Sunday, 27 August 2017

General Electric chair Jeff Immelt quits race to be Uber boss

General Electric chair Jeff Immelt has ruled himself out of the race to become the new boss of taxi service Uber.


In a tweet, Mr Immelt said he had "decided not to pursue a leadership position at Uber".

Hewlett Packard Enterprise chief executive Meg Whitman is now reported to be "the most likely candidate".

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

His resignation came after a chaotic few months at the firm and followed a review of practices there amid a series of scandals including complaints of sexual harassment, a macho culture and the departure of senior executives.

BBC    News.