Banking executive and former presidential advisor Dina Powell McCormick and Stripe co-founder and CEO Patrick Collison are joining the board of Meta, according to a report from Axios.
Powell McCormick spent 16 years in several leadership roles at Goldman Sachs. She also served as Deputy National Security Advisor to President Donald J. Trump during his first administration. Collision started digital payments giant Stripe, which was valued at $91.5 billion earlier this year, with his brother John in 2010.
The appointments are seen as a broader move by Meta to “expand its board to include more global business experts” at a time “the company looks to curry favor with the Trump administration” ahead of an antitrust trial that begins Monday, reported Axios.
Collision previously served on Meta’s advisory group. Powell McCormick is new to Meta. Their appointments will be effective April 15.
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