Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2025-03-21

EchoStar CORP (ECHO)

Fiscal year 2024 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$8,927,865
Hamid Akhavan total, FY2024
CEO pay percentile vs peers
105:1
CEO-to-median pay ratio
98.32%
Say-on-pay support, latest vote
Companies that benchmark against ECHO
No companies currently name ECHO as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Hamid Akhavan$2,471,168$0$4,360,528$0$2,000,000$0$96,169$8,927,865
President and Chief Executive Officer
John Swieringa1,000,00001,162,8001,809,1071,000,00005,2104,977,117
President, Technology and Chief Operating Officer
Charles Ergen1,000,000000003,098,9814,098,981
Chairman
Paul Orban650,000001,012,892650,00005,5202,318,412
Executive Vice President and Chief Financial Officer, DISH
Dean Manson667,45100348,020483,89469,1319,7901,578,286
Chief Legal Officer and Secretary

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2024 totalFY2023 totalFY2022 totalΔ FY20232024
Hamid Akhavan$8,927,865$7,190,962$15,228,135+1,736,903
John Swieringa4,977,117
Charles Ergen4,098,981
Paul Orban2,318,412
Dean Manson1,578,2861,203,4312,031,274+374,855

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2024

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Hamid AkhavanRSU2024-01-01263,158$4,360,528
Dean MansonOPTION2024-04-01188,331348,020
Paul OrbanOPTION2024-04-01100,000607,850
Paul OrbanOPTION2024-04-017,017109,239405,042
John SwieringaOPTION2024-01-01175,4392,367,417
John SwieringaOPTION2024-04-0117,543158,947604,490
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Hamid Akhavan$4,360,528$0$00.0%
Dean Manson00348,0200.0%
Paul Orban001,012,8920.0%
John Swieringa002,971,9070.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
John SwieringaOption175,43916.57
John SwieringaPSU70,1751,607,008
John SwieringaPSU21,053482,114
Hamid AkhavanOption467,83616.57
Hamid AkhavanOption326,66814.04
John SwieringaOption122,46714.04
Paul OrbanOption187,21514.04
Dean MansonOption135,39914.04
05

Incentive-plan design — the Compensation Discussion & Analysis

EchoStar designs its executive compensation programs to create long-term shareholder value and ensure long-term success by attracting and retaining top talent, reinforcing stock ownership, and emphasizing performance as a basis for compensation. The program aims to align management interests with shareholders through equity compensation based on future stock performance and performance-based cash incentives.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20232023-04-27493,571,4648,442,894134,55898.32%Passed
20202020-04-30515,367,419688,01323,97699.87%Passed
20172017-05-02514,916,888666,58912,62199.87%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20232023-04-2798.32%a
20202020-04-3099.87%b
20172017-05-0299.87%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)105 : 1
CEO total compensation
Median employee compensation$85,048
08

Director compensation — fiscal year 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
George R. BrokawIndependent · Audit (Chair) · Compensation$81,500$0$40,380$0$0$121,880
Kathleen Q. AbernathyIndependent · Compensation (Chair) · Nominating and Governance80,000040,38000120,380
R. Stanton DodgeIndependent · Compensation · Nominating and Governance (Chair)80,000040,38000120,380
William D. WadeIndependent · Nominating and Governance · Audit75,500040,38000115,880
Lisa W. HershmanIndependent · Compensation · Audit75,500040,38000115,880
Tom A. OrtolfIndependent · Audit · Nominating and Governance69,500040,38000109,880
Stephen J. ByeIndependent68,000040,38000108,380
Hamid AkhavanEmployee director0
Charles W. ErgenEmployee director · Board Chair0
James DeFrancoEmployee director0
09

Board fee structure and ownership guideline

Annual cash retainer$60,000
Annual equity retainer
Per board meeting fee$1,000
Committee chair fees (audit / comp / nom-gov)5,000 / 5,000 / 5,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$530,000
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$530,000

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1EchoStar CORP2024Hamid Akhavan$2,471,168$4,360,528$0$2,000,000$8,927,865

