
CHICAGO (WBBM NEWSRADIO) - The Chicago Board of Education will meet Friday evening, and it may be setting the wheels in motion to remove schools CEO Pedro Martinez.
There are two items on the agenda: Approve termination of the CEO and approve settlement with the CEO.
The latter would be a buyout. It's no secret the mayor has been unhappy with Martinez over the CEO’s refusal to take on debt to pay for a new contract with the teachers union.
The union has pressed for a contract agreement before Christmas.
The CEO refused a request to resign in September, and then refused a buyout.
If the board moves to fire Martinez, contract language gives him six months’ notice if he’s terminated without cause.
The CEO earns $360,000 dollars a year.
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