UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                    FORM 8-K
                                 CURRENT REPORT

     Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934


      Date of Report (Date of earliest event reported)     August 14, 2001

                           PanAmSat Corporation
           (Exact name of registrant as specified in its charter)

Delaware                            0-22531                        95-4607698
--------------------------------------------------------------------------------
(State or other jurisdiction       (Commission                    (IRS Employer
 of incorporation)                  File Number)             Identification No.)


20 Westport Road, Wilton, CT                                           06897
--------------------------------------------------------------------------------
(Address of principal executive offices)                              (Zip Code)

Registrant's telephone number, including area code               (203) 210-8000


                     One Pickwick Plaza, Greenwich, CT 06830
        -----------------------------------------------------------------
         (Former name and former address, if changed since last report)


<PAGE>



--------------------------------------------------------------------------------

  Item 5.  Other Events

     On August 14, 2001, PanAmSat  Corporation (the "Company") announced that it
has elected  Joseph R. Wright,  Jr., as its new  President  and Chief  Executive
Officer.  A copy of the Company's  press release with respect to the offering is
filed as Exhibit 99.1 hereto.

  Item 7.  Financial Statements and Exhibits

           (c)  Exhibits

                    Exhibit No       Description

                    99.1             Press Release



<PAGE>





                                   SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the
  registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.

Date:    August 14, 2001  PANAMSAT CORPORATION
                          Registrant


                          By:      /s/  James W. Cuminale
                                   ----------------------
                          Name:    James W. Cuminale
                          Title:   Executive Vice President and General Counsel



<PAGE>


                                  EXHIBIT INDEX



                  Exhibit No        Description

                  99.1              Press Release



<PAGE>


                                                                    Exhibit 99.1


                      PANAMSAT NAMES JOSEPH R. WRIGHT, JR.
                             CHIEF EXECUTIVE OFFICER

     WILTON, Conn., August 14, 2001 -- PanAmSat Corporation (NASDAQ: SPOT) today
named former  Director of the Federal  Office of Management and Budget Joseph R.
Wright,  Jr.,  62, as chief  executive  officer.  Mr.  Wright is a member of the
PanAmSat board of directors and succeeds R. Douglas Kahn, who has been president
and CEO of PanAmSat  since April 1999 and is leaving the company to pursue other
interests.

     "Joe Wright brings a rich depth of entrepreneurial, industry and government
experience  to  PanAmSat  at a time when our  company  faces both  unprecedented
opportunities  and challenges in world economic and business  conditions,"  said
Jack A.  Shaw,  chairman  of  PanAmSat  and chief  executive  officer  of Hughes
Electronics Corporation, which owns 81 percent of PanAmSat.

     "Joe is widely admired for his business acumen, his competitive  instincts,
his  expertise  in  strategic  planning  and  change  management,  and his broad
knowledge of telecommunications,  e-commerce,  and multinational  business," Mr.
Shaw said. "We're pleased to have him at the helm of PanAmSat."

     "We also owe a debt of gratitude  to Doug Kahn,  who led efforts to improve
our  technical  operations,  expand  our  customer  base  and  raise  the bar of
excellence at PanAmSat."

     Said Mr.  Wright:  "PanAmSat  is not only the  world's  leading  commercial
satellite  services  provider,  it is also a terrific  company with  world-class
talent  and a range of new  market  opportunities.  My goal is to work with this
great team to keep PanAmSat focused on its mission of serving our customers with
an unrivaled global network and wide range of valuable offerings."

     Mr.  Wright has been vice  chairman and  director of  Terremark  Worldwide,
Inc., a public  company that  develops and operates  Network  Access Point (NAP)
telecommunications data centers, such as the NAP of the Americas in Miami. Prior
to this,  he was  chairman,  CEO and director of AmTec,  Inc., a public  company
providing telecommunications and Internet services to and from the United States
and the Far East, which merged with Terremark Holdings, Inc.

     Mr.  Wright was also  chairman and director of GRC  International,  Inc., a
public company providing advanced information technology, Internet, and software
systems to government and commercial customers. AT&T acquired GRC in March 2000.

                                    --MORE--
<PAGE>



     He has also been vice chairman and director of Jefferson  Consulting Group,
a Washington,  D.C.-based  firm that provides  consulting  services to companies
dealing with the federal  government,  and has been  co-chairman and director of
Baker & Taylor  Holdings,  Inc., an  international  book/video  distribution and
e-commerce company.

     Prior to entering the e-commerce and  telecommunications  world, Mr. Wright
was vice  chairman,  executive  vice  president  and  director  of W. R. Grace &
Company  from 1989 to 1994.  Previous  to Grace,  he was  deputy  director  then
director of the Federal Office of Management and Budget under  President  Ronald
Reagan,  serving in the Cabinet and the Executive  Office of the President  from
1982 to 1989.  He was one of a few  individuals  who received the  Distinguished
Citizens Award from President Reagan.

