Iplayco Corp Ltd (CVE:IPC), the children's play equipment manufacturer, said CFO Max Liszkowski had been appointed as a director, effective immediately, sending its shares higher.
"We are delighted to welcome Max Liszkowski to Iplayco's Board," said David Banks, chairman of the board.
"Max's financial expertise and in-depth knowledge of Iplayco's international corporate structure and operations will provide the board with valuable input on many aspects of Iplayco's business."
Liszkowski joined the company a decade ago following 13 years of public practice in Canada and the US with international audit, tax and advisory firms.
He was named the group's chief financial officer on January 4, 2010 and is responsible for the company's financial reporting, treasury and risk management functions.
"Mr. Liszkowski's experience building relationships within the financial community has enabled Iplayco to obtain tens of millions of dollars in funding on favourable terms," said the British Columbia-based group.
"This has provided the company with the financial flexibility to win business in all shapes and sizes, including orders for some of the largest playcenters in the world. Mr. Liszkowski has also led due diligence and completion of acquisitions in Asia and Europe to expand Iplayco's sales markets overseas."
Shares in Toronto surged 10% to stand at C$0.28 each.
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