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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 45-55
  • Constellation-Exelon merger would be a disaster for BGE ratepayers

    As a BGE ratepayer, I'm strongly opposed to the Constellation-Exelon merger ("O'Malley praises Exelon-CEG deal," Dec. 16). For the third time since 2007, Constellation CEO Mayo Shattuck has been trying to engineer a buyout or merger of Constellation...
  • Maryland PSC approves Constellation sale to Exelon

    Maryland PSC approves Constellation sale to Exelon
    Maryland regulators approved Constellation Energy Group's sale to Chicago-based Exelon Corp. on Friday, setting the stage for Baltimore to lose its last Fortune 500 company to an out-of-state owner. Exelon promptly accepted the terms imposed by the...
  • 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...
  • 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...
  • 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...
  • 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...