LaHood announced his plans to step down as Transportation Secretary at the end of Obama's first term in 2013. He did not seek any public office after that and instead entered the private sector. On January 29, 2013, LaHood announced he would resign as the Secretary of the Department of Transportation upon the confirmation of his successor by the United States Senate. President Obama nominated Anthony Foxx, the incumbent Mayor of Charlotte, North Carolina, to succeed LaHood. Foxx was subsequently confirmed by the U.S. Senate and was sworn into the position on July 2, 2013.