Trustmark Corp. in Jackson, Miss., said Tuesday that Daniel Grafton has become chairman of both the company and Trustmark Bank.

Grafton, a director at the bank since 2006 and the parent company since 2007, succeeds Richard Hickson, who retired Tuesday. Hickson had been the company's chief executive for 14 years until he retired from that post at the end of 2010.

A retired aerospace executive, Grafton is a former president of L3 Communications' Vertex Aerospace and a former president and CEO of Raytheon Aerospace.

Since joining Trustmark's board, Grafton has served on the human resources, nominating and strategic planning committees. Last year he was named the chairman of the $9.51 billion-asset company's executive committee.

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