---
schema_version: "secwatch.filing_event.v1"
accession: "0001415404-22-000073"
form_type: "8-K"
ticker: "SATS"
cik: "0001415404"
company_name: "EchoStar CORP"
filed_at: "2022-10-03T23:59:59+00:00"
generated_at: "2026-06-23T05:53:55.207385+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# EchoStar CFO David Rayner to retire Oct 7; CEO Akhavan to serve as interim principal financial officer

## Summary
- David Rayner's last day as EVP, CFO, COO, and Treasurer is October 7, 2022.
- CEO Hamid Akhavan will assume principal financial officer role while company searches for permanent CFO.
- Muhammad Ali Butt, SVP and CAO, appointed as principal accounting officer effective Oct 7.
- Neither Akhavan nor Butt will receive additional compensation for the added responsibilities.
- Rayner's retirement is not due to any disagreement with the company's operations, policies, or procedures.

## SEC filing metadata
- accession: 0001415404-22-000073
- form_type: 8-K
- ticker: SATS
- cik: 0001415404
- company_name: EchoStar CORP
- filed_at: 2022-10-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1415404/000141540422000073/0001415404-22-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1415404/000141540422000073/sats-20220927.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001415404-22-000073
- JSON: https://secwatch.observer/filing/0001415404-22-000073.json
- Plain text: https://secwatch.observer/filing/0001415404-22-000073.txt

## Key facts
- Executive change
  Hamid Akhavan changed role as principal financial officer at EchoStar CORP.
  - Action: assumed the role of principal financial officer
  - Role: principal financial officer
  source text: Effective immediately following Mr. Rayner’s retirement, Hamid Akhavan, the Company’s Chief Executive Officer and President, will assume the role of principal financial officer while the Company searches for a permanent replacement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1415404/000141540422000073/0001415404-22-000073-index.htm
- Executive change
  David Rayner retired as Executive Vice President, Chief Financial Officer, Chief Operating Officer, and Treasurer at EchoStar CORP.
  - Action: retired
  - Role: Executive Vice President, Chief Financial Officer, Chief Operating Officer, and Treasurer
  source text: On September 27, 2022, Mr. Rayner notified the Company that his last day with the Company will be October 7, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1415404/000141540422000073/0001415404-22-000073-index.htm
- Executive change
  Muhammad Ali Butt was appointed as principal accounting officer at EchoStar CORP.
  - Action: appointed
  - Role: principal accounting officer
  source text: Also effective immediately following Mr. Rayner’s retirement, Muhammad Ali Butt, Senior Vice President and Chief Accounting Officer of the Company, has been appointed to serve as the Company’s principal accounting officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1415404/000141540422000073/0001415404-22-000073-index.htm

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