DETROIT, Oct 10 (Reuters) - Chrysler parent Stellantis ( STLA )

said on Thursday that CEO Carlos Tavares would retire

at the end of his contract in early 2026, and the search for his

successor was underway.

Tavares has been under pressure to turn around the company's

lagging North American operations, where profits and sales have

been declining.

In a broad management shakeup, the company appointed Doug

Ostermann, former chief operating officer of its China division,

as its finance chief, replacing Natalie Knight who is leaving

the company.

The automaker also appointed Antonio Filosa as its North

America chief operating officer in addition to his role as Jeep

brand CEO, succeeding Carlos Zarlenga.

Zarlenga's next position will be subject to a future

announcement, the company added.