VZ Holding AG announced that Urs Feldmann will resign from the Executive Board at the end of April 2019. From then on, he will concentrate on managing the people development and recruiting division of the entire group. The Board of Directors has appointed Simon Tellenbach as the new head of corporate client business and promoted him to member of the Executive Board. Simon Tellenbach, a federally qualified pension fund manager, certified international investment analyst (CIIA) and business economist FH, has been working for VZ since 2005.