CEO Hamid Akhavan resigns; Charles Ergen takes over Hughes; EchoStar Capital folded

Hughes Satellite Systems Corp

Hamid Akhavan resigned as CEO of EchoStar Capital, President/CEO of Hughes, and board member, effective July 6, 2026.
Charles W. Ergen assumes role as Principal Executive Officer of Hughes.
EchoStar Capital will be folded into Corporate Development led by EVP Thomas A. Cullen.
Akhavan's outstanding options vesting accelerated to July 6, 2026; he will consult through Dec 31, 2026.

item 5.02 item 8.01

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Executive movements

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Appointed

Charles W. Ergen

Principal Executive Officer of Hughes

Hughes Satellite Systems Corp

Effective: 2026-07-06
Filed: July 7, 2026, 9:01 AM ET

Mr. Charles W. Ergen will take over Mr. Akhavan’s responsibilities as Principal Executive Officer of Hughes.

Departed

Hamid Akhavan

Chief Executive Officer, EchoStar Capital, President and Chief Executive Officer, Hughes and board member

Hughes Satellite Systems Corp

Effective: 2026-07-06
Successor: Charles W. Ergen
Filed: July 7, 2026, 9:01 AM ET

Mr. Hamid Akhavan, Chief Executive Officer, EchoStar Capital, President and Chief Executive Officer Hughes (as defined below) and a member of EchoStar Corporation’s (“EchoStar” or the “Company”) and Hughes Satellite Systems Corporation (“Hughes”) boards of directors, notified the Company and Hughes that he will resign effective immediately from all positions with the Company and Hughes.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Charles W. Ergen was appointed as Principal Executive Officer of Hughes at Hughes Satellite Systems Corp.

Action: appointed
Role: Principal Executive Officer of Hughes

Exact text from the filing

Mr. Charles W. Ergen will take over Mr. Akhavan’s responsibilities as Principal Executive Officer of Hughes.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Hamid Akhavan resigned as Chief Executive Officer, EchoStar Capital, President and Chief Executive Officer, Hughes and board member at Hughes Satellite Systems Corp.

Action: resigned
Role: Chief Executive Officer, EchoStar Capital, President and Chief Executive Officer, Hughes and board member

Exact text from the filing

Mr. Hamid Akhavan, Chief Executive Officer, EchoStar Capital, President and Chief Executive Officer Hughes (as defined below) and a member of EchoStar Corporation’s (“EchoStar” or the “Company”) and Hughes Satellite Systems Corporation (“Hughes”) boards of directors, notified the Company and Hughes that he will resign effective immediately from all positions with the Company and Hughes.

View on SEC.gov

Source: SEC EDGAR

accession 0001104659-26-080994

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