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Mayo A. Shattuck III

Mayo A. Shattuck III
Born 1954 (age 62–63)
Residence Baltimore, Maryland
Alma mater Williams College
Spouse(s) Jennifer W. Budge (m. 1976; div. 1995)
Molly Shattuck (m. 1997; div. 2014)
Children 5
Website Official website

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

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.

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.


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