Amazon acquired Twitch for almost $1 billion in 2014. The site is most known as a popular livestreaming site for video gamers. After buying Twitch, Amazon was largely hands-off with the business, though it has offered Prime subscribers perks on the live streaming platform, like 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. Shear said he's stepping away to spend more time with his newborn son. Shear will continue to work at Twitch in an advisory role. "With the arrival of my son, the time has come for me to focus my energies on building that tiny little startup family, and I'm ready to dedicate my energies there," Shear wrote. "Twitch will always remain part of my extended family, a community where I grew in so many ways alongside Twitch itself."
Shear's resignation adds to a recent exodus of leadership under CEO Andy Jassy. Earlier this month, Ring CEO Jamie Siminoff