Dina Powell at the Saudi-U.S. CEO Forum in New York in 2018. Michael Nagle / Bloomberg via Getty Images file

Meta on Monday named Dina Powell McCormick as its president and vice chairman, weeks after the former top adviser to U.S. President Donald Trump resigned from the social media company`s board.

Powell McCormick, who spent 16 years in senior leadership roles at Goldman Sachs, has previously served as deputy national security adviser to U.S. President Donald Trump in his first term, and as a senior White House adviser and assistant secretary of state under the Bush administration.

Trump congratulated Powell McCormick on her appointment, in a Truth Social post, praising her as a "fantastic, and very talented, person" who served his administration with "strength and distinction."

Meta said Powell McCormick will be a key figure in deciding the company`s strategic direction and execution.

Her appointment comes as Meta accelerates investments in frontier AI and personal superintelligence.

Republican Senate candidate Dave McCormick and his wife, Dina Powell, thank supporters after declaring victory on Nov. 6, 2024 in Pittsburgh.Jeff Swensen / Getty Images file

"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," CEO Mark Zuckerberg said in a statement.

The company said her responsibilities will also include spearheading efforts to forge new strategic capital partnerships and explore innovative avenues to expand Meta‘s "long-term investment capacity."

Powell McCormick resigned from Meta‘s board in December, just eight months after joining.

Meta has been scrambling to stay relevant in Silicon Valley`s artificial-intelligence race after its Llama 4 model met with a poor reception. It committed as much as $72 billion in 2025 capital spending.

The company also announced big personnel and content moderation changes last year, largely aimed at securing a fresh start with U.S. President Donald Trump.

The changes included scrapping its U.S. fact-checking program, elevating Republican Joel Kaplan as the company`s new chief global affairs officer, electing a close friend of Trump`s to its board and ending its diversity programs.