Meta names former Trump advisor Dina Powell McCormick as president, vice chair

Dina Powell McCormick, global head of sovereign business at Goldman Sachs Inc., speaks during a panel session at the Qatar Economic Forum (QEF) in Doha, Qatar, on Tuesday, May 23, 2023.

Christopher Pike | Bloomberg | Getty Images

Meta on Monday announced it has appointed Dina Powell McCormick as its president and vice chairman.

Powell McCormick joined Meta’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 Powell McCormick 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.

This is breaking news. Please refresh for updates.

Source

Technology

SiIicon Valley’s AI agent hiccups: Wasted tokens and ‘chaotic’ systems

April 19, 2026

San Jose CA, commercial hub of silicon valley and its network of freeways. Steve Proehl | The Image Bank | Getty Images Despite the C-suite’s enthusiasm over artificial intelligence agents that can plow through office tasks like never-sleeping interns, the underlying technology is still rickety and a potential cost-sucker. That much was clear this week […]

Technology

Nvidia’s once-tight bond with gamers is cracking over AI, ‘and that breaks my heart’

April 18, 2026

For its first 30 years, Nvidia wasn’t a household name unless you were a gamer. Now, some of its original fan base feel left behind as artificial intelligence has made the chipmaker the world’s most valuable company. “The gaming segment is no longer the driving force of the company. There was one point when it […]

Technology

OpenAI loses multiple executives in latest leadership shakeup

April 17, 2026

Kevin Weil, chief product officer of OpenAI, speaks during the Hill & Valley forum at the US Capitol in Washington, DC, US, on Wednesday, April 30, 2025. Al Drago | Bloomberg | Getty Images Three OpenAI executives announced their departures from the company on Friday, the latest in a series of leadership shakeups at the […]