secwatch.observer — SEC 8-K summary
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Issuer:     EchoStar CORP (SATS)
CIK:        0001415404
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0001415404-22-000002
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1415404/000141540422000002/0001415404-22-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1415404/000141540422000002/sats-20220217.htm
  HTML page:      https://secwatch.observer/filing/0001415404-22-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer