[img src="" caption="" credit="" alt=""]
Facebook has reportedly gone through a management reshuffle that included the demotion of chief operating officer Owen Van Nattato to the position of chief revenue officer and vice president of operations.
The move means he now shares power with VP of Marketing and Operations Chamath Palihapitiya, VP of strategy and business operations Matt Cohler, chief financial officer Gideon Yu, VP of Product Engineering (and co-founder) Dustin Moskovitz and chief technology officer Adam D’Angelo. That's a less elevated position than his former job as Facebook's number 2 in command, argues Kara Swisher of the WSJ's AllThingsD.