Sundar PichaiSundar Pichai earned $164M in 2023

Hamid Akhavan has been the CEO of EchoStar Corporation since March 2022. Before joining EchoStar, he had a successful career in leadership roles at major companies like T-Mobile and Unify. He also worked as a partner at investment firms like...

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Hamid Akhavan

CEO of EchoStar

Field of Expertise

Business & Management

Sector of Economy

Technology

CEO of EchoStar for

3 years 1 month (Mar 2022 - Present)

Previous Experience

Partner at Twin Point Capital, Founding Partner of Long Arc Capital, CEO of Unify, CEO of T-Mobile International

Holdings

See how much did Hamid Akhavan make over time.

Akhavan's financial holdings in EchoStar reflect confidence in the company’s prospects. As of now, Akhavan's vested stocks have seen fluctuations since he started with 10,000 shares in 2022, which were valued at $300,000 at the time of vesting. In 2023,...

Insider Trading

See recent insider trades of Hamid Akhavan.

SATS

35,087 shares

SATS

Dec 31, 2023

Received

ATEX

$99.69K

ATEX at $62.31/share

Nov 17, 2021

Purchase

ATEX

$152.61K

ATEX at $61.04/share

Nov 16, 2021

Purchase

ATEX

$95.88K

ATEX at $56.40/share

Aug 16, 2021

Purchase

ATEX

2,834 shares

ATEX

Aug 6, 2021

Received

ATEX

2,072 shares

ATEX

Sep 2, 2020

Received

Compensation History

See how much did Hamid Akhavan make over time.

In 2023, Hamid Akhavan's total compensation at EchoStar was about $1.06 million. His salary alone was $900,000, combined with a performance-based bonus of $150,000 aimed at enhancing company performance. The bonus comes from achieving specific financial goals set by the board, such as revenue growth and EBITDA targets. Akhavan also had 5,000 shares of RSUs vest this year, adding an extra $125,000 to his package. The total compensation represents the company’s strategy to link executive pay with performance. In 2022, his compensation was slightly higher, at $1.3 million, showcasing how performance metrics can vary annually based on the company’s success. This structured compensation plan encourages alignment between his leadership and the company's overall growth and stability.

Year

2023

Total Compensation

$1.20M

Salary

$900.00K

Board Justification

The compensation philosophy emphasizes alignment with company performance, competitive benchmarking against peers, and retention of top executive talent.

Bonus

$150.00K

Board Justification

The bonus is based on the company's performance metrics including revenue growth and EBITDA targets for the fiscal year 2023.

Other

$20.00K

Board Justification

Other compensation includes retirement contributions and health benefits paid in 2023.

Restricted Stock

$125.00K(5K RSU)

Board Justification

5,000 shares of RSUs vested in 2023, granted in previous years based on performance metrics.

Performance Metrics

Performance metrics include revenue growth, EBITDA targets, and overall company performance relative to industry benchmarks.

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