Dan Clancy will take up his role as the CEO who has been President of Twitch since 2019.
Emmett Shear was a founding member of Justin.tv which was the diverse live streaming provider that evolved into Twitch.
Justin.tv was ultimately overtaken by Twitch which was its spin-off gaming provider.
Shear’s resignation from the company and enhance Twitch’s president is not entirely unexpected.
Clancy had already been closely involved with the everyday activities of the business.
Clancy wrote a lengthy letter to the Twitch community in September, trying to highlight substantial changes to the platform’s profits distribution with top streamers.
Twitch released an announcement that its top artists would be able to keep 70 percent of revenue for the initial 100,000 USD Earned.