Meta founder and CEO Mark Zuckerberg announced Monday that UFC President Dana White will be joining his company's board of directors, bringing on the prominent Donald Trump backer less than two weeks before the president-elect is set to take office.
Mr. White, a close ally of President-elect Donald J. Trump, further strengthens the social media giant's connections with the incoming administration.
Meta Platforms said on Monday it had elected three new directors to its board, including Dana White, CEO of Ultimate Fighting Championship (UFC) and close friend of President-elect Donald Trump.
Dana White, president and CEO of UFC, is joining the board of Meta, one of three new directors announced today by Mark Zuckerberg's social media giant. The other two are John Elkann, who runs the Agnelli family investment company Exor, and Charlie Songhurst, a major tech investor and former top Microsoft executive.
CNBC's Julia Boorstin with breaking news on additions to Meta's board.
UFC CEO Dana White, a longtime friend of Donald Trump, is joining the board of Meta two weeks before the new administration begins. Meta CEO Mark Zuckerberg said in a post that White has built the UFC "into one of the most valuable, fastest growing, and most popular sports enterprises in the world.
Meta said UFC President Dana White, Exor CEO John Elkann and technology investor Charlie Songhurst were elected as new members of its board of directors.
Meta on Monday announced Dana White will join the company's board of directors. White said he'd "never been interested" in joining a company's board before Meta's offer.
Dana Tesley, Telsey Advisory Group CEO, joins 'Squawk on the Street' to discuss Tesley's thoughts on Aritzia, how the changer in weather impact retail companies, and which retail stocks are winning right now.
Dana Incorporated shares plunged after management announced disappointing revenue and earnings results for the third quarter of the company's 2024 fiscal year. It doesn't help that the business also reduced guidance for the year, with revenue now expected to be well below what it was previously. Even with these troubles, though, DAN stock is incredibly cheap and investors would be wise to remain bullish on the business.
Dana, Inc. (NYSE:DAN ) Q3 2024 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants Craig Barber - Senior Director, IR and Corporate Communications James Kamsickas - Chairman & CEO Timothy Kraus - SVP & CFO Conference Call Participants Tom Narayan - RBC Colin Langan - Wells Fargo James Picariello - BNP Paribas Bruno Dossena - Wolfe Research Joe Spak - UBS Dan Levy - Barclays Operator Good morning, and welcome to Dana Incorporated's Third Quarter 2024 Financial Webcast and Conference Call. My name is Regina, and I will be your conference facilitator.
Dana (DAN) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.30 per share a year ago.