Flushing Financial Corp. in Flushing, N.Y., has promoted executive vice president Michael J. Hegarty to president and chief executive officer.

He succeeded James F. McConnell, 65, who retired but remains a director. Gerard P. Tully Sr., 71, is chairman of the $1.1 billion-asset company, which owns Flushing Savings Bank.

Mr. Hegarty, 59, had been executive vice president and chief operating officer since August 1995.

He has been a director since 1987, when he was chief financial officer, vice president, and secretary of EDO Corp.

EDO makes systems and electronic equipment for the military, marine, aviation, and aerospace markets.

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