Meta appoints ex-Trump and Bush official as its new president and vice chairman

Meta, the parent company of Facebook, has appointed Dina Powell McCormick as its new president and vice-chairman. McCormick is a banking executive and former Republican White House official, having served in the administrations of both Donald Trump and George W. Bush. Meta's CEO, Mark Zuckerberg, has stated that McCormick's experience in global finance and her extensive international relationships make her well-suited to guide the company's strategic direction and execution. McCormick previously held senior roles at Goldman Sachs and BDT & MSD Partners. This appointment comes as the latest in a series of high-profile hires by Meta, which has recently brought on board another former Trump administration official, Curtis Joseph Mahoney, as its new chief legal officer. The company's decision to appoint individuals with strong political ties has sparked some debate and scrutiny.