Meta, previously known as Facebook, has announced the election of Patrick Collison and Dina Powell McCormick to its board of directors, effective April 15, 2025. Patrick Collison, the Co-Founder and CEO of Stripe, and Dina Powell McCormick, Vice Chair, President & Head of Global Client Services at BDT & MSD Partners, are expected to bring their extensive experience in supporting businesses and entrepreneurs to the Meta board.
Collison's company, Stripe, founded in 2010, has gained prominence in the technology sector for building programmable financial services. Meanwhile, McCormick has a diverse background in finance, government, and economic development, having served in senior leadership roles at Goldman Sachs and in the U.S. government.
Meta's current board comprises prominent individuals from various industries, including technology, finance, and entertainment. The board includes Mark Zuckerberg, Peggy Alford, Marc L. Andreessen, John Arnold, John Elkann, Drew Houston, Nancy Killefer, Robert M. Kimmitt, Charlie Songhurst, Hock E. Tan, Tracey T. Travis, Dana White, and Tony Xu.
Meta, which is positioning itself as a pioneer in the future of human connection, seeks to leverage artificial intelligence and immersive technologies to foster deeper connections and unlock new possibilities beyond traditional 2D screens.
The addition of Collison and McCormick to Meta's board underscores the company's commitment to tapping into diverse expertise to navigate the evolving landscape of technology and human connection. The market has reacted to these announcements by moving the company's shares -0.5% to a price of $543.57. For more information, read the company's full 8-K submission here.
