Overview
- Mark Zuckerberg announced the newly created position on Monday and said her expertise and global network suit Meta’s next growth phase.
- Powell McCormick will focus on funding the company’s artificial intelligence program, with priority on data-center construction.
- President Donald Trump publicly congratulated her on Truth Social and praised Zuckerberg’s selection.
- Her background includes 16 years at Goldman Sachs, roles in the George W. Bush administration, and service as deputy national security advisor during Trump’s first term.
- Meta reported $70–72 billion in AI investment last year and says 2026 spending will be significantly higher.