Meta today announced that Dana White, John Elkann, and Charlie Songhurst have been elected to the company’s board of directors. Meta Platforms (META), the company behind Facebook, added three new members to help with the leadership of the company’s newest ventures. In a statement, Meta CEO Mark Zuckerberg said “Dana, John, and Charlie will add a depth of expertise and perspective that will help us tackle the massive opportunities ahead with AI, wearables, and the future of human connection.”
Dana White currently serves as the president and CEO of the UFC. White and Zuckerberg worked closely together as Zuckerberg trained for a rumored fight with Tesla founder Elon Musk. White says that he never had much interest in companies outside of professional fighting until Meta came along.
“I’ve never been interested in joining a board of directors until I got the offer to join Meta’s board. I am a huge believer that social media and AI are the future,” White said. “I am very excited to join this incredible team and to learn more about this business from the inside. There is nothing I love more than building brands, and I look forward to helping take Meta to the next level.”
Meta Adds Dana White to Their Board
White joins an extensive list of directors on Facebook’s board, spread across several top companies:
- Mark Zuckerberg
- Peggy Alford, former Executive Vice President, Global Sales, PayPal Holdings, Inc.
- Marc L. Andreessen, Andreessen Horowitz
- John Arnold, Co-Founder, Arnold Ventures
- Drew Houston, Co-Founder and CEO, Dropbox, Inc.
- Nancy Killefer, Retired Senior Partner, McKinsey & Company
- Robert M. Kimmitt, Meta’s Lead Independent Director and Senior International Counsel at WilmerHale LLP
- Hock E. Tan, President and CEO, Broadcom Inc.
- Tracey T. Travis, Executive Vice President, Senior Adviser to the CEO, The Estée Lauder Companies, Inc.
- Tony Xu, Co-Founder and CEO, DoorDash, Inc
For the other new additions to Facebook’s board of directors: John Elkann is CEO of Exor, one of the largest European investment companies. He is also the Executive Chair of Ferrari and Stellantis. Charlie Songhurst is a technology investor who currently invests in more than 500 startups globally. He has extensive experience across enterprise SaaS, AI, and deep tech.
Entering 2025, Meta stock had a 1-year target estimate of $656.51, according to Yahoo Finance analysts. Tech stocks are poised to continue surging on the markets, especially thanks to AI investments. The company also tuned up its investments in that industry and is continuing to make waves in the Augmented Reality field.
Meta Platforms is set for a big 2025, especially with additional business-savvy members like Dana White added to its board of directors. Meta stock was up 4% on Monday at 630.20. Shares are also up an additional 1% after hours following the news of Dana White and others joining the Board.
