Dina Powell McCormick, who was a member of President Donald Trump’s first administration, has resigned from Meta’s board of administrators.
Powell McCormick, who beforehand spent 16 years working at Goldman Sachs, notified Meta of her resignation on Friday, in line with a submitting with the SEC. The submitting didn’t disclose why McCormick was stepping down from Meta’s board, however stated her resignation was efficient instantly.
Meta doesn’t plan on changing her board function, in line with an individual conversant in the matter who requested to not be named as a consequence of confidentiality. Powell McCormick is contemplating a possible strategic advisory function with Meta, however nothing has been determined, the individual stated.
Powell McCormick joined Meta’s board in April together with Stripe co-founder and CEO Patrick Collison. Meta CEO Mark Zuckerberg stated in a assertion on the time that the 2 executives “deliver plenty of expertise supporting companies and entrepreneurs to our board.”
Powell McCormick served as a deputy nationwide safety advisor to President Trump throughout his first stint in workplace and was additionally an assistant secretary of state throughout President George W. Bush’s administration.
She is married to Sen. Dave McCormick, R-Pa, who took workplace in January.
Powell McCormick is the vice chair, president and head of worldwide shopper providers at BDT & MSD Companions, which shaped in 2023 after the service provider financial institution BDT mixed with Michael Dell’s funding agency MSD.
Along with her departure, Meta now has 14 board members, together with UFC CEO Dana White, Broadcom CEO Hock Tan and former Enron govt John Arnold.
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