Bungard departs Class

kevin bungard class depart SMSF departure chief executive Self-managed superannuation fund leadership ceo recruitment search chief financial officer acting CEO

25 October 2018
| By Mike |
image
image
expand image

Kevin Bungard is departing his chief executive role with self-managed superannuation fund (SMSF) administration specialist company, Class Limited.

The company has announced Bungard is stepping down from his role by mutual agreement with the board, after having started in April, 2014.

The announcement said Bungard and the board had agreed that the next stage in the company’s growth required new leadership and that this represented the right time to hand over the reins.

It said a search had begun for a new CEO, including evaluating the potential of internal successors.

The announcement said Bungard would step down after a brief transition period with chief financial officer, Glenn Day, taking on the role of acting CEO.

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks 4 days ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week 2 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

5 days 9 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

4 days 13 hours ago