National Public Radio is reporting that Gen. David Petraeus, who is currently running the Afghanistan/Pakistan theater of operations, will be asked by President Obama to head up the Central Intelligence Agency. 

Current CIA Director Leon Panetta is widely believed to be moving over to the Pentagon, to replace the outgoing Defense Secretary, Robert Gates, who is retiring from public life.

The Petraeus appointment would make political sense for President Obama on a lot of levels, not least because it would effectively sideline a potential rival in the 2012 presidential campaign.  It would also enable President Obama to rearrange the Pentagon without having a "Bush General" in the mix.