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...
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 him a solid foundation in business principles. Under his leadership, Shattuck navigated the company through significant changes, including a merger involving numerous executives waiving their rights to equity in the surviving corporation. A notable aspect of his tenure included a strong focus on aligning executive pay with company performance, ensuring that compensation was tied to successful metrics in financial and operational goals. Interestingly, in 2010, his compensation reached $1.5 million, which included significant stock awards designed to keep him aligned with shareholder interests. Shattuck's engagement with insider trading has shown fluctuations in wealth, from around $25 million to $20 million at various points, indicating a keen focus on the company's stock performance. He was credited with strategic decisions that prioritized long-term growth and sustainability for Constellation Energy.