The former Goldman Sachs executive and new Meta president is leveraging decades of financial relationships to secure capital for the company's massive AI buildout
When you need to raise enormous sums of money for AI data centers, it helps to have Jamie Dimon’s phone number. Dina Powell McCormick, Meta’s newly installed President and Vice Chairman, has spent the past several months doing exactly what Mark Zuckerberg hired her to do: working her Wall Street rolodex to finance one of the most ambitious AI infrastructure buildouts in corporate history.
Powell McCormick, who was appointed to the role on January 12, 2026, after previously serving on Meta’s board, now co-leads Meta Compute. That’s the division responsible for the company’s sprawling data center operations, energy procurement, and capital investment strategy.
A Goldman pedigree meets Silicon Valley ambition #
Powell McCormick’s resume reads like it was engineered in a lab specifically for this job. She spent 16 years at Goldman Sachs, where she climbed to the management committee and served as global head of sovereign investment banking. Before that, she held the title of deputy national security advisor under President Trump, giving her the kind of bipartisan government relationships that prove useful when you’re trying to negotiate energy deals and navigate regulatory approvals across multiple jurisdictions.
Her more than 25 years in global finance aren’t just decorative credentials. JPMorgan CEO Jamie Dimon has publicly praised her Wall Street connections.
Zuckerberg himself has been characteristically direct about why he brought her in. He has stated that her finance experience uniquely qualifies her for Meta’s AI-driven growth chapter.
The infrastructure financing challenge #
Powell McCormick’s role at Meta Compute puts her at the center of this challenge. Her focus areas include data center financing, energy resource partnerships, and workforce development initiatives. Meta has launched what it calls the Workforce Academy, a training program designed to build AI-related skills at scale. Powell McCormick discussed this initiative during a segment on CNBC’s Mad Money in June 2026.
A Fortune feature published on May 27, 2026, dove deeper into her approach, examining her global connectivity strategy and how she’s working to scale Meta’s infrastructure across regions.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our