Mr Bungard, current chief executive officer, has been appointed to the Board as an executive director.

“In April 2014 Kevin was appointed chief executive officer and has continued to play an instrumental role in driving and delivering key innovation and successes for Class in the wealth accounting software market,” Class stated.

Ms Foster’s former roles include senior director, Microsoft Store; senior director of ecommerce strategy in Supply Chain and inception of the Xbox Games Marketplace.

“Ms Foster’s insights into business vision, strategy and execution for billion dollar businesses will make her a valuable addition to the Class Board,” Class stated.

Mr Quinn held the role of managing director of the property group Stockland for 12 years and is now non-executive director of CSR Limited and UrbanGrowth NSW. He is also chairman of Carbonxt Group Limited and mPort Pty Ltd.

In addition, Mr Quinn was national president of the Property Council of Australia from 2003 to 2005 and a director of the Business Council of Australia in 2012. He is also a chartered accountant.