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Tag Archives: Mayo A. Shattuck III

Exelon completes $7.9B acquisition of Constellation

Exelon Corp. will proceed immediately with staffing decisions now that the company has completed its $7.9 billion acquisition of Baltimore-based Constellation Energy Group, a company spokeswoman said Monday. The deal, which has been in the works for nearly a year, ...

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Constellation earns $73.7M in 3rd quarter, but misses estimates (access required)

Almost five years to the day from when Constellation Energy Group Inc. and Florida Power and Light Group Inc. officially called it quits on their plans to merge, Constellation is gearing up to face the state regulatory agency that was ...

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Constellation earns 49 cents per share, but misses estimates

Profits at Constellation Energy Group Inc. climbed 37 percent in the second quarter based on strong performances at its core businesses, the company reported Wednesday. Constellation reported earnings of $99.2 million, or 49 cents a share, compared to $72.6 million, ...

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PSC ruling on Constellation deal due in January (access required)

Hearings and discussions over Exelon Corp.’s proposed acquisition of Constellation Energy Group will take more than two months according to state regulators who outlined the process on Tuesday. The Maryland Public Service Commission held its first hearing on the $7.9 ...

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Constellation shareholders vote against Shattuck’s pay package

Constellation Energy Group Inc.’s shareholders have voiced their concerns about the Baltimore energy company’s management as part of their decision to vote against pay packages proposed for Chief Executive Mayo A. Shattuck III and other top executives. While the vote ...

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Constellation’s first quarter profit and revenue fall

Constellation Energy Group said Friday profits were down in the first quarter of 2011  due to higher costs and declines in revenue. Baltimore-based Constellation, which last week announced it would be acquired by  Chicago-based Exelon, reported net income of $70.4 ...

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Constellation deal doesn’t have change of control payments (access required)

A few years ago, during the last effort to sell Constellation Energy Group Inc., CEO Mayo A. Shattuck III stood to make nearly $50 million under a clause in his employment contract dealing with change of ownership at the company. ...

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Constellation Energy, Exelon Corp. to merge in $7.9 billion deal

If Exelon Corp. is successful in its acquisition of Constellation Energy Group Inc., Baltimore could become a hub of energy trading and benefit from the addition of jobs, but it would come at a cost — the loss of the ...

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Constellation says CEO Shattuck earned $12M in 2010, SEC says $15.7M

Constellation Energy Group CEO Mayo A. Shattuck III earned $12 million in 2010, according to the company. Or, Shattuck earned $15.7 million, according calculations used by Securities and Exchange Commission. Constellation said Friday that Shattuck earned the same amount last ...

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