Charlie Ergen

AAA

DEFINITION of 'Charlie Ergen'

The founder, chairman and CEO of DISH Network, a spinoff of former parent EchoStar Communications, which he cofounded in 1980 with his wife, Cantey Ergen, and James DeFranco. He is a billionaire and one of the wealthiest Americans, according to Forbes.

INVESTOPEDIA EXPLAINS 'Charlie Ergen'

Publicly-traded DISH Network, which has more than 14 million customers, is DirecTV's major competitor (a merger between the two companies failed in 2002). Ergen, born in 1953 in Tennessee, began his career as a financial analyst for Frito Lay, then briefly became a professional gambler before founding EchoStar. EchoStar started off selling satellite dishes to homes in rural Colorado and went public in 1995. DISH Network was formed and began broadcasting in 1996.

RELATED TERMS
  1. Chairman

    An executive elected by a company's board of directors that is ...
  2. C-Suite

    A widely-used slang term used to collectively refer to a corporation's ...
  3. Chief Executive Officer - CEO

    The highest ranking executive in a company whose main responsibilities ...
  4. Board Of Directors - B Of D

    A group of individuals that are elected as, or elected to act ...
  5. Telecommunications Consumer Protection ...

    A U.S. federal law created in response to increased consumer ...
  6. Chair Of The Board - COB

    The most powerful member on the board of directors who provides ...
Related Articles
  1. Evaluating The Board Of Directors
    Insurance

    Evaluating The Board Of Directors

  2. What Investors Can Learn From Insider ...
    Markets

    What Investors Can Learn From Insider ...

  3. The Basics Of Corporate Structure
    Investing Basics

    The Basics Of Corporate Structure

  4. Why Do Companies Care About Their Stock ...
    Investing Basics

    Why Do Companies Care About Their Stock ...

Hot Definitions
  1. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  2. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  3. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  4. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  5. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  6. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
Trading Center