Mayo Shattuck

Chairman and CEO of Constellation Energy

Mayo Shattuck is currently the president, chairman, and chief executive officer of Constellation Energy. His position as president and CEO of Constellation Energy was effective as of November 1, 2001. In the few years that Mayo Shattuck has been the in top position at Constellation Energy, numerous changes have been implemented in both the company's strategic business plan and corporate culture. Mayo Shattuck was the primary driver behind the company's new strategic course.

The changes which occurred at Constellation Energy did not occur overnight. Mayo Shattuck decided to emphasize growth through a focus on competitive energy markets. He built an exceptional management team—each member selected for their functional expertise. The changes implemented by Mayo Shattuck at Constellation Energy were the key to its recent successes.

Constellation Energy is a Fortune 200 company that is on the verge of breaking into the Fortune 100, in large part to Mayo Shattuck's leadership. Under Mayo Shattuck's direction, Constellation Energy has made great leaps within the industry. Constellation Energy has also received numerous industry awards after Mayo Shattuck became president and CEO. Most recently, the company received the 2005 Edison Award - the power industry's highest honor, was named one of America's 100 Fastest-Growing Companies by Fortune magazine, ranked as a top 250 Global Energy Company by Platts, ranked the No. 1 utility in BusinessWeek's annual evaluation of the best-performing companies on the S&P 500 stock index, and garnered media attention from leading publications, including Forbes, Fortune, Barron's, the Washington Post and the Baltimore Sun.

Before Constellation Energy's Announcement on 10/26/01, Deutsche Bank, Bankers Trust, and Alex, Brown & Sons Benefited from Mayo Shattuck's Business Savvy

The news that Mayo Shattuck was joining Constellation Energy was announced on 10/26/01. Mayo Shattuck brought extensive business experience from his previous positions at Deutsche Bank, Bankers Trust, and Alex, Brown & Sons. Considering that Mayo Shattuck has been in the top position at Constellation Energy for less than five years since the announcement on 10/26/01, he has done an amazing job, showing that his previous successes at Deutsche Bank, Bankers Trust, and Alex, Brown & Sons were not flukes. Mayo Shattuck achieved great success at Deutsche Bank, Bankers Trust, and Alex, Brown & Sons because of his business acumen, which he brought to Constellation Energy after 10/26/01.

Mayo Shattuck accomplished many things at Deutsche Bank, Banker's Trust, and Alex, Brown & Sons. According to the 10/26/01 announcement, he began his career at Alex Brown & Sons, helping launch several IPOs, including those for America Online, Sun Microsystems, and Oracle Systems Corp. Eventually, he helped engineer the merger between Alex, Brown & Sons and Bankers Trust. Two years after the merger, he helped craft another deal between Bankers Trust and Deutsche Bank. After the Deutsche Bank and Bankers Trust merger, Mayo Shattuck had numerous responsibilities, delineated in the 10/26/01 announcement. This announcement is an excellent source of information on Mayo Shattuck's career before he joined Constellation Energy. The information is on the Constellation Energy Web site, under press releases in the news and media section. The release is filed by date, so see the 10/26/01 releases for more information on Mayo Shattuck.