Former Fandango CEO Takes the Helm at Swagbucks, Raises $60 Million

Former Fandango CEO Takes the Helm at Swagbucks, Raises $60 Million

Swagbucks

Chuck Davis, the former CEO of Fandango and Shopzilla, will take over as CEO of Swagbucks after 16 months as executive chairman

Online rewards provider Swagbucks has raised $60 million from Technology Crossover Ventures to invest in mobile offerings, new products and international expansion, parent company Prodege LLC said Tuesday.

Chuck Davis, the former CEO of Fandango and Shopzilla, will take over as CEO of Swagbucks after 16 months as executive chairman of the company. Josef Gorowitz will switch from the position of CEO to president.

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