Why did Powell McCormick resign from Meta's board?

The filing did not disclose the specific reasons for her resignation from Meta's board.

Who is Powell McCormick and what is her background?

Powell McCormick has a background including 16 years at Goldman Sachs, roles in government, and is married to Sen. Dave McCormick.

Will Meta replace Powell McCormick on its board?

Meta does not currently plan to replace her on the board and is considering a potential strategic advisory role.

Home / Business and Economy / McCormick Departs Meta Board Amid Role Speculation

McCormick Departs Meta Board Amid Role Speculation

20 Dec

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Summary

Powell McCormick resigned from Meta's board on Friday.
Her departure follows 16 years at Goldman Sachs.
Meta plans no immediate replacement for her board seat.

McCormick Departs Meta Board Amid Role Speculation

Meta's board of directors has seen a significant change with the immediate resignation of Powell McCormick, announced on Friday. McCormick, a prominent figure with a background spanning 16 years at Goldman Sachs and previous roles in government, has departed the tech giant's board.

Sources indicate that Meta does not intend to appoint a replacement for McCormick's board seat at this time. However, discussions are reportedly underway regarding the possibility of McCormick taking on a strategic advisory capacity with the company, a decision that remains pending.

McCormick had joined Meta's board in April, bringing substantial experience in supporting businesses and entrepreneurs, alongside Stripe co-founder Patrick Collison. Her departure comes as her husband, Sen. Dave McCormick, R-Pa., recently took office.

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