Jeff Immelt says not pursuing Uber CEO job

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(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.”