Facebook owner Meta has named Dina Powell McCormick, a former Trump administration adviser and longtime finance executive, as president and vice chairman of the tech giant.

NEW YORK (AP) — Facebook owner Meta has named Dina Powell McCormick, a former Trump administration adviser and longtime finance executive, as president and vice chairman of the tech giant.

Powell McCormick previously served on Meta’s board of directors — where, the company notes, she was “deeply engaged” in accelerating its artificial intelligence push across platforms. In her new management role, Meta says Powell McCormick will help guide its overall strategy, including the execution of multi-billion-dollar investments.

The news, announced Monday, quickly gained the applause of U.S. President Donald Trump. In a post on his social media platform Truth Social, the Republican president said the move was a “great choice” by Meta CEO Mark Zuckerberg — and noted that Powell McCormick had “served the Trump Administration with strength and distinction.”