Jeff Immelt of General Electric quits race to be Uber boss — BBCI

Timeline Uber's management crisis

The search for Uber's new CEO will no longer include its most prominent candidate.

The board is expected to make its decision this weekend. Immelt had always been considered a frontrunner and one of three finalists for the job, but as Recode notes, Immelt had faced new hurdles for the role within the past few weeks.

Jeff Immelt has withdrawn himself from contention to be the next CEO of Uber. Kalanick's resignation came following multiple lawsuits and an investigation into workplace culture, headed by former U.S. Attorney General Eric Holder, who was hired by Uber after a former female employee's sexual harassment allegations against the company were documented in a blog post. He recently stepped down as GE CEO, but remains the chairman through the end of this year. However, Kalanick has still maintained a regular circle of influence at Uber and has reportedly wanted to return as CEO, but the company shot down this speculation in an internal email.

Uber has been searching for a new chief executive since June after previous boss Travis Kalanick resigned following pressure from shareholders.

But some of the board is now favoring Hewlett Pack Enterprise CEO Meg Whitman, which might have caused Immelt to depart the competition.

Two of Uber's stockholders are demanding access to Uber's books in an effort to prove that Benchmark Capital leaked confidential information about Uber in order to take control over the company.

The New York Times is now reporting that Whitman, despite those denials, has remerged as the preferred candidate.

She is now president and chief executive of Hewlett Packard Enterprise Company, having split its computer and printer business (HP Inc) from its corporate hardware and services operations in 2014.

However, it hasn't meant that she hasn't been in contact with Uber.

Related:

Comments


Other news