#jeffimmelt

Uber’s key CEO candidate backs out at the last minute (updated)

Uber’s choice of a replacement CEO just got more problematic. Former GE chief Jeff Immelt has announced that he has “decided not to pursue” Uber’s top spot despite reports that he was the leading candidate. Immelt didn’t say what prompted the withdrawal, but it’s an unusually open declaration given that Uber hadn’t publicly discussed that he was in the running. However, sources speaking to Recode…