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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 Energy Group posts $74 million profit

    As Maryland energy regulators prepare to review next week Constellation Energy Group's plan to sell itself to Exelon Corp., the Baltimore energy company posted Friday a $74 million profit in the third quarter. The Baltimore company earned 36 cents per...
  • EDF questions energy chiefs on second day of merger hearings

    Constellation Energy's second-largest shareholder and a partner in its nuclear business grilled the Baltimore company's chairman and chief executive, Mayo A. Shattuck III, about his compensation and proposed role at Exelon Corp. during the second day of...
  • Exelon executive: 600 positions identified for cuts under merger

    Exelon executive: 600 positions identified for cuts under merger
    Exelon Corp. has identified some 600 corporate positions that would be eliminated under a merger with Baltimore's Constellation Energy Group, a top executive of the Chicago energy giant said Wednesday. Exelon's chief operating officer, Christopher M....
  • Two state senators recommend spinoff of BGE

    A top Exelon Corp. executive said Thursday that separating Baltimore Gas and Electric Co. from parent Constellation Energy Group would be a "deal breaker" for the proposed $7.9 billion merger between the two energy giants. Exelon Chief Operating...
  • Marbella: Constellation and Occupy Baltimore, a tale of our times

    You might have seen the news footage of the guy in the orange construction vest who a couple of weeks back angrily yelled at the Occupy Baltimore encampment that he was "working his butt off to support you guys," apparently referring to the unemployed...
  • The merger's green lining

    The merger's green lining
    The Maryland Public Service Commission's ongoing review of the proposed merger of Constellation Energy Group and Exelon Corp. has uncovered numerous pros and cons for the Baltimore-area consumer, from the loss of a corporate headquarters to the proposed...
  • What's good for Constellation isn't necessarily good for the rest of us

    When asked by the head of the Public Service Commission what would happen if the Exelon-Constellation merger didn't go through, Constellation CEO Mayo A. Shattuck III said it would be bad for shareholders and hurt Constellation's reputation in the world....
  • Constellation and EDF: A marriage gone south

    Two years ago, Constellation Energy Group and its French nuclear partner EDF were BFFs. Today, with EDF seeking to torpedo the Baltimore company's plan to sell itself to Chicago-based Exelon Corp., the relationship between the former "best friends...
  • Millions for executive pay, but not a penny for dry ice?

    I just read a quote from a woman who said that she was told by Baltimore Gas & Electric that the company couldn't afford to give out dry ice to people without power. Why doesn't CEO Mayo Shattuck give up some of his millions for dry ice? If he and his...
  • Exelon-Constellation announces leadership team for merged firm

    Several top Constellation Energy executives would hold senior leadership positions in the combined company if its planned merger with Exelon Corp. is approved, Exelon said Friday. Jonathan W. "Jack" Thayer, Constellation's chief financial officer,...
  • 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...