for navigating Meta’s next growth phase, citing her extensive experience in global finance and international relations. Her appointment transitions her from Meta’s board of directors to a central operational role within the management team.
In her expanded capacity, Powell McCormick will assume responsibility for Meta’s comprehensive AI infrastructure strategy, overseeing multi-billion-dollar investments in data centers and energy systems. A critical aspect of her role will involve forging partnerships with governments and sovereign wealth funds, particularly from the Middle East, which have emerged as crucial financiers in the global AI infrastructure race.
Powell McCormick brings sixteen years of Goldman Sachs partnership experience, where she served on the management committee and led global sovereign investment banking. Most recently, she worked at BDT & MSD Partners, a financial advisory firm involved in securing U.S. investors for TikTok.
The appointment continues Zuckerberg’s recent political alignment with conservative figures and policies, marking another high-profile Republican addition following Sheryl Sandberg’s departure in 2022. Former President Donald Trump publicly endorsed the selection, praising Powell McCormick’s service in his administration where she served as Deputy National Security Advisor shaping foreign policy.
Powell McCormick is married to Pennsylvania Republican Senator Dave McCormick, further cementing her connections within conservative political circles. Her hiring reflects Meta’s intensified focus on securing the substantial capital required to compete in the increasingly expensive AI infrastructure landscape against other tech giants.