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Former GE CEO Jeff Immelt says he will not become Uber's next CEO

Former GE CEO Jeff Immelt tweeted on Sunday that he's withdrawing his name from the hunt, saying he has "immense respect for the company and founders."

Immelt was a top candidate, and he reportedly had the support of Uber's former CEO Travis Kalanick and his faction.

Kalanick remains on the board but bowed to investor pressure and resigned from the CEO role in June after numerous scandals rocked the company, ranging from accusations of sexual harassment to a lawsuit over Uber's self-driving technology.

Another main candidate, HP CEO Meg Whitman, was backed by Kalanick's opponent, Benchmark.

It is not yet clear whether the third candidate won the board vote and will announced next week ... or if the search — and the infighting — will continue.

READ MORE (Business Insider)

  • Jeff Immelt of General Electric quits race to be Uber bossBBC News
  • Jeff Immelt has dropped out of Uber's contentious CEO raceQuartz
  • Jeff Immelt says not pursuing Uber CEO jobYahoo Finance
  • Jeff Immelt bows out of consideration for Uber CEO jobCNET
  • Uber Nears a Decision on CEO After Immelt Pulls OutBloomberg
  • Uber's key CEO candidate backs out at the last minute (updated)Engadget
  • Uber's board is set to vote on a new CEO today — but the outcome is still unclearRecode
  • Uber CEO Search: Jeff Immelt Backs Out, But Meg Whitman Reportedly ReconsideringInternational Business Times
  • Former GE CEO Immelt out of running to lead challenged UberYahoo Finance

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Former GE CEO Jeff Immelt says he will not become Uber's next CEO


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