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Mayo A. Shattuck III

A collection of news and information related to Mayo A. Shattuck III published by this site and its partners.

Top Mayo A. Shattuck III Articles

Displaying items 12-22
  • Constellation CEO's total compensation up 44%

    Constellation CEO's total compensation up 44%
    Constellation Energy Group CEO Mayo A. Shattuck III took in $15.7 million in total compensation last year, a 44 percent annual increase in a year when the company he manages posted a nearly billion-dollar loss. Shattuck's take-home pay of $1.3 million...
  • Shattuck needs to share the wealth

    "Shattuck sees 44 percent increase in package." This was the headline in The Sun on Saturday, April 16. The accompanying article pointed out that Constellation Energy Group CEO Mayo A. Shattuck received $15.7 million in compensation for 2010, even as his...
  • Md. should reject Constellation merger no matter what

    The sale (it's not a merger, really) of Constellation Energy Group and Baltimore Gas and Electric to Exelon is ill advised and misguided ("Sweeteners sought in energy merger," Sept. 21). It is to the detriment of Maryland customers. It is difficult for...
  • Constellation/Exelon deal: Reliability should be the main concern

    Constellation/Exelon deal: Reliability should be the main concern
    The last couple of times Constellation Energy tried to sell all or part of itself to an out-of-state company, Gov. Martin O'Malley's focus was almost entirely on the pocketbooks of two groups: Baltimore Gas and Electric Co. customers, and Constellation...
  • Blame management, not storm, for BGE outages

    Do you remember the hurricane of "historic proportions?" You most likely slept through it. Let me give you some key points to think about. Baltimore Gas and Electric cut back 1,500 personnel designed to address these types of disasters. It was more...
  • Power companies' merger would only benefit a few already wealthy executives

    I've been living in Baltimore for 63 years and remember a time when BGE used to take pride in providing the best service to consumers. But it seems the bigger they have grown, the smaller and less important their customers have become. Now, executives at...
  • Constellation reportedly takeover target of Chicago power company

    Constellation reportedly takeover target of Chicago power company
    Constellation Energy Group is reportedly in the final stages of takeover negotiations that could see it absorbed by the Chicago-based power company Exelon Corp., a deal that would usher Baltimore's last Fortune 500 company headquarters out of town. For...
  • Lost 'Fortune'

    Lost 'Fortune'
    Walk the streets of downtown Baltimore, and you might feel the presence of its corporate ghosts. On Gay Street, perhaps you'll meet Alexander Brown, the Irish immigrant who started the nation's first investment firm here more than 200 years ago. Head...
  • Exelon deal bad for Baltimore despite jobs claim

    Nobody knows better than Mayo Shattuck, the former investment banker, that economic value is determined by future cash flows. By that measure, Baltimore just went downmarket, no matter how hard he and other executives try to sell Constellation Energy's...
  • What the Exelon-Constellation deal means

    For ratepayers: Constellation and Exelon have put together a package that they say will benefit BGE consumers, including: A $100 one-time credit on each BGE residential customer's bill. $5 million for a state program that aids low-income customers....
  • Constellation CEO reverts to cut-and-run form

    Well, Mayo Shattuck is at it again ("Constellation takeover? April 28). First, Alex. Brown, now Constellation Energy. All for his financial gain, not for the good of the citizens who are Constellation consumers. As a stockholder, I shall fight this...