It would be easy to imagine Riker receiving a commendation of some kind, big presentation ceremony on Earth, the Starfleet chief of staff pinning it on Riker's chest, we just didn't see it.
And Daddy Riker in the crowd taking credit for his son's actions.
Removed to where? Another XO position on another starship?
Basically removed to a location where he wasn't blocking the flow anymore.
Maybe a starbase staff position somewhere, he'd still get his fourth pip on his collar, but not a ship.