meet new boss - not

Today, the reorganization of Retail HK was announced. As part of a large strategic reorientation, this annoucement is just one piece of the puzzle to make our organization more competitive, ready for the future,.. But it is clear that our management is serious about it. Shaking up an organization of over 10,000 is not an overnight decision. Things have been thought through. As for me and my team, things are less clear for the moment.
Yesterday, 5pm, my boss scheduled an 8 'clock bilateral meeting to be held this morning - right before the general briefing to all dept heads. He announced that I  would not be reporting to a director anymore - there will be a senior mgr in between - who still needs to be recruited. Good news is that we will be part of a strategic mkt dept, basically where the action is.
The communication only outlined the high-level decisions. The specifics still need to be worked out in a transition project due October this year, which - hopefully - I will be able to exert some influence on.

I already gave the message to my team to outline all arguments to keep us together - which was a big step (I have a tendency to do these things myself and not be 'participative'). But I do think that the new structure can bring me and my team closer - also given an internal mutation of a team member around October.

I am concerned about the new boss though. Although I am not a 'senior' mgr (certainly not in Accenture terms), I do have to digest the downgrade of visibility/responsibilities, and I do hope that my future boss will give me enough space and support to further develop. Career counseling and regular coaching are not exactly the strong points of our organisation...