Michael Dugan

G/O Media Names Michael Dugan as Chief Technology Officer

Retrieved on: 
Thursday, September 24, 2020
Recipients of the Legion of Merit, Michael Dugan, Dugan, Hearst Communications, Hearst, Military of the United States, Orders, decorations, and medals of the United States, Economy of New York City

NEW YORK, Sept. 24, 2020 /PRNewswire/ --Today G/O Media , a leading digital publisher, announced the appointment of technology executive Michael Dugan to the role of Chief Technology Officer.

Key Points: 
  • NEW YORK, Sept. 24, 2020 /PRNewswire/ --Today G/O Media , a leading digital publisher, announced the appointment of technology executive Michael Dugan to the role of Chief Technology Officer.
  • Michael Dugan brings nearly two decades experience overseeing technology and product teams at top media organizations.
  • Most recently at Hearst Magazines, Michael Dugan served as Chief Technology Officer.
  • "I'm proud to be joining such a forward-thinking digital content team," says Michael Dugan, Chief Technology Officer, G/O Media.

EchoStar Announces Financial Results for Three Months Ended March 31, 2020

Retrieved on: 
Thursday, May 7, 2020
EchoStar, Michael Dugan, Telecommunications, Companies

ENGLEWOOD, Colo., May7, 2020 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) today announced its financial results for the three months ended March31, 2020.

Key Points: 
  • ENGLEWOOD, Colo., May7, 2020 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) today announced its financial results for the three months ended March31, 2020.
  • Net loss from continuing operations of $57.7 million, consolidated net loss attributable to EchoStar common stock of $54.3 million, and diluted loss per share of $0.56.
  • "As businesses and families everywhere contend with the impact of COVID-19, EchoStar has focused on keeping our customers connected," commented Michael Dugan, CEO and President of EchoStar.
  • Set forth below is a table highlighting certain of EchoStar's segment results three months ended March31, 2020 and 2019 (amounts in thousands) from continuing operations (all US GAAP amounts reference results from continuing operations):

Globalstar Executes Refinancing With French Lender Consortium and New Second Lien Credit Facility

Retrieved on: 
Wednesday, November 27, 2019
Finance, Satellite, Professional services, Technology, Telecommunications, Economy, Money, Finance, Globalstar, Qualcomm, Credit, Loans, Mortgage, Second lien loan, EchoStar, Refinancing, Michael Dugan

Globalstar, Inc. (NYSE American: GSAT) announced today that it has successfully refinanced its capital structure by executing an amendment of its existing senior secured credit facility ("Senior Facility) and raising a new six-year second lien term loan facility (Second Lien Facility) led by Thermo, the controlling shareholder in Globalstar, and EchoStar Corporation, a premier global provider of satellite communication solutions.

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT) announced today that it has successfully refinanced its capital structure by executing an amendment of its existing senior secured credit facility ("Senior Facility) and raising a new six-year second lien term loan facility (Second Lien Facility) led by Thermo, the controlling shareholder in Globalstar, and EchoStar Corporation, a premier global provider of satellite communication solutions.
  • The loans under the Second Lien Facility bear payment-in-kind interest at a blended annual rate of 13.5%, and the Second Lien Facility lenders received warrants to purchase 7% of the Companys outstanding shares on a fully diluted basis.
  • Jay Monroe, Executive Chairman of Globalstar, said, This is a great day for Globalstar, all of our shareholders, and existing and new lenders.
  • Mike Dugan, CEO and President of EchoStar, said, We believe Globalstars refinancing and the Second Lien Facility positions the Company to realize the upside from their collection of spectrum and satellite assets.

EchoStar Announces Financial Results for Three and Nine Months Ended September 30, 2019

Retrieved on: 
Thursday, November 7, 2019
EchoStar, Michael Dugan, NASDAQ, Economy of the United States, Companies, Finance

ENGLEWOOD, Colo., Nov.7, 2019 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) today announced its financial results for the three and nine months ended September30, 2019.

Key Points: 
  • ENGLEWOOD, Colo., Nov.7, 2019 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) today announced its financial results for the three and nine months ended September30, 2019.
  • Three Months Ended September 30, 2019 Financial Highlights:
    Consolidated revenues of $472.3 million.
  • Nine Months Ended September 30, 2019 Financial Highlights:
    Consolidated revenues of $1.4 billion.
  • "I am pleased with our performance in the third quarter of 2019," commented Michael Dugan, CEO and President of EchoStar.

EchoStar Announces Completion of the Spin-Off and Merger of its BSS Business

Retrieved on: 
Tuesday, September 10, 2019
EchoStar, High-definition television, Dish Network, Telecommunications, NewCo, Michael Dugan, Companies

Mike Dugan, President and CEO of EchoStar said: "The conclusion of this transaction enables EchoStar to focus on the growing broadband market and other strategic opportunities."

Key Points: 
  • Mike Dugan, President and CEO of EchoStar said: "The conclusion of this transaction enables EchoStar to focus on the growing broadband market and other strategic opportunities."
  • Immediately following the completion of the Distribution, BSS Merger Sub Inc., a direct wholly-owned subsidiary of DISH was merged with and into Newco (the "Merger"), with Newco continuing as a wholly-owned subsidiary of DISH.
  • No action is required by EchoStar stockholders to receive the shares of DISH Class A common stock they are entitled to in the Merger.
  • Headquartered in Englewood, Colo., and conducting business around the globe, EchoStar is a pioneer in secure communications technologies through its Hughes Network Systems and EchoStar Satellite Services business segments.