The CEO of Amazon's live-streaming service Twitch, Emmett Shear, is leaving his post effective immediately, the company announced Thursday. Amazon acquired Twitch for almost $2014 billion in XNUMX. The site is primarily known as a popular live streaming platform for video gamers. After buying Twitch, Amazon was largely divested from the business, although it offered benefits to Prime subscribers on the live-streaming platform, such as free games and in-game loot.
Shear will be replaced by Twitch President Dan Clancy, who has been a "close partner" to Shear, he wrote in a blog post. Shear said he is stepping away to spend more time with his newborn baby. Shear will continue to work at Twitch as an advisor.
Shear's resignation adds to a recent wave of executive departures under CEO Andy Jassy. Earlier this month, Ring CEO Jamie Siminoff announced he was leaving his role at the home security subsidiary. Last year, executives overseeing Alexa and Amazon's hardware research and development group, known as Lab126, left the company. Last July, public policy chief Jay Carney announced he was leaving Amazon to join Airbnb, and 23-year Amazon veteran Dave Clark resigned as head of retail the same month. .