     He was also deputy  secretary of the  Department  of Commerce  from 1981 to
1982, and later was on the President's  Export Council as chairman of the Export
Control Subcommittee.  Prior to the 1980's, Mr. Wright was president of Citicorp
Retail  Services  and Retail  Consumer  Services,  credit card  subsidiaries  of
Citibank,  following  positions in the Federal  Departments of  Agriculture  and
Commerce,  including acting assistant secretary for Economic Affairs responsible
for developing the GDP and other economic reports.

     He began his career at Booz,  Allen and Hamilton,  Inc. where he became one
of the youngest partners and was division head of the Growth Services consulting
business  after  receiving an MIA from Yale  University and a B.S. from Colorado
School of Mines.

     Mr.  Wright  also  currently  serves  on  the  boards  of  directors  Titan
Corporation,  Fusion  Telecommunications  International,  Inc.,  AT&T Government
Markets Division,  RealMed,  Inc, Verso  Technologies,  Inc., Bion Environmental
Technologies, and Barrington Capital.

     Mr.  Wright is a former  member of the  boards of  directors  of  Travelers
Group,  Harcourt Brace Janovich,  and Hampton University.  He is a member of the
Council on Foreign Relations,  Chief Executives  Organization,  and the New York
Economic Club.

About PanAmSat

     PanAmSat  Corporation  is the  premier  provider  of global  video and data
broadcasting  services via satellite.  Operating a global network of 21 in-orbit
spacecraft and seven technical  facilities,  the company delivers  entertainment
and  information  to  cable  television   systems,   TV  broadcast   affiliates,
direct-to-home  TV operators,  Internet  service  providers,  telecommunications
companies  and  corporations  worldwide.  PanAmSat is 81 percent owned by HUGHES
Electronics  Corporation.  For more information on PanAmSat, visit the company's
web site at www.panamsat.com.

About HUGHES Electronics

     HUGHES  Electronics  Corporation  is a  world-leading  provider  of digital
television entertainment,  broadband services,  satellite-based private business
networks,  and global video and data  broadcasting.  HUGHES is a unit of General
Motors  Corporation.  The earnings of HUGHES are used to calculate  the earnings
per share attributable to the General Motors Class H common stock (NYSE: GMH).

CONTACTS:       Scott Tagliarino
                tel: 203.210.8000
                email: stagliarino@panamsat.com
                Twenty Westport Road
                Wilton, CT 06897
                www.panamsat.com
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{"company-data": {"conformed-name": "PANAMSAT CORP /NEW/", "cik": "0001037388", "assigned-sic": "4899", "irs-number": "954607698", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-22531", "film-number": "1713753"}, "business-address": {"street1": "ONE PICKWICK PLAZA", "city": "GREENWICH", "state": "CT", "zip": "06830", "phone": "2036226664"}, "mail-address": {"street1": "ONE PICKWICK PLAZA", "street2": "C/O PAN AM SAT", "city": "GREENWICH", "state": "CT", "zip": "06830"}, "former-company": {"former-conformed-name": "MAGELLAN INTERNATIONAL INC", "date-changed": "19970408"}}
UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                    FORM 8-K
                                 CURRENT REPORT

     Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

      Date of Report (Date of earliest event reported)     August 14, 2001

                           PanAmSat Corporation
           (Exact name of registrant as specified in its charter)

Delaware                            0-22531                        95-4607698
--------------------------------------------------------------------------------
(State or other jurisdiction       (Commission                    (IRS Employer
 of incorporation)                  File Number)             Identification No.)

20 Westport Road, Wilton, CT                                           06897
--------------------------------------------------------------------------------
(Address of principal executive offices)                              (Zip Code)

Registrant's telephone number, including area code               (203) 210-8000

                     One Pickwick Plaza, Greenwich, CT 06830
        -----------------------------------------------------------------
         (Former name and former address, if changed since last report)
--------------------------------------------------------------------------------

  Item 5.  Other Events

     On August 14, 2001, PanAmSat  Corporation (the "Company") announced that it
has elected  Joseph R. Wright,  Jr., as its new  President  and Chief  Executive
Officer.  A copy of the Company's  press release with respect to the offering is
filed as Exhibit 99.1 hereto.

  Item 7.  Financial Statements and Exhibits

           (c)  Exhibits

                    Exhibit No       Description

                    99.1             Press Release
SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the
  registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.

Date:    August 14, 2001  PANAMSAT CORPORATION
                          Registrant

                          By:      /s/  James W. Cuminale
                                   ----------------------
                          Name:    James W. Cuminale
                          Title:   Executive Vice President and General Counsel
EXHIBIT INDEX

                  Exhibit No        Description

                  99.1              Press Release
Exhibit 99.1

                      PANAMSAT NAMES JOSEPH R. WRIGHT, JR.
                             CHIEF EXECUTIVE OFFICER

     WILTON, Conn., August 14, 2001 -- PanAmSat Corporation (NASDAQ: SPOT) today
named former  Director of the Federal  Office of Management and Budget Joseph R.
Wright,  Jr.,  62, as chief  executive  officer.  Mr.  Wright is a member of the
PanAmSat board of directors and succeeds R. Douglas Kahn, who has been president
and CEO of PanAmSat  since April 1999 and is leaving the company to pursue other
interests.

