Northern Trust Corp., Chicago, has named William L. Morrison chairman and chief executive of Northern Trust of Florida.

Mr. Morrison, 46, joined the bank as vice chairman of the Miami subsidiary in March, succeeding Mark Stevens.

Mr. Stevens, 49, who was named as an executive vice president of the holding company in January, had been retaining the role of head of Northern Trust Bank of Florida.

Before joining Northern Trust, Mr. Morrison was president and director of Intercontinental Bank.

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