Now that Bill de Blasio is New York City's mayor-elect, New York Police Department Commissioner Raymond Kelly will be dismissed from his position. Kelly is now being considered for a top security job at financial giant JPMorgan Chase, according to The New York Post.
The position would put him in charge of overseeing the firm's cyber-security.
Kelly's personal attorney would not divulge any details about the potential career change. "The Police Commissioner has not accepted any post governmental offers. ... Because of city [Conflict of Interest Board] rules, he has not even had discussions with, much less accepted any offer from anyone who does business with the city and will not do so until he leaves office," he said.
Kelly was expected to vacate his post, which he has held for 10 years, after the election of de Blasio, who is a vocal critic of the NYPD's controversial stop-and-frisk policies. According to The Post, the JPMorgan position would include a seven-figure salary and bonuses. The firm's security officer, Thomas Higgins, left the position a month ago and has not yet been replaced.
Kelly is close with JPMorgan's senior executives, particularly Chief Executive Jamie Dimon. Kelly sent Dimon a thank you note in 2010 expressing his "profound gratitude" to the company for donating $4.6 million to the New York City Police Foundation, a private fundraising entity of the NYPD.
Kelly has experience in the world of banking; he was the managing director of corporate security at Bear Stearns from 2000 to 2001.
JPMorgan officials would not comment on the developments.
In addition to potentially securing a new position, Kelly is also pitching a book to publishers about his time at the NYPD. However, sources said that it would not be a tell-all. "It's not an autobiography," said a source familiar with the proposal, according to The Post. "It's a straightforward book about police work in general."
Mayor-elect de Blasio has not named Kelly's replacement. On Wednesday, he said his transition team would help him first pick a deputy mayor, who would help him name a new commissioner.
Many NYPD officers and detectives hope that de Blasio chooses Bill Bratton for the position, who succeeded Kelly once in 1996. Bratton has said that he is interested. "He would clean house like last time," said one source, in reference to Bratton. "He is not a micro-manager," said another, making an tacit criticism of Kelly.
Philip Banks, Kelly's chief of department, has also been named as a possible successor.
The city's police unions vow to fight de Blasio's changes regarding stop-and-frisk, which a federal judge ruled as unconstitutional.
"We intend to do whatever is necessary to stop these so-called reforms," said Al O'Leary, spokesman for the Patrolmen's Benevolent Association.
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