Jeff Immelt, chairman of General Electric Co, said on Sunday he was no longer in the running for a leadership position at Uber Technologies Inc [UBER. UL] as the board of the beleaguered ride services company searches for a new chief executive.
(Reuters) – Jeff Immelt, chairman of General Electric Co, said on Sunday he was no longer in the running for a leadership position at Uber Technologies Inc [UBER. UL] as the board of the beleaguered ride services company searches for a new chief executive.
“I have decided not to pursue a leadership position at Uber, ” Immelt said on his Twitter account, adding that he had “immense respect for the company & founders.”
