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Meta appoints ex-Trump and Bush official as its new president and vice chairman

Meta has appointed Dina Powell McCormick, a banking executive and former Republican White House official, as its new president and vice-chairman. The company said McCormick will help guide its overall strategy and execution as a part of the management team.“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,” said Meta Founder and CEO Mark Zuckerberg.McCormick was a partner at Goldman Sachs and ran its Global Sovereign investment banking business. She was most recently vice chair, president and head of global client services at merchant bank BDT & MSD Partners. McCormick was also deputy national security advisor to President Donald Trump during his first term and held several roles during the George W. Bush administration, including assistant secretary of state for Secretary of State Condoleezza Rice. She is married to Sen. Dave McCormick (R-PA).Meta’s new president joined the company’s board last April, but she resigned in December. Just a few weeks later, McCormick has taken on a higher-profile role at Meta. McCormick is the second former Trump official that Meta has appointed to a prominent role this month. Last week, the company hired Curtis Joseph Mahoney, who was most recently a corporate vice president and general counsel at Microsoft, as its chief legal officer. Mahoney was a deputy US trade representative during the first Trump administration.This article originally appeared on Engadget at https://www.engadget.com/big-tech/meta-appoints-ex-trump-and-bush-official-as-its-new-president-and-vice-chairman-151048263.html?src=rss