facebookiphone1.pngFacebook is reportedly reorganizing its management team.

Chief operating officer Owen Van Natta “has gotten a bit of a demotion, in title at least,” according a blog post by Kara Swisher at AllThingsD.

Van Natta’s title, Swisher reports, will now be “chief revenue officer and vice president of operations” — he will remain in charge of technical operations and advertising, but other responsibilities will apparently be divided up between some of the newer executive-team hires.

Facebook spokeswoman Brandee Barker says that the changes only reflect the expansion of the management team to match the growth of the company — not a lessening of Van Natta’s responsibilities (here: see screenshot, below, of Facebook’s currently listed management team; it’s so out-dated it includes a former CFO who left last month).

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Chamath Palihapitiya, a former AOL executive, was hired a month ago to be the new vice president of marketing and operations.

Gideon Yu was hired only a few weeks ago (our coverage of his “wild ride” here ) to be the company’s chief financial officer.

The other founders and early hires — the other young execs besides Zuckerberg — who are already in senior positions will maintain positions.

Matt Cohler, age 30, who joined Facebook through his friendship with angel investor Peter Theil — Cohler actually sat in on the meeting when Thiel met with the company — will stay in his role as vice president of strategy and business operations. Cohler and Van Natta appear to have overlapping duties within operations.

Co-founder Dustin Moskovitz, who was roommates with Zuckerberg in college, will continue as vice president of product engineering.

Adam D’Angelo, also a long-time Zuckerberg friend, will continue on as the company’s chief technology officer.