Core Viewpoint - Evercore ISI maintains an "Outperform" rating for Verizon Communications Inc. while recommending to "hold" the stock amid leadership changes and industry uncertainty [1][6]. Leadership Transition - Verizon has appointed Dan Schulman, former CEO of PayPal, as the new CEO, succeeding Hans Vestberg [2][3]. - The leadership change has resulted in a 4% decline in Verizon's stock price, which is currently at $41.92, below its 200-day moving average [2]. - Hans Vestberg, who led Verizon since 2018, will remain as a special advisor until October 2026, focusing on integrating Frontier Communications, a $20 billion acquisition [3]. Market Impact - The leadership change has negatively affected Verizon's competitors, with AT&T's stock falling by 3% to $26.24 and T-Mobile's stock decreasing by 2.7% to $224.07 [4]. - Mark Bertolini, newly appointed chairman of Verizon's board, praised Schulman for his leadership potential, emphasizing a focus on customer service and financial growth [4]. Stock Performance - Verizon's stock has experienced a 5.11% decrease, dropping $2.23, with a trading range for the day between $41.35 and $43.38 [5]. - Over the past year, Verizon's stock has fluctuated between a high of $47.36 and a low of $37.59, with a current market capitalization of approximately $174.72 billion [5].