Sunday, August 20, 2017

Somehow missed this one: "Uber, Seeking a Female CEO....

...has narrowed the list to three men.

That's the Washington Post a couple weeks ago.

Here's the latest, from recode, August 19:

Jeff Immelt has emerged as the front-runner to become Uber’s CEO 
Sources said a board vote is expected within two weeks.
Former General Electric chairman Jeff Immelt has become the front-runner candidate to become CEO of Uber, according to numerous sources with knowledge of the situation.

While the tension on the board of the car-hailing company remains high — due of late to an ugly lawsuit that one of its major investors, Benchmark, is waging against its ousted co-founder and CEO Travis Kalanick — sources said that a majority of the board is coalescing around the experienced Immelt.

That could certainly change, said sources, and there are two other executives who are also still being considered, neither of whom is a woman, as some had hoped. Sources said a vote of Uber’s directors is likely to happen within the next two weeks, which does not have to be unanimous, although most directors are hoping it will be.

In any case, Immelt has pulled ahead, said several sources. 

One of Immelt’s earliest and strongest supporters on the board is Arianna Huffington, said sources, but he is also the top choice of several directors. Others still undecided — including Benchmark, which has weakened its status because of the lawsuit and ensuing publicity — have become convinced that Uber needs to hire someone who can quickly deal with a number of pressing and problematic issues and consider Immelt fully capable of handling that well. 

“We know it is never going to be a perfect choice, but everyone is becoming exhausted,” said one person close to the situation....MORE
Uber has become a parody of Uber.

The WaPo also informs us: [Uber named most improved brand this year. Really.]

See also, if interested: As With Anything Involving Uber, Follow The Money (plus Karl Marx swings by).