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Uber nears a decision on CEO

Uber nears a decision on CEO

With former GE CEO Jeff Immelt taking himself out of the running and the Uber board set to vote on a new CEO on Sunday, Recode reported that Whitman is "still on the fence said sources familiar with her thinking and she has communicated a number of changes at the car-hailing company that she would require to consider any offer lobbed her way". The shortlist of candidates had narrowed to three people - Whitman, Immelt and an unknown candidate. Times reporter Mike Isaac tweeted that Immelt pulled out to save face because he didn't have the necessary support from Uber's board.

However, Immelt privately groused that directors were in constant conflict, and he felt particularly at odds with venture capital firm Benchmark, which is Uber's largest shareholder, said a person familiar with his thinking. Its board has become fragmented amid a legal fight between one of the company's top investors and Kalanick.

Uber was not immediately available for comment. The company is also defending itself against a trade-secret theft lawsuit from Waymo, the self-driving auto business run by Alphabet - Google's parent company. The company has confronted multiple allegations of sexual harassment, is fighting a lawsuit against self-driving carmaker Waymo, and is facing a federal probe over its use of a software tool to evade law enforcement.

Benchmark has reportedly been in several discussions with Whitman over the role since her statement backing out of the search process last month and has favored her as a possible CEO candidate, according to CNBC. Others wanted to make another run at Whitman or keep searching. Immelt, who stepped down as GE's CEO at the beginning of this month, faced opposition from some of Uber's major backers.

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. 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.

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