Falco shuffles ranks at AOL

Falco shuffles ranks at AOL 1AOL unveiled a streamlined organizational structure Monday under its new CEO, Randy Falco.

In his first major move since coming over from NBC Universal in November to run the Time Warner division, Falco shook up the management ranks and reassigned responsibilities leftover from the departure of five senior execs first reported Friday, including AOL programming czar Jim Bankoff.

Replacing Bankoff, executive vp consumer and publisher services, will be his former deputy, Bill Wilson, who was named head of AOL programming. Most of Bankoff’s deputies and responsibilities will now go to Wilson, according to an AOL spokesman, who did not elaborate on which ventures he won’t oversee.

In addition, executive vp products, marketing and distribution Kevin Conroy will expand his responsibilities, taking on AOL’s Instant Messenger product, formerly Bankoff’s responsibility, and mobile devices.