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Meta Platforms (NASDAQ:META), the parent company of Facebook, announced the appointment of Dina Powell McCormick and Stripe CEO Patrick Collison to its board of directors, effective April 15. The move expands Meta’s board to 15 members, signaling a strategic shift in leadership and governance.
Powell McCormick, a former deputy national security adviser under President Donald Trump, brings extensive experience in government and finance. She previously held senior leadership roles at Goldman Sachs over 16 years and served under President George W. Bush as assistant secretary of state for Condoleezza Rice.
Collison, who co-founded fintech giant Stripe in 2010, previously served on Meta’s external advisory council, the Meta Advisory Group, offering guidance on technology and product strategy.
Meta CEO Mark Zuckerberg praised the new additions, highlighting Collison’s dedication to economic opportunity and Powell McCormick’s strong track record in economic development and entrepreneurship.
The board expansion follows a series of high-profile internal changes at Meta. Earlier this year, the company eliminated its U.S. fact-checking program, appointed Republican Joel Kaplan as chief global affairs officer, and ended several diversity initiatives. In January, Meta also added three new directors, including UFC CEO Dana White, a known Trump ally.
Meta’s current board includes notable figures such as Marc Andreessen, co-founder of Andreessen Horowitz, and Tony Xu, CEO of DoorDash (NASDAQ:DASH), reflecting the company’s ongoing effort to bring diverse business and political perspectives into its leadership.
These changes come amid broader shifts in Meta’s policy direction and corporate governance strategy, as it prepares for future growth and regulatory challenges in the evolving digital landscape.
