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If the importance of augmented reality and VR hardware to Facebook's future wasn't already clear enough, a shake-up in the executive ranks at the company has made it as clear as smartglasses lenses.Late Wednesday, Facebook chief technology officer Mike Schroepfer, who CEO Mark Zuckerberg affectionately refers to as "Shrep," announced that he will transition out of his role to serve as the company's first senior fellow in a part-time capacity.Don't Miss: Facebook Reality Labs Chief Teases AR Coming to Oculus Quest Gaming, Delves into Future Smartglasses HardwareTaking his place will be Andrew "Boz" Bosworth, vice-president of VR/AR for Facebook/Oculus. As CTO, he will maintain his oversight over Facebook Reality Labs and Facebook's efforts in AR and VR, with more functional groups aligning with his organization over time.Andrew Bosworth/Facebook"Schrep and I have both worked closely with Boz on organizational planning for some time," said Zuckerberg in a statement. "This is all...more