03/28/2008 02:44 am ET | Updated May 25, 2011

Facebook's Zuckerberg Demotes His Number Two

They are not even public and already the corporate two-step is being danced at Facebook. One thing is clear: Founder Mark Zuckerberg (pictured left) is surely in charge at the hotter-than-Paris-Hilton social-networking site, as evidenced by a recent reshuffling of duties at the private company.

In the moves, it appears that COO Owen Van Natta (pictured right) has gotten a bit of a demotion, in title at least, moving from his perch in the last two weeks as chief operating officer to chief revenue officer and vice president of operations. It leaves him in charge of large swatches of the company, including technical operations and the ad business, but takes away what many assumed was his No. 2 slot to Zuckerberg.

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