The White House has endorsed a bill in the Senate, but the measure has yet to come up for a vote.
"It has been a tremendous honor for me to have served in this role and to have worked with such dedicated and professional colleagues both in the government and private sector," Schmidt said in a statement. "We have made real progress in our efforts to better deal with the risks in cyberspace so, around the world, we can all realize the full benefits that cyberspace brings us."
Homeland Security Secretary Janet Napolitano said Schmidt "has been an invaluable resource in our ongoing efforts to strengthen cybersecurity and protect our nation’s critical infrastructure."
Daniel, who will take over as cybersecurity coordinator and special assistant to the president, oversaw intelligence agencies and classified Defense Department programs in his post at the Office of Management and Budget. Since 2007, he has coordinated funding for federal cybersecurity initiatives.
“I am very honored to be asked to take on such an important role, especially at a time when cybersecurity issues are so prominent," Daniel said in a statement. "The challenges in this area are real and serious, but I have the benefit of building on the progress Howard has made through his leadership and I look forward to continuing my career in public service in a new way.”