UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): December 4, 2012 (December 3, 2012)

 

ECHOSTAR CORPORATION

(Exact name of registrant as specified in its charter)

 

NEVADA

 

001-33807

 

26-1232727

(State or other jurisdiction

of incorporation)

 

(Commission
File

Number)

 

(IRS Employer

Identification No.)

 

100 INVERNESS TERRACE E.

ENGLEWOOD, COLORADO

 

80112

(Address of principal executive offices)

 

(Zip Code)

 

(303) 706-4000

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 5.02.                                        Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On December 4, 2012, EchoStar Corporation (the “Company”) issued a press release announcing the appointment of Mr. David J. Rayner as Chief Financial Officer of the Company, effective December 3, 2012, succeeding Mr. Kenneth G. Carroll, who will assume the role of Executive Vice President of Corporate and Business Development of the Company.

 

Mr. Rayner, age 55, served as Chief Financial Officer of Tendril Networks, Inc., a Denver-based start-up, from 2011 to 2012.  Mr. Rayner served as Chief Financial Officer of the Company from June 2010 until November 2011 and served as its Chief Administrative Officer from January 2008 to June 2010.  Prior to that, Mr. Rayner served as Executive Vice President of Installation and Service Networks of DISH Network from September 2006 to December 2007 and had previously held the position of Chief Financial Officer of DISH Network from December 2004 to September 2006.  Before joining DISH Network in December 2004, Mr. Rayner served as Senior Vice President and Chief Financial Officer of Time Warner Telecom in Denver beginning in June 1998.

 

Item 9.01                                           Financial Statements and Exhibits

 

Exhibit 99.1                              Press Release of EchoStar Corporation, “EchoStar Welcomes Back Former CFO David Rayner”, dated December 4, 2012.

 

2



 

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

 

 

 

 

 

By:

/s/ Dean A. Manson

 

 

Executive Vice President, General Counsel and Secretary

Date: December 4, 2012

 

 

 

3


Exhibit 99.1

 

 

ECHOSTAR WELCOMES BACK FORMER CFO DAVID RAYNER

 

Current CFO Ken Carroll to Assume Corporate Business

Development Role

 

Englewood, Colorado — December 4, 2012- EchoStar Corp. (NASDAQ: SATS), a leading global satellite services provider and developer of hybrid video delivery technologies, today announced that David J. Rayner will return to the role of chief financial officer of EchoStar. Kenneth G. Carroll, the current chief financial officer of EchoStar, will assume a broadened role of executive vice president of corporate and business development.

 

Mr. Rayner left his position as chief financial officer of EchoStar in November 2011 to serve as the chief financial officer of a Denver-based start-up.

 

Mr. Carroll and Mr. Rayner each will report directly to Michael T. Dugan, chief executive officer and president of EchoStar. Mr. Carroll and Mr. Rayner will work side-by-side through December to ensure a smooth transition into their new roles.

 

“David and Ken are valued veterans of the satellite business. They intimately understand the inner workings and needs of EchoStar as well as the industry as a whole. These changes provide us additional executive strength, breadth and expanded resources to continue our focus on integration and operational excellence while aggressively pursuing business opportunities and future partnerships,” said Mr. Dugan.

 

Mr. Rayner has a long history with EchoStar, dating back to 2004 when EchoStar and DISH Network Corp. (DISH) were part of the same company. At DISH, he served first as chief financial officer and later as executive vice president of installation and service networks. After the spin-off of EchoStar in 2008, Mr. Rayner served first as the chief administrative officer and later as chief financial officer of EchoStar until 2011. Prior to his tenure at EchoStar, Mr. Rayner was an executive with Time Warner Telecom in Denver.

 

Mr. Carroll is a 20-year veteran of the satellite TV and broadband industries. Prior to joining EchoStar in 2010, Mr. Carroll served as president and chief operating officer of WildBlue Communications, chief financial officer for Liberty Satellite & Technology and chief financial officer for direct-to-home satellite TV provider PrimeStar.

 



 

About EchoStar Corporation

 

EchoStar Corp. (NASDAQ: SATS) is a leading global provider of satellite operations and video delivery solutions. EchoStar’s wholly-owned subsidiary, Hughes, is the world’s leading provider of satellite broadband services, delivering network technologies and managed services for enterprise and government customers in more than 100 countries.

 

Headquartered in Englewood, Colorado, with additional business units world-wide, EchoStar is a multiple Emmy award-winning company that has pioneered advancements in the set-top box and satellite industries for over 30 years, consistently delivering value for customers, partners and investors through innovation and outstanding quality. Over the last three decades EchoStar’s contribution to video technology has been a major influencer in the way consumers view, receive and manage their TV programming.

 

EchoStar’s consumer solutions include HughesNet®, North America’s #1 high-speed satellite Internet service, Sling Media’s Slingbox® products, and EchoStar’s line of advanced digital video set-top box products for the international free satellite and terrestrial viewer markets. For more information, please visit www.EchoStar.com

 

###

 

For more information about EchoStar, please contact:

Linda Haugsted

Bob Gold & Associates

310-784-1040

linda@bobgoldpr.com

 

2