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Mayo A. Shattuck III, born in February 1954, is the former CEO of Constellation Energy, a major energy company in the US where he served from 2008 to 2012. He holds a bachelor's degree in economics from Harvard University, giving...

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Mayo A. Shattuck, III

Ex-CEO of Constellation Energy

Education

Bachelor's degree in economics from Harvard University

Field of Expertise

Business & Management

Sector of Economy

Utilities

Born

February 1, 1954 - 71 years ago

CEO of Constellation Energy for

4 years 0 months (Feb 2008 - Mar 2012)

Previous Experience

CEO of Constellation Energy Group, Inc.

Holdings

See how much did Mayo A. Shattuck, III make over time.

Mayo A. Shattuck III's insider trading activities have shown substantial fluctuations in his wealth, particularly with his holdings in Constellation Energy. Over the years, he reported a peak holding value of approximately $26.78 million in January 2022, showcasing his confidence...

Total Stock Sold

$72.90M

EXC

$72.90M

2,684,110 EXC shares

What if they kept their stock?

If Mayo A. Shattuck, III didn't sell their stock, today they would have:
Extra EXC2,684,110 shares worth $97.49M.
This is 33.73% and $24.59M more than what they got when they sold the stock.

Charitable Transactions

EXC

78,519 shares

EXC

Recent Charitable Transactions

EXC

78,519 shares

EXC

Dec 18, 2012

Charity

Insider Trading

See recent insider trades of Mayo A. Shattuck, III.

No insider trades found for this CEO.

Compensation History

See how much did Mayo A. Shattuck, III make over time.

In 2010, Mayo A. Shattuck III's total compensation amounted to $1.5 million. His pay included a base salary of $1.3 million, but no bonuses were awarded that year because the company did not meet certain performance metrics. Instead, he received a short-term incentive award that was mainly in stock units, highlighting a company policy to align executive rewards with performance. His stock holdings were structured so that he had to keep them until retirement, reinforcing a long-term commitment to shareholder value. Overall, his compensation was carefully designed to ensure that his interests were aligned with those of the company's shareholders, reflecting a broader trend in executive compensation during his tenure.

Year

2010

Total Compensation

$2.76M

Salary

$1.30M

Board Justification

The compensation philosophy is designed to align executive pay with company performance, rewarding executives for achieving and exceeding metrics that support corporate strategy.

Bonus

$0.00

Board Justification

No bonus was awarded in 2010; however, a short-term incentive award was provided.

Other

$124.40K

Board Justification

Includes matching contributions under the 401(k) savings plan, long-term disability plan premium, and perquisites.

Restricted Stock

$1.34M(407.89K common stock)

Board Justification

The stock units granted in 2010 were fully vested and had a sale restriction that ends December 28, 2011.

Performance Metrics

Performance metrics included financial, customer, process, and people and knowledge objectives.

Other Constellation Energy CEOs

Here are other CEOs of Constellation Energy