Stellantis NV announced another shakeup of its management ranks as the automaker deepens an overhaul following the ouster of Chief Executive Officer Carlos Tavares.

Stellantis announced management changes on Monday as part of a shake-up at the world's fourth-largest automaker launched after the shock exit CEO Carlos Tavares in December.

Stellantis, the world's fourth-largest automaker, announced a management shake-up as it continues its search for a permanent CEO following the abrupt departure of Carlos Tavares in December.