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. The search for a new permanent CEO is "well under way",

More leadership changes at Stellantis NV announced Monday seek to offer greater autonomy for the automaker's regions around the world — the lack of which has been one of the biggest complaints throughout the company.

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