In a major development, Twitch co-founder Emmett Shear has decided to step down as CEO of the popular live-streaming platform. Shear announced that he will be moving into an advisory role and handing over the CEO position to the current president of Twitch, Dan Clancy.

The announcement was made in a blog post by Shear, who cited personal reasons for his decision. Shear revealed that the birth of his first child had made him reflect on his future with Twitch. He compared the platform to a child he had raised and believed that Twitch was now ready to “move out of the house and venture alone.”

Shear’s journey with Twitch began in 2007 when he co-founded The company later evolved into Twitch, which was eventually purchased by Amazon in 2014 for nearly $1bn. Shear’s contribution to the platform has been significant, and he will continue to remain associated with Twitch in an advisory role.

Dan Clancy, who has been responsible for Twitch’s product development since joining the company in 2019, will now take over as the CEO. Clancy has had an illustrious career, having previously worked at Nextdoor and spent over nine years at Google, including being YouTube’s Engineering and Consumer Product Lead.

Twitch is a leading platform for gamers and live-streamers, and the move to hand over the reins to Clancy is expected to be a seamless transition. Shear’s decision to step down as CEO marks the end of an era for Twitch, but the platform’s future looks bright under the leadership of Clancy.

In conclusion, Twitch co-founder Emmett Shear’s decision to step down as CEO and hand over the reins to Dan Clancy marks a significant change in the platform’s leadership. However, the move is expected to be a seamless transition, and Twitch’s future looks promising under Clancy’s leadership.