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4-Traders Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

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Portrait de Mayo Shattuck
Age : 63
Public asset : 20,248,428 USD
Country of residence : Unknown
Linked companies : Exelon Corporation - Capital One Financial Corp. - Gap Inc - AlarmCom Hldg Inc

Summary 
Mr. Mayo A. Shattuck is Independent Chairman at Exelon Corp. and National Director at The First Tee.

He is on the Board of Directors at Alarm.com, Inc., Alarm.com Holdings, Inc., Capital One Financial Corp., Gap, Inc., Capital One NA, The Johns Hopkins University and Johns Hopkins Medicine. Mr. Shattuck was previously employed as Chairman, President & Chief Executive Officer by Constellation Energy Group, Inc., Vice Chairman by Bankers Trust Corp., President, Chief Operating Officer & Director by Alex Brown, Inc., President, Chief Operating Officer & Director by Alex. Brown & Sons, Inc., Chairman by Cash Reserve Fund, Inc., Co-Chairman by Center for Strategic & International Studies, Inc., Chairman & Co-Chief Executive Officer by DB Alex Brown LLC, Chairman-Deutsche Bank Alex by Deutsche Bank AG, and Chairman by Institute of Nuclear Power Operations, Inc.

He also served on the board at Baltimore Gas & Electric Co., C3, Inc. (California), Capital One Bank (USA) NA, Edison Electric Institute, Nuclear Energy Institute and Rosewood Venture Group.

He received his undergraduate degree from Williams College and an MBA from Stanford University.


Current positions of Mayo Shattuck 
NameTitle Since
Exelon Corporation
(Electric Utilities)
Independent Chairman 2012
Capital One Financial Corp.
(Consumer Lending)
Independent Director 2003
Gap Inc
(Apparel & Accessories Retailers)
Independent Director 2002
AlarmCom Hldg Inc
(Software)
Independent Director 2014
The Johns Hopkins University Trustee -
Johns Hopkins Medicine, Inc. Vice Chairman -
Alarm.com, Inc. Director 2014
The First Tee National Director -


Holdings of Mayo Shattuck 
NameEquities%Valuation
Exelon Corporation (EXC)
Electric Utilities
297,4460.031%11,454,645 USD
Capital One Financial Corporation (COF)
Consumer Lending
43,9500.0091%4,569,042 USD
Gap (GPS)
Apparel & Accessories Retailers
89,8880.023%2,987,877 USD
AlarmCom Hldg Inc (ALRM)
Software
28,8200.061%1,106,112 USD


Mayo Shattuck : Personal Network 
NameLinked companies
Stephen D. Steinour Commonwealth Edison Co
Yves C. de Balmann Commonwealth Edison Co
Linda P. Jojo Commonwealth Edison Co
Michael R. Koehler Commonwealth Edison Co
Paymon Aliabadi Commonwealth Edison Co
John Washington Rogers Commonwealth Edison Co
Robert J. Lawless Commonwealth Edison Co
Nicholas DeBenedictis Commonwealth Edison Co
Ann C. Berzin Commonwealth Edison Co
Paul L. Joskow Commonwealth Edison Co


Biography of Mayo Shattuck 
Mayo A. Shattuck III (b. 1954 in Massachusetts) is an American businessman, and currently the executive chairman of Chicago-based Exelon (which owns BGE) and the Atlanta-based Institute of Nuclear Power Operations.

Early life and education
Shattuck graduated from the Noble and Greenough School in Dedham, Massachusetts and received a Bachelor of Arts from Williams College and an MBA from Stanford University, where he graduated as an Arjay Miller Scholar.

Career
Not much is known about Shattuck's career before joining Alex. Brown & Sons at its San Francisco office, where he played a role in arranging funding for various high-tech clients and public offerings for companies such as Microsoft and America Online. By 1991 he became president and chief operating officer at Alex. Brown, second to future CIA Executive Director A. B. "Buzzy" Krongard.

In 1997, they helped engineer the company's sale to Bankers Trust for $1.7 billion. After Bankers Trust was acquired by Deutsche Bank, Shattuck served as Chairman of the Board of Deutsche Bank Alex. Brown and also served as heads of Investment Banking and Private Banking. Shattuck resigned on September 12, 2001 as head of Deutsche Bank Alex. Brown.

On October 26, 2001, Shattuck was appointed President and CEO of Constellation Energy Group, and was elected Chairman of the Board in July 2002.

While Shattuck was CEO of Constellation Energy, the price of electricity paid by residential customers in the service area of the CEG wholly owned company BGE increased 72% when the temporary electricity rate price caps, which had set the price of electricity below the market price and were instituted with the deregulation of the electric market in Maryland, ended. In 2008, the stock price of Constellation Energy dropped from a $107.97 high to a low of $13.00.

After Exelon completed its acquisition of Constellation Energy, Shattuck assumed the new role of Executive Chairman reporting under Exelon CEO Christopher Crane.

Other affiliations

In 1997, Mayo Shattuck was made trustee of the Seagram Company, Ltd.

Shattuck has several other notable past and current affiliations, including directorships at Gap, Inc and Capital One, positions on several lobbying and policy advocacy organizations (including the Edison Electric Institute, the Nuclear Energy Institute and the Institute of Nuclear Power Operations), board memberships at several educational institutions (Johns Hopkins, Stanford and the University of Maryland) and at The Walters Art Museum in Baltimore.

Personal life
Shattuck was married to Molly Shattuck (née George), his second wife, known for being the oldest Baltimore Ravens cheerleader in NFL history. They have three children, Spencer, Wyatt and Lillian, and in March 2014, Molly Shattuck said she had separated from Mayo Shattuck. On September 29, 2014, Molly Shattuck filed for divorce. On November 3, 2014, the Shattucks were officially divorced in Baltimore County.

Shattuck has two children, Mayo IV and Kathleen (Katie), from his first marriage to Jennifer W. Budge.



Source @ Wikipedia



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Mayo Shattuck : Connections 
United Airlines, Inc.
The Chicago Network
Adler Planetarium & Astronomy Museum


Latest news about Mayo Shattuck 
2012 EXELON CORPORATION : FERC warns power, natural gas traders on manipulation
2012 Exelon-Constellation Merger Approved By Maryland Regulators
2012 EXELON CORPORATION : UPDATE : Exelon Posts Higher 4Q Profit But Revenue Slides
2012 EXELON CORPORATION : Exelon Market Cap 'In A Trench,' See Better Times Ahead - CEO
2009 U.S. utilities post strong results
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