EchoStar CEO Akhavan resigns amid Dish bankruptcy
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EchoStar Capital CEO Hamid Akhavan, who also served as president and CEO of Hughes Satellite Systems, has left the building. His departure was disclosed in a July 7 Security and Exchange Commission (SEC) filing. EchoStar Chairman Charlie Ergen will take over Akhavan's responsibilities as principal chief executive of Hughes. The SEC filing said Akhavan's departure came after discussions Monday with the Board of Directors regarding a "change of strategic direction." His resignation was effective immediately. No other reason was given for his abrupt departure. EchoStar declined further comment. Akhavan will be available to consult with the company and Hughes through December 31, 2026. Akhavan was appointed CEO and president of EchoStar in March 2022, succeeding Michael Dugan, who retired after more than 30 years at EchoStar and its predecessors. Akhavan became CEO of EchoStar Capital in 2025 after a corporate restructuring. The company said EchoStar Capital will fold into Corporate Development run by Tom Cullen, who has almost 20 years with the company as executive vice president, Corporate Development. Last week, EchoStar subsidiaries Dish DBS and Dish Wireless filed Chapter 11 bankruptcy cases seeking confirmation of a prepackaged restructuring support agreement. EchoStar said the Chapter 11 filing would not impact its mobile phone brands Boost Mobile and Gen Mobile, Hughes...
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