Dish CEO Clayton to Retire March 31

Ergen Will Assume CEO Roles

Dish Network CEO Joe Clayton,  who has led day-to-day operations at the second largest satellite TV service provider since 2011, will retire from that positon on March 31, the company said Monday.

Clayton, a 42-year veteran of the consumer electronics industry, joined Dish in June 2011 after a stint as CEO of satellite radio company Sirius XM. Clayton, who has led Dish through some of its most high-profile product launches – the Hopper digital video recorder and the Sling TV over-the-top service to name a few, will be replaced by Dish chairman Charlie Ergen, who has previously served as Dish president and CEO.

Prior to his appointment at DISH, Clayton served as chairman of Sirius Satellite Radio Inc., from November 2004 through July 2008 and served as chief executive officer of Sirius from November 2001 through November 2004. Before joining Sirius, Clayton served as president of Global Crossing North America, as president and chief executive officer of Frontier Corporation and as executive vice president of Marketing and Sales for the Americas and Asia of Thomson S.A.

"Over the last four years, Joe's leadership has been instrumental to DISH as we have worked to engineer a fundamental transformation of our business," Ergen s aid in a statement. "He has set the stage for what will become a new company, and with that he has prepared a new class of management to address the adventures coming our way."

Clayton has received numerous accolades throughout his career including Bellarmine University Alumni of the Year in 1996, and induction into both the Indiana University School of Business and Consumer Electronics Hall of Fame in 2008.

"This team has done what it said it would - our operations are stronger, our leadership is deeper, our outlook is as positive as it ever has been," said Clayton. "We were able to launch the Hopper, dishNet and Sling TV, navigate two spectrum auctions and deliver for our customers throughout. All of it was with great success - I am proud to have served with such a remarkable team."

Ergen's direct reports will include EVP/COO Bernie Han, EVP/General Counsel Stanton Dodge, EVP/CHRO Mike McClaskey, EVP/Head of Corporate Development Tom Cullen and Sling TV CEO Roger Lynch.