NYPD Commissioner James O'Neill will take a job as senior vice president and global head of physical security for Visa Inc., the company said Wednesday.
O'Neill, 62, who Monday announced he was leaving the NYPD at the end of the month for a job in the private sector, will assume his new post Dec. 2.
"Mr. O’Neill will be responsible for the development, implementation and day-to-day operations of Visa’s global physical and personnel security and associated programs to ensure that the company’s employees and assets are protected in the 200+ countries in which Visa operates," the company said in a statement.
Mayor Bill de Blasio tapped NYPD Chief of Detectives Dermot Shea to become the department's next commissioner.
Shea, 50, the son of Irish immigrants who grew up in Sunnyside, Queens, commanded the 44th and 50th precincts in the Bronx before taking his most recent post as the NYPD's chief crime control strategist, responsible for driving down crime numbers.
O’Neill will take over from Don Hill, global head of safety and security, who is retiring after more than 15 years with the company, Visa said.
The NYPD's 43rd commissioner, O'Neill is leaving the department after a 35-year career, the past three years as the department's top cop. During his tenure, overall crime in the city has dropped, although upticks remain in certain parts of Brooklyn and Queens.
At at news conference Wednesday, O'Neill said the latest citywide crime reports show homicides up by 2.3% and a 4.3% increase in shootings, while all serious crimes are down by 1.8%.
During O'Neill's time as police commissioner, he grappled with a disturbing increase in cop suicides in the department as well as widespread criticism from police unions over his August decision to fire Officer Daniel Pantaleo. O'Neill fired Pantaleo for using a barred chokehold in the 2014 death of Eric Garner during the Staten Island man's arrest for allegedly selling untaxed cigarettes.
At his Monday news conference announcing his decision to step down, O'Neill said firing Pantaleo affected him deeply.
Shea said Tuesday in an interview with WPIX, Channel 11, that he supported O'Neill's decision to fire the officer.