Meta Taps Dina Powell McCormick as New President

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Meta, the parent company of Facebook, has appointed Dina Powell McCormick as its new president and vice chairman. Powell McCormick, known for her role as a former adviser to US President Donald Trump and her extensive finance background, is set to play a pivotal part in steering Meta's strategic direction and overseeing multi-billion-dollar investments. Her appointment is part of Meta's increasing effort to strengthen its leadership team as it continues its rapid evolution in the tech industry.

Powell McCormick has been a member of Meta's board of directors, where she contributed significantly to the company's push into artificial intelligence across its platforms. Her experience includes pivotal roles in two presidential administrations, as a national security adviser during Trump’s tenure, and positions within President George W. Bush's administration. She also brings a robust finance background, having worked in senior leadership at Goldman Sachs for 16 years and most recently serving as vice chair and president at BDT & MSD Partners.

Trump, who praised Mark Zuckerberg's decision as CEO of Meta, responded enthusiastically to the announcement. Trump's endorsement highlighted Powell McCormick's extensive tenure in his administration. Zuckerberg expressed confidence in her abilities, citing her global finance experience and extensive international relationships as key assets for Meta's future growth.

Looking ahead, Powell McCormick's role comes at a crucial time for Meta, as the company seeks to expand its influence and maintain its competitive edge. Her appointment coincides with a broader effort to reinforce Meta's connections with high-profile figures, such as recent board appointments with Dana White, CEO of the Ultimate Fighting Championship, which emphasises the company's strategy of aligning with influential personalities.

Key Takeaways:

• Dina Powell McCormick is appointed as president and vice chairman of Meta.

• Her background includes key roles in Trump's and Bush's administrations, along with extensive finance experience.

• The appointment signifies Meta’s strategic efforts to bolster leadership.

Adapted by ASEAN Now from ABC News 2026-01-13