I work for a medium-sized company or around 100 employees. We had a restructuring 6 months ago. I was previously head of a (small) department, reporting directly to the CEO, which was split up. A new role was created, to head a new division in which I would be working - I had to interview for the new role along with 2 others of same seniority as myself. I did not get the job (which went to someone with 1/2 my level of experience) - he is now apparently my line manager (this was not explained clearly at the time); although 'officially' I continue to report directly to the Executive team (CEO). According to the CEO, as I am getting paid the same money as before I have not been demoted - but it certainly does not feel like that as I no longer get invited to senior meetings etc and all info and all decisions I am responsible for have to be channelled through the new head of the new department in which I now work.
I don't have a good relationship with the new person, and I'm finding it increasingly frustrating.
Any advice gratefully received!!