Mayor Michael Bloomberg says the head of the city's Taxi and Limousine Commission has decided to leave the job for the private sector.
Matthew Daus has served two seven-year terms; he's the longest-serving TLC commissioner in the agency's history.
Bloomberg made the announcement Friday during his weekly radio show. He said Daus will remain in the job until his replacement is found.
In addition to working in the private sector, Daus also will become a distinguished lecturer at the City University of New York's Transportation Research Center.
"Matthew has done a fantastic job at the TLC – he has brought the agency and its regulated businesses to new heights of safety and customer service, and used new technology to accomplish both goals,” said Bloomberg. "As a member of our Administration from the very beginning, we wish him well in his new endeavors and are glad he will remain in public service."
During his tenure, Daus introduced GPS, credit card processing and new fuel efficiency rules to the city's more than 13,000 cabs He effectively managed and streamlined a government agency with more than 480 employees, a budget in excess of $29 million and annual revenues surpassing $40 million.