Mayo A. Shattuck III

Chairman at Exelon

Mr. Shattuck’s extensive executive leadership experience in business and the energy industry uniquely enable him to provide strategic insights and advice and oversee the execution of business priorities. His prior operational experience leading a nuclear utility that also had customer-facing competitive retail and wholesale trading businesses brings unparalleled value to his service and oversight. Mr. Shattuck’s financial acumen from his experience in the financial services industry also brings valuable perspectives to his leadership of the Board.

Prior to becoming Chairman of Exelon, Shattuck was the Chairman, President and Chief Executive Officer of Constellation Energy, a position he held from 2001 to 2012. Constellation Energy was a Fortune 200 company that owned energy-related businesses, including a wholesale and retail power marketing and merchant generation business in North America. It also operated the Baltimore Gas and Electric Company. Shattuck was previously at Deutsche Bank, where he served as Chairman of the Board and CEO of Deutsche Banc Alex. Brown and, during his tenure, served as Global Head of Investment Banking and Global Head of Private Banking. He also served as Vice Chairman of Bankers Trust Corporation and President of Alex Brown Inc.

While Chairman and CEO of Constellation Energy and Executive Chairman of Exelon, Shattuck served as Chairman of the Board of the Institute of Nuclear Power Operations (INPO) and is a member of the Executive Committee of the Board of Edison Electric Institute (EEI) and the Nuclear Energy Institute (NEI). He was also Co-Chairman of the Center for Strategic & International Studies (CSIS) Commission on Nuclear Policy in the United States and Executive Committee member of the Council on Competitiveness.

Shattuck currently serves on the Board of Directors for Gap Inc. (GPS) and Capital One Financial Corporation (COF). Shattuck is currently Chairman of Johns Hopkins Hospital and a Trustee of Johns Hopkins Medicine and Johns Hopkins University.

Shattuck received his Bachelor of Arts degree from Williams College and his master’s degree in business administration from Stanford University, where he graduated as an Arjay Miller Scholar. Shattuck has received an honorary Doctor of Public Service degree from the University of Maryland, Baltimore County.

Timeline

  • Chairman

    Current role