Dina Powell McCormick, vice chair of BDT and MSD Partners, at the Qatar Economic Forum (QEF) in Doha, Qatar, on Wednesday, May 15, 2024.
Christopher Pike | Bloomberg | Getty Images
Meta on Monday announced it has appointed DinaPowellMcCormick as its presidentandvicechairman.
Powell McCormickjoinedMeta’s board in April but resigned in December, according to a filing with the U.S. Securities and Exchange Commission.
In her new role, Meta said PowellMcCormick will serve as a member of the company’s management team and will help guide its strategy and execution.
“Dina’s experience at the highest levels of global finance, combined with her deep relationships around the world, makes her uniquely suited to help Meta manage this next phase of growth as the company’s President and Vice Chairman,” Meta CEO Mark Zuckerberg said in a statement.
Prior to joining Meta, Powell McCormick served as deputy national security advisor to President Donald Trumpand served under Secretary of State Condoleezza Rice in President George W. Bush’s administration.
Powell McCormick is the second former member of the Trump administration that Meta has hired in recent weeks.
The company said earlier this month that it has hired a new chief legal officer, Curtis Joseph Mahoneywho previously served as a deputy U.S. trade representative during Trump’s first term.
“Congratulations to DINA POWELL MCCORMICK, WHO HAS JUST BEEN NAMED THE NEW PRESIDENT OF META. A great choice by Mark Z!!! She is a fantastic, and very talented, person, who served the Trump Administration with strength and distinction!,” Trump wrote in a post on his social media platform Truth Social on Monday.
Powell McCormick also spent 16 years in senior leadership roles at Goldman Sachs, and most recently acted as an executive at BDT & MSD Partners.
Hours after Meta announced Powell McCormick’s role, Zuckerberg unveiled a new artificial intelligence infrastructure initiative at the company called Meta Compute.
Meta has poured billions of dollars into datacenter buildouts in recent years as it races to keep up with AI rivals like GoogleOpenAI and Anthropic.
“Meta is planning to build tens of gigawatts this decade, and hundreds of gigawatts or more over time,” Zuckerberg wrote in a post on Threads on Monday. “How we engineer, invest, and partner to build this infrastructure will become a strategic advantage.”
Zuckerberg said the effort will be led by Santosh Janardhan, who builds and operates Meta’s global datacenter fleet and network, and Daniel Gross, who will lead a new group responsible for long-term capacity strategy and planning.
Janardhan and Gross will work closely with Powell McCormick, who will help partner with “governments and sovereigns to build, deploy, invest in, and finance Meta’s infrastructure,” Zuckerberg said.
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