     "Joe Wright brings a rich depth of entrepreneurial, industry and government
experience  to  PanAmSat  at a time when our  company  faces both  unprecedented
opportunities  and challenges in world economic and business  conditions,"  said
Jack A.  Shaw,  chairman  of  PanAmSat  and chief  executive  officer  of Hughes
Electronics Corporation, which owns 81 percent of PanAmSat.

     "Joe is widely admired for his business acumen, his competitive  instincts,
his  expertise  in  strategic  planning  and  change  management,  and his broad
knowledge of telecommunications,  e-commerce,  and multinational  business," Mr.
Shaw said. "We're pleased to have him at the helm of PanAmSat."

     "We also owe a debt of gratitude  to Doug Kahn,  who led efforts to improve
our  technical  operations,  expand  our  customer  base  and  raise  the bar of
excellence at PanAmSat."

     Said Mr.  Wright:  "PanAmSat  is not only the  world's  leading  commercial
satellite  services  provider,  it is also a terrific  company with  world-class
talent  and a range of new  market  opportunities.  My goal is to work with this
great team to keep PanAmSat focused on its mission of serving our customers with
an unrivaled global network and wide range of valuable offerings."

     Mr.  Wright has been vice  chairman and  director of  Terremark  Worldwide,
Inc., a public  company that  develops and operates  Network  Access Point (NAP)
telecommunications data centers, such as the NAP of the Americas in Miami. Prior
to this,  he was  chairman,  CEO and director of AmTec,  Inc., a public  company
providing telecommunications and Internet services to and from the United States
and the Far East, which merged with Terremark Holdings, Inc.

     Mr.  Wright was also  chairman and director of GRC  International,  Inc., a
public company providing advanced information technology, Internet, and software
systems to government and commercial customers. AT&T acquired GRC in March 2000.

                                    --MORE--
He has also been vice chairman and director of Jefferson  Consulting Group,
a Washington,  D.C.-based  firm that provides  consulting  services to companies
dealing with the federal  government,  and has been  co-chairman and director of
Baker & Taylor  Holdings,  Inc., an  international  book/video  distribution and
e-commerce company.

     Prior to entering the e-commerce and  telecommunications  world, Mr. Wright
was vice  chairman,  executive  vice  president  and  director  of W. R. Grace &
Company  from 1989 to 1994.  Previous  to Grace,  he was  deputy  director  then
director of the Federal Office of Management and Budget under  President  Ronald
Reagan,  serving in the Cabinet and the Executive  Office of the President  from
1982 to 1989.  He was one of a few  individuals  who received the  Distinguished
Citizens Award from President Reagan.

     He was also deputy  secretary of the  Department  of Commerce  from 1981 to
1982, and later was on the President's  Export Council as chairman of the Export
Control Subcommittee.  Prior to the 1980's, Mr. Wright was president of Citicorp
Retail  Services  and Retail  Consumer  Services,  credit card  subsidiaries  of
Citibank,  following  positions in the Federal  Departments of  Agriculture  and
Commerce,  including acting assistant secretary for Economic Affairs responsible
for developing the GDP and other economic reports.

     He began his career at Booz,  Allen and Hamilton,  Inc. where he became one
of the youngest partners and was division head of the Growth Services consulting
business  after  receiving an MIA from Yale  University and a B.S. from Colorado
School of Mines.

     Mr.  Wright  also  currently  serves  on  the  boards  of  directors  Titan
Corporation,  Fusion  Telecommunications  International,  Inc.,  AT&T Government
Markets Division,  RealMed,  Inc, Verso  Technologies,  Inc., Bion Environmental
Technologies, and Barrington Capital.

     Mr.  Wright is a former  member of the  boards of  directors  of  Travelers
Group,  Harcourt Brace Janovich,  and Hampton University.  He is a member of the
Council on Foreign Relations,  Chief Executives  Organization,  and the New York
Economic Club.

About PanAmSat

     PanAmSat  Corporation  is the  premier  provider  of global  video and data
broadcasting  services via satellite.  Operating a global network of 21 in-orbit
spacecraft and seven technical  facilities,  the company delivers  entertainment
and  information  to  cable  television   systems,   TV  broadcast   affiliates,
direct-to-home  TV operators,  Internet  service  providers,  telecommunications
companies  and  corporations  worldwide.  PanAmSat is 81 percent owned by HUGHES
Electronics  Corporation.  For more information on PanAmSat, visit the company's
web site at www.panamsat.com.

About HUGHES Electronics

     HUGHES  Electronics  Corporation  is a  world-leading  provider  of digital
television entertainment,  broadband services,  satellite-based private business
networks,  and global video and data  broadcasting.  HUGHES is a unit of General
Motors  Corporation.  The earnings of HUGHES are used to calculate  the earnings
per share attributable to the General Motors Class H common stock (NYSE: GMH).

CONTACTS:       Scott Tagliarino
                tel: 203.210.8000
                email: stagliarino@panamsat.com
                Twenty Westport Road
                Wilton, CT 06897
                www.panamsat.com