EchoStar Corp. Announces Executive Departure and Board Changes
Ticker: SATS · Form: 8-K · Filed: Dec 29, 2025 · CIK: 1415404
Sentiment: neutral
Topics: executive-departure, board-changes, filings
TL;DR
EchoStar's CLO is out, two new directors are in, and financials are filed.
AI Summary
EchoStar Corp. announced on December 26, 2025, the departure of its Chief Legal Officer, David K. Hall, effective December 27, 2025. The company also elected two new directors, Pamela J. Knapp and Michael T. Smith, to its Board of Directors. Additionally, EchoStar Corp. filed financial statements and exhibits related to these changes.
Why It Matters
This filing indicates significant changes in EchoStar's leadership and board composition, which could signal strategic shifts or governance adjustments within the company.
Risk Assessment
Risk Level: medium — Changes in key executive positions and board membership can introduce uncertainty regarding future strategy and operational stability.
Key Players & Entities
- EchoStar Corp. (company) — Filing company
- David K. Hall (person) — Departing Chief Legal Officer
- Pamela J. Knapp (person) — Newly elected Director
- Michael T. Smith (person) — Newly elected Director
- Hughes Satellite Systems Corp (company) — Related entity
- DISH Network Corp (company) — Related entity
FAQ
Who has departed from EchoStar Corp. and what was their role?
David K. Hall, the Chief Legal Officer, has departed from EchoStar Corp.
When was David K. Hall's departure effective?
David K. Hall's departure was effective December 27, 2025.
Who has been elected to EchoStar Corp.'s Board of Directors?
Pamela J. Knapp and Michael T. Smith have been elected to EchoStar Corp.'s Board of Directors.
What other items were filed by EchoStar Corp. on December 29, 2025?
EchoStar Corp. also filed financial statements and exhibits.
What is EchoStar Corp.'s Standard Industrial Classification code?
EchoStar Corp.'s Standard Industrial Classification code is 4899 (COMMUNICATION SERVICES, NEC).
Filing Stats: 770 words · 3 min read · ~3 pages · Grade level 12.3 · Accepted 2025-12-29 17:05:07
Key Financial Figures
- $0.001 — hich registered Class A common stock, $0.001 par value SATS The Nasdaq Stock Mar
Filing Documents
- tmb-20251226x8k.htm (8-K) — 87KB
- tmb-20251226xex10d1.htm (EX-10.1) — 54KB
- tmb-20251226xex10d1001.jpg (GRAPHIC) — 8KB
- tmb-20251226xex10d1002.jpg (GRAPHIC) — 1KB
- tmb-20251226xex10d1003.jpg (GRAPHIC) — 1KB
- tmb-20251226xex10d1004.jpg (GRAPHIC) — 2KB
- 0001415404-25-000052.txt ( ) — 348KB
- tmb-20251226.xsd (EX-101.SCH) — 4KB
- tmb-20251226_def.xml (EX-101.DEF) — 14KB
- tmb-20251226_lab.xml (EX-101.LAB) — 20KB
- tmb-20251226_pre.xml (EX-101.PRE) — 15KB
- tmb-20251226x8k_htm.xml (XML) — 20KB
02
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 26, 2025 (the "Effective Date"), in connection with Mr. Hamid Akhavan's appointment as Chief Executive Officer, EchoStar Capital, Mr. Akhavan and EchoStar Corporation (the "Company") entered into a new letter agreement (the "Letter Agreement") that replaces and supersedes the previous letter agreement with Mr. Akhavan dated October 2, 2023. The Letter Agreement: (i) continues his existing base salary and bonus opportunity unchanged; (ii) provides that vesting of the final tranche of Mr. Akhavan's December 31, 2023 option award would accelerate in the event of a Qualifying Termination; and (iii) provides that any future equity awards on or after the Effective Date are at the discretion of the Chairman and the Executive Compensation Committee. The Letter Agreement expires by its terms on December 31, 2026. The foregoing description of the Letter Agreement does not purport to be complete and is qualified in its entirety by reference to the Letter Agreement, which is filed as an exhibit to this Current Report on Form 8-K.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibit No. Description Exhibit 10.1 Letter Agreement, dated December 26, 2025, by and between EchoStar and Hamid Akhavan. Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ECHOSTAR CORPORATION DISH NETWORK CORPORATION HUGHES SATELLITE SYSTEMS CORPORATION DISH DBS CORPORATION Date: December 29, 2025 By: /s/ Dean A. Manson Dean A. Manson Chief Legal Officer and Secretary