Emmett Shear, the current CEO of Twitch, who co-founded the well-known video streaming service more than 16 years ago, has declared that he will be stepping down from his position.
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Shear announced the news on his blog on Thursday, stating that he will join the organisation as an advisor. Dan Clancy, who has been president of Twitch since 2019, will take his place as his replacement.
Shear oversaw Twitch’s evolution from a platform for gamers to stream their gameplay live into a well-known centre for online entertainment, with many online celebrities earning millions of dollars from streaming their content.