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Mayo A. Shattuck III

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Top Mayo A. Shattuck III Articles

Displaying items 34-44
  • Constellation reports 4Q loss

    Constellation Energy Group, which is selling itself to Exelon Corp., reported a loss Friday in the fourth quarter, what is expected to be the energy giant's last earnings release as a publicly traded Baltimore company. Its earnings came out before the...
  • Three Constellation directors named to Exelon board

    Constellation Energy Group's three directors have been named to serve on Exelon's board of directors once the merger between the two energy giants is completed Constellation Energy Group's three directors have been named to serve on Exelon's board of...
  • Feds approve Constellation-Exelon merger

    Feds approve Constellation-Exelon merger
    Constellation Energy Group and Exelon Corp. are expected to close their $7.9 billion merger Monday, after the deal cleared its final regulatory hurdle Friday. The approval by the Federal Energy Regulatory Commission ends an almost yearlong effort to...
  • Baltimore: America's biggest branch town

    Baltimore: America's biggest branch town
    The name "Constellation Energy" will still be around. The energy trading firm will still be doing much the same thing it ever has in a large, new building on Baltimore's waterfront. It will have somewhat fewer employees, but it will, at least for the next...
  • Constellation CEO pay increases 11 percent last year

    Mayo A. Shattuck IlI -- who successfully engineered the sale of Constellation Energy Group to Chicago-based Exelon Corp. – took in $17.3 million in total compensation last year, a nearly 11 percent increase from 2010. Shattuck's base salary of $1.3...
  • Constellation merger hearings to take longer than expected

    Maryland energy regulators have added at least two more days to their review of Constellation Energy Group's plans to sell itself to Chicago-based Exelon Corp. The move brings the number of days allotted for evidentiary hearings to 11. The hearings are...
  • Constellation, Exelon chiefs testify before PSC

    Constellation, Exelon chiefs testify before PSC
    Top executives of Constellation Energy Group and Exelon Corp. faced questions about reliability, local management of Baltimore Gas and Electric, and corporate governance Monday at the start of what is expected to be an exhaustive regulatory review of...
  • 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...