leadership
confidence high
sentiment neutral
materiality 0.60
EchoStar CEO Hamid Akhavan appointed as DISH CEO effective Nov 13, 2023
EchoStar CORP
- Hamid Akhavan, EchoStar's current CEO and President, named President and CEO of DISH effective Nov 13, 2023.
- Mr. Akhavan retains his roles at EchoStar; his compensation continues to be paid by EchoStar through merger close.
- Upon merger completion or termination, DISH will reimburse EchoStar for a portion of comp proportional to time spent as DISH CEO.
- Arrangement approved by EchoStar's Special Committee and Board of Directors.
- Appointment aligns leadership ahead of the previously announced EchoStar-DISH merger.