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July 26, 2005

Mayo Shattuck New Chair of UMBC Board of Visitors

Greg Barnhill to Head Board of Alex. Brown Center

CONTACT: Mike Lurie
Office: 410-455-6380
Cellphone: 443-695-0262

BALTIMORE – Two prominent members of the greater Baltimore business community are assuming new positions in their ongoing volunteer leadership roles with the University of Maryland, Baltimore County (UMBC). Mayo A. Shattuck, III is the new chair of the UMBC President’s Board of Visitors. Greg Barnhill will succeed Shattuck as chair of the external advisory board for the UMBC Alex. Brown Center for Entrepreneurship. The appointments became effective July 1, 2005.

Shattuck, now the Chairman of the board, President, and Chief Executive Officer of Constellation Energy, was the impetus behind a generous gift of $1 million from the Alex. Brown Foundation in Spring 2000 to start the Alex. Brown Center for Entrepreneurship. As new chair of the UMBC Board of Visitors, an advisory board, he succeeds Earl L. Linehan of Woodbrook Capital, Inc. Shattuck received his B.A. from Williams College and his M.B.A. from Stanford University.

The Alex. Brown Center for Entrepreneurship works closely with the Baltimore business community to establish entrepreneurial learning opportunities and business experiences for UMBC students.

Barnhill, a Partner and Member of the Board of Brown Advisory Securities, will help guide the Alex. Brown Center’s mission of developing entrepreneurs for the region. Barnhill and Shattuck have served together on the Center’s board.

“We're very grateful to Mayo Shattuck for his leadership and active involvement in establishing and guiding the Alex. Brown Center for Entrepreneurship,” said Vivian Armor, Director of the Alex. Brown Center. “We've made tremendous progress over the past few years, and we're excited about the opportunity to work with Greg Barnhill to continue to expand our initiatives.”

“Mayo Shattuck is a major asset for greater Baltimore,” said UMBC President Freeman A. Hrabowski, III. “UMBC is honored to have him as one of our leading ambassadors in the business community.”

Says Shattuck, “Greg Barnhill brings 28 years of investment industry experience to this position with the Alex. Brown Center. That background, coupled with his extensive participation in various civic projects throughout the Baltimore region, position Greg well to continue expanding the center’s impact on UMBC students.”

Barnhill is well-known for his extensive activity in civic activities throughout the region. He played a lead role in the winning bids that made Baltimore and Annapolis stopovers in the 1998 and 2002 Volvo Ocean Race, an around-the-world sailing regatta. More recently, he was co-chair of the finance committee for the 2005 Miss USA pageant, broadcast live from the Hippodrome Theater in Baltimore.

“My ongoing relationship with UMBC faculty and students has shown me that the university, through the Alex. Brown Center, is an ideal resource in providing students who make an entrepreneurial impact in our community,” Barnhill says.

Posted by mlurie at July 26, 2005 11:59 AM