"Over the years, Reggie has been a friend, a teammate, and an indispensable member of my staff," the president said. "His ability to juggle so many responsibilities with so little sleep has been an inspiration to watch. He is the master of what he does. Even though I will miss seeing Reggie every day, I want to thank him for his service and wish him all the best as he begins a new chapter in his career."

Love is leaving to join Wharton Business School's Executive MBA program, White House officials said. Wharton's Business school was named the fourth best in the country behind Harvard, Stanford and the University of Chicago's Booth School of Business by Forbes Magazine. Wharton counts Donald Trump and real estate and media magnate Mortimer Zuckerman among its alumni.

Love was remembered for his easy-going nature and popularity around the White House. A former basketball and football player at Duke, Love was basketball buddy and fellow sports junkie who kept Obama on-schedule. The combination of Love's skills and similarities with Obama, coupled with his physical presence (he stands at 6-4), makes his position among the most difficult to fill.

"What I am counting on is Reggie making loads of money," Obama said according to ESPN in 2009. "So that when I am out of politics, I will have someone who can hire me and I can get a corner office and not do much."

Think you have what it takes to fill Reggie Love's shoes?

Here are a few musts:

• You are on all the time.
• Must be married to your blackberry.
• Extremely long hours. 
• Extensive knowledge of history and sports. 
• Great personality, friendly but not a push over.
• Must be able to play Spades and be able to keep POTUS up on popular news as well as current events. 
• Sharp dresser, a suit is your uniform. 
• Learn your foreign leaders, monarchs, celebrities, cabinet members alike -- you never know when you'll have to give a tip to POTUS about who he is talking to or about to talk to. 
• Learn how to navigate through the White House. 
• Get comfortable around Secret Service.
• Learn a few languages, chances are you will go though several countries in a year. 
• Learn the names of governors, senators, and congressman (especially those in leadership). 
• Know where to get the best burger in any major city.
• Be able to call an audible at the drop of a dime, always remember that plans change. 
• Don't crack under pressure or let the status get to your head, remember that you represent the President.
• Most of all: Stay out of trouble!