Winmark Corp, the parent of Play it Again Sports, announced the appointment of Tony Ishaug as the chief financial officer. Ishaug was recently chief financial officer and chief operating officer of the Department 56 division of Lenox Group, Inc. He has served in a variety of accounting, treasury and operational capacities over a twelve-year career at Lenox.
President of Finance and Administration, Brett D. Heffes stated, “We are thrilled to add someone of Tony’s caliber to our team. His prior public company experiences will position him well for his role with Winmark.”
At June 28, Winmark had 857 franchises in operation under the brands Play It Again Sports, Once Upon A Child, Plato’s Closet and Music Go Round and there were 56 territories in operation under the Wirth Business Credit brand. An additional 50 retail franchises have been awarded but are not open. In addition, at June 28, the company had loans and leases equal to $47.5 million.
