Mehta adds Trump advisor Dina Powell McCormick as chairman and vice chairman

Dina Powell McCormick, Vice Chair of BDT and MSD Partners, spoke at the Qatar Economic Forum (QEF) in Doha, Qatar, on Wednesday, May 15, 2024.

Christopher Pike Bloomberg | Getty Images

meta The company announced Monday that it has appointed Dina Powell McCormick as president and vice chairman.

Powell McCormick I participated This is April’s meta board. resigned According to December filing Cooperation with the U.S. Securities and Exchange Commission.

Mr. Mehta said Mr. Powell McCormick will serve as a member of the company’s executive team, guiding strategy and execution.

“Dina’s experience at the highest levels of global finance, coupled with her deep relationships around the world, makes her uniquely suited to help manage Meta’s next phase of growth as President and Vice Chairman,” said Meta’s CEO. mark zuckerberg said in a statement.

Prior to joining Meta, Powell McCormick served as the President’s Vice President for National Security. donald trumpserved under Secretary of State Condoleezza Rice in the administration of President George W. Bush.

Powell McCormick is the second former member of the Trump administration to be hired by Meta in recent weeks.

The company announced earlier this month that it had hired a new chief legal officer. curtis joseph mahoneyserved as Deputy U.S. Trade Representative during President Trump’s first term.

“Congratulations to Dina Powell McCormick, who was just named Meta’s new president. What a great choice by Mark Z!!! She is an amazing and extremely talented person who served the Trump administration with strength and accomplishments!,” Trump posted. post on his social media platform Truth Social on Monday.

Mr. Powell McCormick spent 16 years in senior management positions at Goldman Sachs, most recently as an executive at BDT & MSD Partners.

Hours after Mehta announced Powell McCormick’s role, Zuckerberg announced his new role. artificial intelligence An infrastructure initiative from a company called Meta Compute.

Meta has poured billions of dollars into expanding its data centers in recent years as it races to keep up with AI rivals such as: googleOpenAI and Anthropic.

“Meta plans to build tens of gigawatts over the next decade, and hundreds of gigawatts or more over the long term,” Zuckerberg wrote. post In Monday’s thread. “How we design, invest and partner to build this infrastructure will be a strategic advantage.”

Zuckerberg said the effort will be led by Santosh Janardhan, who builds and operates Meta’s global data center fleet and network, and Daniel Gross, who will lead a new group responsible for long-term capacity strategy and planning.

Zuckerberg said 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.”

clock: Meta’s Aggressive AI Moves: Here’s What You Need to Know

Mehta adds Trump advisor Dina Powell McCormick as chairman and vice chairman

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