ENGLEWOOD, Colo., Dec. 4, 2012 /PRNewswire/ -- 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.
SOURCE EchoStar Corp.