(CNN) - If President Barack Obama wins re-election, come inauguration time, he will need a new chief of staff.
Bill Daley, who took over the post in January, told a local news station in Chicago Monday he will head to his hometown after the 2012 race.
"I made a commitment to put the president through his re-election, which I'm confident he will do and then my wife and I will be back in Chicago," Daley told NBC's Chicago affiliate, WMAQ-TV.
Daley succeeded Rahm Emanuel who left the White House to pursue a bid for mayor of Chicago after Daley's brother, Richard Daley, announced he would not seek a seventh term.
Bill Daley, a former JP Morgan Chase executive, said he talks to Emanuel occasionally and they impart advice to each other.
"We kind of B.S. back and forth," Daley said.
Despite rumors he might run for office in the future, Daley said he is focused on getting through "day to day" at the White House.
"The beauty of this job … it's probably the only job I've ever had where I've not thought about what's next. Maybe because it's so consuming and there's so much to do and be involved in," Daley said. "It's like light years away and just not something I give any thought to, what's next after this."