Meta names Dina Powell McCormick president and vice chairman

Meta appointed former Goldman Sachs executive and Trump national security adviser Dina Powell McCormick as president and vice chairman, a seat on its management team. Meta said she will help guide overall strategy and work with the compute and infrastructure teams on large data center and energy investments. She also takes on securing new strategic capital partnerships, which matters while Meta funds record capex.

• Title: President and Vice Chairman, a member of the management team
• Works with compute and infrastructure teams on large data center investments
• Tasked with new strategic capital partnerships to expand investment capacity
• Had resigned from Meta's board weeks before the appointment; previously 16 years at Goldman Sachs