Twitch Co-Founder Emmet Shear Steps Down as CEO

Twitch co-founder Emmet Scheer steps down as CEO. Dan Clancy now holds this position.

After 16 years of dedicated service at Twitch, co-founder Emmet Scheer has decided to step down as CEO. Emmet Shear has been in business since the company’s inception, when the platform was still called Justin.tv and was just a live streaming site designed to host a 24/7 reality show about the life of its co-founder Justin Kahn. As the company began turning the burgeoning gaming category into a full-fledged brand, Twitch was born.

Twitch Co-Founder Emmet Shear Steps Down as CEO

Emmet Shear oversaw the entire delicate transition, from the $970 million acquisition of Amazon in 2014 to today. From now on, he explains that fatherhood prompted him to leave his leadership role to another. “I want to be able to be fully present when my son enters this world,” he wrote in his farewell post. “I will continue to work on Twitch as a consultant.”

Dan Clancy is now in position

Dan Clancy will become CEO. Dan Clancy, hired in 2019 as VP of Creator and Community Affairs, quickly became President of Twitch. When streaming partners raised concerns about Twitch’s revenue sharing with creators, it was Dan Clancy who settled the matter, explaining in a letter to streamers that the split would remain at 50/50 and 70/30 for premium, like the biggest stars on the planet. new restrictions will be introduced. And as the face of this decision, it was at him that most of the users’ anger was directed.

As for Emmet Shear, his letter shows how much he trusts the new CEO. “He cares deeply about the Twitch community, its streamers and our staff, and he understands what makes Twitch Twitch,” we read in part. Dan Clancy becomes the new CEO of Twitch starting today.

In October 2006 we started working on live video for the web. It became Twitch. After more than 16 years, I have become a father and am ready to move on to the next phase of my life. I wrote a blog post, but the short version is: a big thank you to everyone who built this with me.

— Emmet Shear (@eshear) March 16, 2023