Dina Powell McCormick, a former Goldman Sachs executive and Trump administration official, has been appointed as Meta’s president and vice chairman. She will take office on January 12, 2026, and oversee Meta’s planned 600 billion US infrastructure investment program through 2028, including 145 billion dollars in AI-related capital expenditures for 2026 alone. She will also co-lead the Meta Compute division alongside Santosh Janardhan and Daniel Gross. Her role will involve financial negotiations with Wall Street institutions and international investors to potentially share the risks and costs of this massive infrastructure program.
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