Overview
- Meta created the new senior role with a mandate to arrange financing for the company’s AI buildout, with a focus on new data centers.
- President Donald Trump publicly congratulated Powell McCormick on Truth Social, calling her a talented choice.
- Powell McCormick brings extensive finance and government experience, including 16 years at Goldman Sachs and prior service in the Bush administration.
- She previously served about eight months on Meta’s board before resigning in December 2025.
- Coverage links the appointment to Mark Zuckerberg’s recent outreach to Trump’s circle, following last year’s addition of UFC chief Dana White to Meta’s board, as the company reports $70–72 billion in AI spending last year with higher outlays expected in 2026.