Mayo A. Shattuck III

Former Constellation CEO Shattuck retires from Exelon — but remains on its board

2013-03-15 17:31:40

Mayo A. Shattuck III, who coordinated the sale of two Baltimore institutions to out-of-state concerns and ran the region's power company for a volatile decade, has retired from the parent of Baltimore Gas and Electric Co. Chicago-based Exelon Corp. didn'...

CEO compensation: Sometimes pay and performance go in opposite directions

2012-10-08 04:00:00

Fun (or possibly not-so-fun) factoid: Six of the CEOs running the Baltimore area's largest public companies saw their compensation soar last year even though profits shrank -- or the firms lost money. The smallest pay-package increase among those half-...

Maryland's wealthy dig deep to donate to super PACS

2012-10-14 00:00:00

There are big political contributors, and then there are BIG contributors. Count Baltimore trial lawyer and Orioles owner Peter Angelos among the latter. Angelos has donated at least $1.22 million, mostly to super PACs backing Democrats, according to the...

CEO pay rises at most local public companies

2012-10-07 00:00:00

As pay raises go, it's hard to beat a fivefold increase. That's the jump Hunt Valley-based Omega Healthcare Investors' CEO saw in compensation last year. After getting a thumbs down for its executive pay from a shareholder advisory firm, the company told...

Higher BGE rates might be worth it

2012-07-27 13:24:00

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...

A 10th circle of hell for BGE executives

2012-07-11 06:45:00

First, kudos to all those great utility crews from Maryland and other states and provinces. Your hard work and dedication under difficult circumstances are much appreciated by BGE customers. As for Kenneth DeFontes, Stephen Woerner, Christopher Burton,...

Power outages a sign of the oligarchic times

2012-07-12 07:30:00

The extended power outages for Baltimore Gas and Electric customers are a symptom of the decline of this country. When I was growing up in the 1970s in Northern Virginia, we never lost power for a week. Not when we received two feet of snow. Not even...

Maryland PSC approves Constellation sale to Exelon

2012-02-17 17:11:10

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...

Feds approve Constellation-Exelon merger

2012-03-09 18:42:45

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

2012-03-14 09:41:00

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

2012-04-27 15:44:00

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...

Three Constellation directors named to Exelon board

2012-02-22 16:32:00

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...

Exelon CEO Mayo Shattuck with children Spencer, Wyatt and Lillian. Says Mayo Shattuck: "It's awesome -- I guess everyone says that. We're lucky to have won one Super Bowl, it would be historic to win two.

2013-02-03 00:00:00

Baltimore Mayor Stephanie Rawlings-Blake chats with Exelon Chairman Mayo Shattuck, who is flanked by children Spencer, 14, Wyatt, 12 and Lillian, 10.

2013-02-02 00:00:00

Molly Shattuck, former Baltimore Ravens cheerleader and Molly Shattuck Vibrant Living founder, and her husband, Mayo Shattuck, Exelon executive chairman, brought their children, from left, Spencer, 14, Lillian, 10, and Wyatt, 11. "I'll be 12 in a few days," Wyatt emphasized.

2013-01-06 00:00:00