Stellantis CEO plans major management changes, Bloomberg reports

(Reuters) – Stellantis (NYSE:) CEO Carlos Tavares is planning a deep management reshuffle amid the automaker’s profit warning, Bloomberg News reported on Wednesday, citing people familiar with the matter.

Tavares may present his proposal at a board meeting scheduled to happen in the U.S. this week, the report said.

Stellantis did not immediately respond to a Reuters request for comment.