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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 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...
  • 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...
  • Higher BGE rates might be worth it

    Higher BGE rates might be worth it
    Say this for Baltimore Gas & Electric Co., they have a curious sense of timing. Six years ago, they sought a 72 percent rate increase at the same time that their parent company was seeking approval for a merger — and in the middle of a gubernatorial...
  • 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...