The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

Highest paid CEO in Maryland

Aug 6, 2007

Here is the 2006 pay package for Mayo A. Shattuck, CEO of Constellation Energy, parent company of BGE (Baltimore Gas and Electric):

Salary & bonus in cash$11,800,000
Stocks in Constellation8,012,980
Perks & other245,689
TOTAL$20,058,669

In plain English, he got 20 million bucks in 2006. He's one guy who doesn't have to choose between mortgage payments or turning on the AC!