Summary:

Charlie Ergen is handing off his duties as president and CEO of satellite tech company EchoStar (NSDQ: SATS) to returning exec Michael Dugan…

Charlie Ergen, Echostar

Charlie Ergen is handing off his duties as president and CEO of satellite tech company EchoStar (NSDQ: SATS) to returning exec Michael Dugan. Ergen will stay on as chairman; he’s also still chairman and CEO of Dish Network, which spun off EchoStar in 2008. Dugan serves on EchoStar’s board. Dugan held several executive roles, including president and COO of EchoStar from 1990 through 2004.

In a statement, Ergen called Dugan “the chief architect behind the technological foundation for EchoStar and DISH Network,” adding that this appointment “establishes a highly seasoned team for leading EchoStar’s endeavors in deploying advanced set-top box technologies and delivering satellite services worldwide.” Release.

By David Kaplan

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