The startup, last valued at $68 billion, is now being run by an "executive leadership team" that includes some of Uber's most senior employees, such as chief product officer Jeff Holden and regional general manager for the U.S. and Canada Rachel Holt.
Immelt had been widely rumored to be a top candidate for the Uber CEO post. Benchmark, one of Uber's largest investors, has meanwhile pushed for Whitman, who is reportedly warier of Kalanick having a substantial role at the company.
Hewlett Packard Enterprise CEO Meg Whitman was also rumored to be a candidate. Immelt tweeted late Sunday morning.
"I have decided not to pursue a leadership position at Uber", Immelt wrote, adding that he has "immense respect" for the company and its founders. 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 group had hoped to persuade her to jump aboard, but Whitman would have none of it. That committee is trying to change the company's culture so it's better behaved, a hard task without a top leader.
The executive turmoil has come amid a year of scandal for Uber. The events led to his ouster as CEO under pressure from some of the company's major investors, who alleged that he put Uber in legal jeopardy. They included allegations of sexual harassment, a lawsuit alleging trade-secrets theft, a federal criminal probe over use of software to evade city regulators, and allegations of executive misconduct regarding a victim who was raped by her Uber driver in India, among other controversies.
US Department of State Issues Travel Warning to Mexico
Officials added that there's no evidence that US citizens are being targeted exclusively based on their nationality, however. The department is recommending that Americans "defer non-essential travel", to certain areas of Mexico .
Bob Venero, CEO of Holbrook, N.Y. -based solution provider Future Tech, No. 119 on the 2017 CRN Solution Provider 500, said he would be sorry to see Whitman leave HPE, but she would definitely be a great CEO for Uber and have a positive impact on the ride sharing company."There is no doubt Meg would go in with a no nonsense attitude and bring structure and deal positively with a lot of the challenges Uber is facing from a social, community and government perspective", he said.
Ms Whitman has previously said she is not interested in the job, posting on Twitter that "I am not going anywhere".
Immelt is known for his ambitious vision during his 16-year tenure as CEO of GE, refashioning the company into a digital enterprise focused on leading the emerging business of internet-connected industrial products.
More recently, Immelt's decision to publicly defend his involvement on President Donald Trump's manufacturing council two days before it disbanded was seen as troublesome.