Ergen Relinquishes President-CEO Title at EchoStar Reuters

Charlie Ergen has stepped down from his role as chief executive of EchoStar Corp. and named Michael Dugan as his replacement, Reuters reports.

Dugan, who is a senior advisor and an EchoStar board member, will now be president and CEO.

Ergen remains as EchoStar chairman, a role he also holds at Dish Network.

--Tom Gilbert