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.

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 NV is planning another shakeup of its management ranks as the automaker deepens its overhaul following the ouster of Chief Executive Officer Carlos Tavares, according to people familiar with the matter.

Stellantis announced on Monday an internal overhaul aimed at simplifying its structure and speeding up processes, as the carmaker presses ahead with a reorganisation it started after former CEO Carlos Tavares left in December.