EchoStar Corp. Board and Officer Changes Announced
| Field | Detail |
|---|---|
| Company | Hughes Satellite Systems Corp |
| Form Type | 8-K |
| Filed Date | Dec 29, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, officer-appointments, governance
TL;DR
EchoStar (SATS) shakes up its board and exec team. Big changes ahead?
AI Summary
EchoStar Corp. (SATS) announced on December 26, 2025, a change in its board of directors, with the election of new directors and the appointment of certain officers. The filing also includes information regarding compensatory arrangements for these officers. Hughes Satellite Systems Corp. and DISH Network Corp. are also listed as related entities in this filing.
Why It Matters
Changes in a company's board and executive officers can signal shifts in strategy, governance, or operational focus, potentially impacting future performance and investor confidence.
Risk Assessment
Risk Level: medium — Board and officer changes can indicate internal shifts that may affect company direction and performance.
Key Players & Entities
- EchoStar Corp. (company) — Filer
- Hughes Satellite Systems Corp. (company) — Related Entity
- DISH Network Corp. (company) — Related Entity
- 20251226 (date) — Date of Report
FAQ
What specific changes were made to the board of directors at EchoStar Corp.?
The filing indicates the election of new directors and the appointment of certain officers, but does not specify the names of the individuals or the exact number of changes.
What is the significance of the compensatory arrangements mentioned for certain officers?
The filing states that information regarding compensatory arrangements of certain officers is included, but the specific details of these arrangements are not provided in this summary.
When was the report filed and what period does it cover?
The report was filed on December 29, 2025, and the period of report is December 26, 2025.
What are the Central Index Keys for the listed companies?
EchoStar Corp. has a Central Index Key of 0001415404, Hughes Satellite Systems Corp. has 0001533758, and DISH Network Corp. has 0001001082.
What is the primary business classification for EchoStar Corp. and Hughes Satellite Systems Corp.?
Both EchoStar Corp. and Hughes Satellite Systems Corp. are classified under 'COMMUNICATION SERVICES, NEC' with the SIC code [4899].
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