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Hamid AkhavanDEF 14A2025-03-210001558370-25-003470Section “Executive Compensation Tables” · page 40. As printed: 8,927,865. Filing ↗
2Section 01, John SwieringaDEF 14A2025-03-210001558370-25-003470Section “Executive Compensation Tables” · page 40. As printed: 4,977,117. Filing ↗
3Section 01, Charles ErgenDEF 14A2025-03-210001558370-25-003470Section “Executive Compensation Tables” · page 40. As printed: 4,098,981. Filing ↗
4Section 01, Paul OrbanDEF 14A2025-03-210001558370-25-003470Section “Executive Compensation Tables” · page 40. As printed: 2,318,412. Filing ↗
5Section 01, Dean MansonDEF 14A2025-03-210001558370-25-003470Section “Executive Compensation Tables” · page 40. As printed: 1,578,286. Filing ↗
6Section 03, Hamid Akhavan RSUDEF 14A2025-03-210001558370-25-003470Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1174413–1174422
7Section 03, Dean Manson OPTIONDEF 14A2025-03-210001558370-25-003470Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1246227–1246234
8Section 03, Paul Orban OPTIONDEF 14A2025-03-210001558370-25-003470Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1222368–1222375
9Section 03, Paul Orban OPTIONDEF 14A2025-03-210001558370-25-003470Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1229846–1229853
10Section 03, John Swieringa OPTIONDEF 14A2025-03-210001558370-25-003470Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1198304–1198313
11Section 03, John Swieringa OPTIONDEF 14A2025-03-210001558370-25-003470Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1206355–1206362
12Section 07, pay ratioDEF 14A2025-03-210001558370-25-003470Section “CEO Pay Ratio”. As printed: 105 : 1. Filing ↗machine: span 414193–414196
13Section 08, George R. BrokawDEF 14A2025-03-210001558370-25-003470Section “Director Compensation”. As printed: 121,880. Filing ↗machine: span 234945–235117
14Section 08, Kathleen Q. AbernathyDEF 14A2025-03-210001558370-25-003470Section “Director Compensation”. As printed: 120,380. Filing ↗machine: span 229679–229851
15Section 08, R. Stanton DodgeDEF 14A2025-03-210001558370-25-003470Section “Director Compensation”. As printed: 120,380. Filing ↗machine: span 245893–246065
16Section 08, William D. WadeDEF 14A2025-03-210001558370-25-003470Section “Director Compensation”. As printed: 115,880. Filing ↗machine: span 262523–262695
17Section 08, Lisa W. HershmanDEF 14A2025-03-210001558370-25-003470Section “Director Compensation”. As printed: 115,880. Filing ↗machine: span 251577–251749
18Section 08, Tom A. OrtolfDEF 14A2025-03-210001558370-25-003470Section “Director Compensation”. As printed: 109,880. Filing ↗machine: span 256840–257012
19Section 08, Stephen J. ByeDEF 14A2025-03-210001558370-25-003470Section “Director Compensation”. As printed: 108,380. Filing ↗machine: span 240627–240799
20Section 08, Hamid AkhavanDEF 14A2025-03-210001558370-25-003470Section “Director Compensation”. As printed: 0. Filing ↗
21Section 08, Charles W. ErgenDEF 14A2025-03-210001558370-25-003470Section “Director Compensation”. As printed: 0. Filing ↗
22Section 08, James DeFrancoDEF 14A2025-03-210001558370-25-003470Section “Director Compensation”. As printed: 0. Filing ↗
23Section 06, 2023 voteForm 8-K2023-04-280001104659-23-052951Item 5.07 · say-on-pay result. As reported: 98.32% (votes for as printed: 493,571,464). Filing ↗
24Section 06, 2020 voteForm 8-K2020-05-010001415404-20-000018Item 5.07 · say-on-pay result. As reported: 99.87% (votes for as printed: 515,367,419). Filing ↗
25Section 06, 2017 voteForm 8-K2017-05-020001415404-17-000026Item 5.07 · say-on-pay result. As reported: 99.87% (votes for as printed: 514,916,888). Filing ↗
26Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
27Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
28Section 09b board cost (computed)ComputedcomputedCash 530,000 + equity 0 + all other 0 = 530,000, summed across the director compensation table rows.machine: formula: Σ = 530,000
29EchoStar CORP (subject), Section 10b CEO totalDEF 14A2025-03-210001558370-25-003470CEO total compensation as printed in EchoStar CORP's own proxy. As printed: 8,927,865. Filing ↗