Kmart Corp., Troy, Mich., hired Mellon Bank as trustee to replace...

Kmart Corp., Troy, Mich., hired Mellon Bank as trustee to replace First Chicago NBD, said Michael Viola, treasurer. First Chicago NBD is exiting the custodial business. Kmart's defined benefit plan has $1.8 billion in assets; the defined contribution plan is $1 billion. Wyatt Investment Consulting assisted.