ADVERTISEMENT
Friday, June 12, 2026
Tech | Business | Economy
No Result
View All Result
  • Technology
    • Trends
    • Telecoms
      • Broadband
    • ConsumerTech
      • Gadgets and Appliances
      • Apps
      • Accessories
      • Reviews
      • Unboxing
    • EnterpriseTECH
    • Security & Data Protection
    • How To
  • Business
    • Company News
    • StartUPs
      • Founder’s Story
      • Funding
    • Deals
    • People & Moves
    • SME & Entrepreneur Focus
    • BUSINESS SENSE FOR SMEs
    • Competition & Market Positioning
    • Commerce & Mobility
    • Travel
    • WomenPreneurs
  • Economy
    • Macroeconomic Trends
      • Macro Monday
      • TE Insights
    • Finance
      • Banks
      • Fintech
      • Insurance
      • Digital Assets
      • Personal Finance
    • Policies
      • Tech & Society
    • Market Analysis
    • Jobs & Workforce Economy
  • Features
    • Guest Writer
      • Chidiverse
      • Digital Assets
      • GameTech
    • EventDIARY
    • IndustryINFLUENCERS
    • MarkTECH
    • TBS
    • NewsEXTRA
  • Editorial
  • Brand Content
  • TECHECONOMY TV
Friday, June 12, 2026
Tech | Business | Economy
No Result
View All Result
Tech | Business | Economy
No Result
View All Result

Meta Appoints Former Trump Adviser Dina Powell McCormick as President, Vice Chairman

Joan Aimuengheuwa by Joan Aimuengheuwa
January 12, 2026
in People & Moves
Reading Time: 2 mins read
0
Dina Powell McCormick Meta appointment

Dina Powell McCormick

Meta has appointed Dina Powell McCormick as its president and vice chairman, bringing a former White House adviser and long-time Wall Street executive into one of the most powerful roles at the company as it pours billions into artificial intelligence and global infrastructure.

The appointment places Powell McCormick on Meta’s management team, with direct responsibility for helping drive strategy and execution at a time when the company is expanding its data centres, energy systems and connectivity projects across several regions. 

With this development, Meta is increasing its focus on capital, politics and scale as it pushes more into what it calls frontier AI and long-term computing bets.

Mark Zuckerberg, Meta’s founder and chief executive, described the decision regarding her financial and diplomatic reach. “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,” he said.

Powell McCormick, not new to Meta, previously sat on the company’s board and was involved as it enhanced work on advanced AI systems. 

Subscribe to our Telegram channel for the latest updates.

Follow the latest developments with instant alerts on breaking news, top stories, and trending headlines.

Join Channel

Her elevation comes as the cost and complexity of Meta’s vision peaks, with multi-billion-dollar investments now tied to physical assets and long-term financing rather than software alone.

Powell McCormick served as deputy national security adviser to President Donald Trump and earlier worked under Secretary of State Condoleezza Rice during George W. Bush’s administration. 

In the private sector, she spent 16 years at Goldman Sachs, where she was a partner, sat on the management committee and led global sovereign investment banking. 

During that period, she helped drive initiatives such as 10,000 Women, 10,000 Small Businesses and One Million Black Women, programmes aimed at long-term economic growth.

Trump publicly welcomed the appointment, posting on Truth Social: “Congratulations to DINA POWELL MCCORMICK, WHO HAS JUST BEEN NAMED THE NEW PRESIDENT OF META. A great choice by Mark Z!!! She is a fantastic, and very talented, person, who served the Trump Administration with strength and distinction.”

Inside Meta, Powell McCormick is expected to work with infrastructure and compute teams, overseeing how large investments are deployed and how they affect host communities. She will also be tasked with building new capital partnerships to support the company’s expanding financial needs.

Just last week, Meta hired Curtis Joseph Mahoney, a former Microsoft legal executive who also served as a deputy US trade representative during Trump’s first term. Taken together, the hires point to a strategy of bringing in leaders with experience in the regulatory environment and complex global financing.

Powell McCormick’s mix of government service and banking experience gives the company a steady hand as it moves further into capital-heavy territory.

0Shares
Previous Post

Eterna Begins Rights Issue, Seeks ₦21.52bn Capital Raise

Next Post

Investor Appetite Grows for Nigeria’s Logistics Tech Startups

Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

Related Posts

FCMB appoints Bismarck Rewane

FCMB Appoints Bismarck Rewane as Non-executive Director, Chairman

June 11, 2026
John Dodge Coloplus

Coloplus Appoints John Dodge as Deputy CEO & Executive Director

June 9, 2026

Chief Wahala Officer | inDrive Recruiting in Lagos

June 9, 2026
Load More
Next Post
Pay on Delivery, eCommerce Payments, Contactless Payments, eBusiness, Machine, smartphone | Nigerian logistics startups

Investor Appetite Grows for Nigeria’s Logistics Tech Startups

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast
Techeconomy Podcast

The Techeconomy Podcast is a thought-leadership show exploring the powerful intersection of technology, business, and the economy, with a strong focus on Africa’s fast-evolving digital landscape.

Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
byTecheconomy

Africa’s innovation ecosystem is evolving, but where will the funding for the next generation of startups come from?

In this edition of the Techeconomy Business Series (TBS) May 2026, industry experts explore how local capital, venture debt, and smarter investment structures are redefining startup growth and innovation across Africa.

🎙️ Featured Speakers:

* Ebunoluwa Ashley-Dejo

* Damilare Davola

* Success Ajilore (STN & Accelerated Plus)

Key conversations in this webinar include:

✔️ The future of startup financing in Africa

✔️ Venture debt and alternative funding models

✔️ The role of local investors in scaling innovation

✔️ Sustainable investment strategies for African startups

✔️ Opportunities and challenges in the African tech ecosystem

Subscribe for more conversations shaping Africa’s digital economy and innovation landscape.

#TBS2026 #AfricanInnovation #VentureDebt #StartupFinance #TechInAfrica #Techeconomy #AfricanStartups #InnovationEconomy

Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
May 27, 2026
Techeconomy
PROTECTING INNOVATION IN AFRICA’S STARTUP ECOSYSTEM
April 29, 2026
Techeconomy
BUILDING TRUST IN AFRICA ECOSYSTEM
February 27, 2026
Techeconomy
Navigating a Career in Tech Sales
January 29, 2026
Techeconomy
How Technology is Transforming Education, Health, and Business
November 27, 2025
Techeconomy
Search Results placeholder
MTN Live It 100 Thematic Campaign
ADVERTISEMENT
  • About Us
  • Careers
  • Contact Us
  • Privacy Policy

© 2026 TECHECONOMY.

No Result
View All Result
  • Technology
  • Business
  • Economy
  • Features
  • Editorial
  • Brand Content
  • TECHECONOMY TV

© 2026 TECHECONOMY.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.