Meta Appoints Stripe CEO Patrick Collison, Trump Adviser Dina Powell McCormick to Board
Meta Appoints Stripe CEO Patrick Collison, Trump Adviser Dina Powell McCormick to Board

Meta Appoints Stripe CEO Patrick Collison, Trump Adviser Dina Powell McCormick to Board

News summary

Meta Platforms Inc. has appointed two new members to its board of directors: Patrick Collison, CEO of Stripe, and Dina Powell McCormick, a former advisor to President Donald Trump. Collison, who co-founded Stripe, expressed enthusiasm about helping Meta navigate future business opportunities, while Powell McCormick brings extensive experience from her roles in the Trump and Bush administrations, along with a significant career in finance. Meta CEO Mark Zuckerberg emphasized that their expertise would greatly benefit businesses using Meta's services. The appointments reflect a strategic alignment for Meta with Republican figures, following recent shifts in its governance structure. Both new board members are set to take on their roles on April 15. This move underscores Meta's focus on enhancing its support for entrepreneurs and economic development.

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