January 7, 2025
As the social media company Meta Platforms ( META , Financial ) looks toward a potential second Trump presidency, it has named three new directors to its board to signal a leadership shakeup. On the high-profile side of things, you have Dana White, president and CEO of Ultimate Fighting Championship (UFC). In 2016, 2020, and most recently in July, White endorsed Trump at Republican National Conventions.
White is joined by John Elkann, CEO of European investment firm Exor, and former Microsoft executive Charlie Songhurst, who was a Facebook advisor on its planned AI arm. Strengthening its strategic expertise across important areas of future growth, including artificial intelligence (AI) and emerging technology, the appointments come as Meta seeks to achieve this.
As the newest members of the board, we are excited to welcome Dana, John, and Charlie, who will each bring their unique expertise and fresh perspectives to help lead our efforts in AI, wearables, and the future of human connection, Zuckerberg said of the trio.
It comes as Meta, which also owns Instagram, is undergoing a broader realignment in advance of the inauguration of President-elect Donald Trump. The company replaced Nick Clegg, its president of global affairs, with Joel Kaplan, a prominent Republican, last week.
However, Zuckerberg has lent his support to Trump's administration by donating $1 million to the President-elect's inauguration fund. These moves position Meta to be strategic as the political landscape changes and how they accommodate tech giants trying to navigate both market and policy challenges of regulation, AI and platform innovation.
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