Meta taps Wall Street dealmaker Dina Powell McCormick

Meta taps Wall Street dealmaker Dina Powell McCormick

Meta has landed considered one of Wall Street’s most linked dealmakers.

Dina Powell McCormick, the former Goldman Sachs government with deep ties to large swimming pools of capital, and leaders round the world, who has suggested two US presidents, is becoming a member of as the company’s first-ever president and vice chairman.

Powell McCormick, who spent a long time cultivating relationships with sovereign wealth funds at Goldman Sachs, is predicted to deal with securing strategic partnerships and overseeing Meta’s $600 billion infrastructure buildout over the next decade.

Dina Powell McCormick, the former Goldman Sachs government who has suggested two presidents, is becoming a member of Meta as the company’s first-ever president and vice chair. Provided to NY Post

And that is welcome news to traders. The deal alerts that Meta — which has been spending billions on AI expertise over the last 12 months — is now open to global partnerships and capital. 

“Dina’s experience at the highest levels of global finance, combined with her deep relationships around the world, makes her uniquely suited to help Meta manage this next phase of growth as the company’s President and Vice Chairman,” said Meta Founder and CEO Mark Zuckerberg. 

The transfer comes as the company goals to maintain tempo in the AI arms race.

Meta has shelled out billions — including a virtually $15 billion take care of Scale AI’s Alexandr Wang for data labeling and other major AI investments — however traders wish to see Meta faucet into outdoors capital and prioritize the form of strategic partnerships that its rivals are pursuing.

Turning to Powell McCormick comes as Meta races to maintain tempo in the AI arms race. Mark Zuckerberg’s company struck a virtually $15 billion take care of Scale AI’s Alexandr Wang for data labeling and other major AI investments. AP

Over the last 12 months, Nvidia, OpenAI, and xAI have aggressively pursued high-stakes partnerships and investments in the Middle East, capitalizing on the area’s sovereign wealth funds, power sources, and ambitions to change into AI hubs amid a global scramble for compute energy and uncommon earths. 

Powell McCormick started working with Zuckerberg after she joined the Meta board — which incorporates Stripe co-founder Patrick Collison, Andreessen Horowitz co-founder Marc Andreessen and UFC president Dana White — in April 2025. She left the board last month ahead of taking up her new position. 

She is leaving her place as vice chairman, president and head of global purchasers companies at BDT & MSD Partners however will stay on the agency’s advisory board. Powell McCormick is married to David McCormick, the former CEO of Bridgewater Associates who’s now a republican Senator from Pennsylvania. 

Powell McCormick, who spent a long time cultivating relationships with sovereign wealth funds at Goldman Sachs, is predicted to deal with securing strategic partnerships and overseeing Meta’s $600 billion infrastructure buildout over the next decade. by way of REUTERS

Powell McCormick is married to David McCormick, the former Bridgewater CEO who received Pennsylvania’s US Senate seat in 2024. AP

Powell McCormick immigrated to the US from Egypt along with her household at age six, not talking a phrase of English. She went on to serve in two presidential administrations — as Deputy National Security Advisor during President Trump’s first time period, when she labored on the foundations that led to the Abraham Accords, and in the George W. Bush administration — before rising to companion at Goldman Sachs.

There, she ran the agency’s sovereign wealth fund enterprise and performed a key position in launching Goldman’s 10,000 Women and 10,000 Small Businesses initiatives, which give entrepreneurs with enterprise schooling, mentorship, and entry to capital. 

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“My specialty is investing economic development dollars from around the world and the United States — being thoughtful about job creation and getting the most efficient infrastructure spending with real impact,” Powell McCormick told The Post. JOHN G MABANGLO/EPA/Shutterstock

Powell McCormick is widely revered by her friends on Wall Street. When she acquired the ABANA Achievement Award earlier this 12 months, IMF Managing Director Christine Lagarde called her “the fearless woman who acts on the global scene as a bridge between the East and West.”

Goldman Sachs CEO David Solomon said she has been “invaluable to leaders and countries all over the world,” while Blackstone CEO Stephen Schwarzman famous that “wherever Dina goes, she is enormously successful.”

Earlier this 12 months, JPMorgan CEO Jamie Dimon said, “I’ve recognized Dina for about 20 years and run into her all over the world. She’s an distinctive banker with excellent relationships. Clients have deep respect for her given her information, experience (worldwide, on boards, in authorities), ability to execute and ship, and the fact she works so onerous.

“She is a better banker and has more or better relationships than many big finance CEOs. She’s the full package — doing it all at the most senior levels. To sum up, she’s a first-class banker, who combines amazing relationships, execution, smarts, character and hard work.”

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