“`html
Dina Powell McCormick Resigns from Meta Board
Dina Powell McCormick, a former senior advisor to President Donald Trump, has resigned from her position on the board of directors of Meta, effective instantly, according to a securities and Exchange Commission (SEC) filing on December 19, 2023. McCormick previously held a prominent role within the Trump administration and spent 16 years at Goldman Sachs before joining Meta.
Background: Dina Powell McCormick’s Career
Prior to her involvement with Meta, Dina Powell McCormick established a distinguished career in both finance and government. She spent 16 years at Goldman Sachs, rising to become a managing director and global head of Global Healthcare Investment Banking, as noted in her Bloomberg profile. She then transitioned to public service, serving as a senior advisor to President Trump from 2017 to 2018, focusing on economic and national security issues. The New York Times reported on her appointment, highlighting her role in shaping the administration’s economic agenda.
McCormick joined Meta’s board in May 2021, bringing her expertise in finance, international affairs, and government relations to the technology giant. Her presence on the board was seen as a strategic move by Meta, given her connections and experience navigating complex policy landscapes. Reuters covered her appointment, noting the potential benefits of her background for the company.
the Resignation and SEC Filing
The SEC filing detailing McCormick’s resignation provides minimal information regarding her reasons for stepping down. The document simply states that she notified Meta of her decision on Friday, December 15, 2023, and that the resignation was effective immediately. The lack of explanation has fueled speculation about potential factors contributing to her departure. The full filing can be reviewed on the SEC’s EDGAR database: Meta Form 8-K Filing.
Meta has not yet issued a public statement regarding McCormick’s resignation or plans to fill the vacancy on its board. This silence has added to the intrigue surrounding the situation.
Meta’s Board Composition and Recent Changes
Meta’s board currently consists of eleven members, including Mark Zuckerberg, the company’s founder and CEO. The board plays a crucial role in overseeing the company’s
