Meta Platforms Inc. has announced the appointment of Dina Powell McCormick as President and Vice Chairman, effective January 12, 2026. As part of her compensation package, Powell McCormick will receive an annual base salary of $1,000,000 and a one-time cash sign-on bonus of $2,000,000. She will participate in the company’s bonus plan with a target bonus of 200% of her base salary. Additionally, she is set to receive restricted stock units (RSUs) valued at $60,000,000, which will vest quarterly over four years starting May 15, 2026, contingent on continued service. If her employment is terminated by the company without cause or by her for good reason within two years of her start date, she will receive a lump sum cash payment equal to the value of unvested RSUs that would have vested in that period.

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