The Reds have promoted assistant GM Dick Williams to GM. Walt Jocketty, who had previously been president of baseball operations and GM, will now just be president of baseball operations.
Williams is, obviously, not this guy, but a longtime Reds exec who has also worked in the Yankees organization. I'm guessing this move won't change all that much about the way the Reds are run (although the fact that the Reds promoted Williams, and not special assistant Kevin Towers, to the GM position is noteworthy). It's just that we'll be reading more quotes from Williams than we used to.