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Reading: Meta provides former Trump advisor to its board
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StockWaves > Global Markets > Meta provides former Trump advisor to its board
Global Markets

Meta provides former Trump advisor to its board

StockWaves By StockWaves Last updated: April 12, 2025 3 Min Read
Meta provides former Trump advisor to its board
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From left, U.S. President Donald Trump, Senator Dave McCormick, his spouse Dina Powell McCormick and Elon Musk watch the boys’s NCAA wrestling competitors on the Wells Fargo Middle in Philadelphia, Pennsylvania, on March 22, 2025.

Brendan Smialowski | Afp | Getty Photographs

Meta on Friday introduced that it was increasing its board of administrators with two new members, together with Dina Powell McCormick, part of President Donald Trump’s first administration.

Powell McCormick served as a deputy nationwide safety advisor to Trump from 2017 to 2018. She can also be married to Sen. Dave McCormick, a Republican from Pennsylvania who took workplace in January.

“He is a very good man,” Trump stated of McCormick in an endorsement final yr, in line with the Related Press. Powell McCormick and her husband have been photographed in March beside Trump and Tesla CEO Elon Musk, a present advisor to the president, at a wrestling championship match in Philadelphia, Pennsylvania.

Moreover, Powell McCormick was assistant Secretary of State beneath Condoleezza Rice in President George W. Bush’s administration.

Moreover her political background, Powell McCormick is vice chair, president and head of worldwide consumer companies at BDT & MSD Companions. That firm was based in 2023 when the service provider financial institution BDT mixed with Michael Dell’s funding agency MSD. Powell McCormick arrived on the agency after 16 years at Goldman Sachs, the place she had been a companion.

Her appointment represents one other signal of Meta’s alignment with Republicans following Trump’s return to the White Home.

In January, the corporate introduced a shift away from fact-checking and stated it was bringing Trump’s pal Dana White, CEO of Final Preventing Championship, onto the board. The adjustments comply with Trump dubbing the corporate behind Fb and Instagram “the enemy of the folks” on CNBC final yr.

Additionally on Friday, Meta stated Patrick Collison, co-founder and CEO of funds startup Stripe, was additionally elected to the board. Stripe was valued at $65 billion in a young provide final yr.

“Patrick and Dina convey lots of expertise supporting companies and entrepreneurs to our board,” Meta co-founder and CEO Mark Zuckerberg stated in a assertion.

Zuckerberg visited the White Home final week, after attending Trump’s inauguration in Washington in January. Politico final week reported that the Meta CEO paid $23 million in money for a mansion within the nation’s capital.

Powell McCormick and Collison formally grow to be administrators on April 15, Meta stated.

WATCH: Mark Zuckerberg lobbies Trump to keep away from Meta antitrust trial, stories say

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