---
schema_version: "secwatch.filing_event.v1"
accession: "0001415404-22-000002"
form_type: "8-K"
ticker: "SATS"
cik: "0001415404"
company_name: "EchoStar CORP"
filed_at: "2022-02-22T23:59:59+00:00"
generated_at: "2026-06-27T06:01:42.575197+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# EchoStar names Hamid Akhavan as CEO and President, effective March 31, 2022

## Summary
- Michael Dugan retires as CEO/President on March 31, 2022; stays on board of directors.
- Hamid Akhavan appointed CEO/President effective March 31, 2022; previously partner at Twin Point Capital.
- Akhavan's compensation: $1M base salary, $1M target annual cash award (2022 minimum $750k), equity of 700k options + 300k RSUs vesting over 3 years.
- Akhavan was CEO of Unify and T-Mobile International; serves on boards of Vonage and Anterix.

## SEC filing metadata
- accession: 0001415404-22-000002
- form_type: 8-K
- ticker: SATS
- cik: 0001415404
- company_name: EchoStar CORP
- filed_at: 2022-02-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1415404/000141540422000002/0001415404-22-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1415404/000141540422000002/sats-20220217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001415404-22-000002
- JSON: https://secwatch.observer/filing/0001415404-22-000002.json
- Plain text: https://secwatch.observer/filing/0001415404-22-000002.txt

## Key facts
- Executive change
  Michael Dugan departed as Chief Executive Officer at EchoStar CORP.
  - Action: stepped down
  - Role: Chief Executive Officer
  source text: Michael Dugan would be stepping down as the Company’s Chief Executive Officer simultaneously with Mr. Akhavan’s commencing employment.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1415404/000141540422000002/0001415404-22-000002-index.htm
- Executive change
  Hamid Akhavan was appointed as Chief Executive Officer and President at EchoStar CORP.
  - Action: appointed
  - Role: Chief Executive Officer and President
  source text: Hamid Akhavan will join the Company as its Chief Executive Officer and President.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1415404/000141540422000002/0001415404-22-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.