Larsen & Toubro names SN Subrahmanyan as new CEO
Engineering conglomerate Larsen & Toubro (L&T) on Friday named SN Subrahmanyan as its new CEO with effect from July. Further, long-serving head AM Naik will move to a new position of non-executive Chairman. Notably, Naik will assume the new role for a period of three years beginning October 1, immediately upon his retirement as Executive Chairman on September 30.