Immelt Drops Out of Contention for Uber CEO Job

Paterniano Del Favero
Agosto 27, 2017

Multiple sources report that Uber is voting on the new CEO Sunday.

The move comes amid several meetings over the weekend for Uber's board of directors that focused on potentially closing the company's CEO search.

Ms. Whitman was one of the other finalists.

The request specifically states that it's seeking documentation which proves that Benchmark leaked confidential information on Uber, particularly relating to the June report by former USA attorney general Eric Holder. I have vast respect for the company & founders - Travis, Garrett and Ryan. By virtue of founding and running Uber, Kalanick will still hold a large amount of power and influence on top of his board seat.

Complicating thee hunt for a new CEO are rumors that Kalanick is plotting a return as CEO of Uber - something the company flatly denies. The company will hear from Immelt and an unnamed "dark-horse candidate" who will both present their strategy and vision for the future of the ride-hailing company.

Immelt recently stepped down as chief executive officer of GE, while retaining his chairman position. Meg Whitman, CEO of Hewlett Packard Enterprise, was also a leading contender but said in late July that the Uber search process had become a "distraction" and that she would not be the next CEO.

Meanwhile, Uber drivers have earned $50 million (roughly Rs. 320 crores) in tips since a gratuity option was added to the ride-sharing application in June. Whitman has reportedly been in touch with some board members in recent weeks and issued several conditions that would need to be met before she would start to reconsider her withdrawal, Recode reported.

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