CEO Pedro Martinez declines Chicago Public Schools Board of Education contract buyout offer, sources say

CHICAGO (WLS) — The Chicago Public Schools Board of Education offered CEO Pedro Martinez a contract buyout.

However, sources tell ABC7 Chicago that Martinez declined the offer.

READ ALSO | Chicago Public Schools CEO Pedro Martinez speaks out after school board shakeup

“Pedro Martinez plans to fulfill his agreement with the Chicago Public Schools and ensure that the 325,305 students and families receive the advantages they negotiated with him,” stated Martinez’s legal representative, Bill Quinlan.

As they gathered for a monthly agenda review board meeting, Martinez took his seat next to school board members who are trying to push him out Wednesday.

According to Martinez’s contract, the school board must find cause to fire Martinez.

If not, it could lead to an expensive lawsuit.

Six months ago, Mayor Brandon Johnson asked Martinez to resign, after the CEO refused to take out a $300 million short-term high-interest loan to pay for a new teachers contract and pension payments.

“We asked you, the board, to play a more active role in our negotiations because the CEO is supposed to be bargaining on the behalf of the board, and he is doing the opposite,” Chicago Teachers Union financial secretary Maria Moreno said.

Speaking during the meeting’s public comment period Wednesday, Moreno blamed Martinez for dragging his feet to get a deal done. CTU is anxious to resolve the labor dispute before President-elect Donald Trump takes office. The union originally sent CPS over 700 contract demands, including a 9% raise.

“CPS still doesn’t know how to negotiate with its workers. We want to settle via negotiation, and we have provided a pathway to settlement,” Moreno said.

Part of the pathway is backing off on the 9%. CTU is now offering 6% for years one and two and 5% for the last two years. CPS has proposed 4% for year one and 5% for the remainder of the contract.

The board is not expecting to take any action Wednesday regarding Martinez’s contract.

This week, nearly 700 CPS principals sent a letter to school board members, urging them not to replace the district’s current senior staff.

In October, Martinez spoke to ABC7, responding to criticism that he has no CPS funding plan, and is relying on proposed cuts.

He was also asked if he thought the mayor’s picks for a new school board could end up firing him.

“I don’t know. I really don’t. I’m being sincere,” Martinez said. “I will say what’s great right now is that, you know, it’s very transparent what my contract says.”

The previous school board was not willing to fire Martinez or secure the short-term, high-interest loan to help pay for a new teachers contract, which led to a mass resignation in October.

“I did not expect for this to escalate to the way it did,” Martinez said.

Copyright © 2024 WLS-TV. All Rights Reserved.

You May Also Like
California man to plead guilty to attempted assassination of Justice Kavanaugh

California Man Admits to Trying to Assassinate Justice Kavanaugh

The man accused of planning to murder Supreme Court Justice Brett Kavanaugh…
Chicago Mayor Brandon Johnson announces Cook County Commissioner Anthony Joel Quezada for 35th Ward alderman pick

“Chicago Mayor Brandon Johnson Endorses Anthony Joel Quezada for 35th Ward Alderman”

In Chicago, Mayor Brandon Johnson has chosen Cook County Commissioner Anthony Joel…
Shocker: Covenant School Shooter Final Report Released - Attack Was Plotted for Years

Surprising Revelation: Final Report on Covenant School Shooter Unveiled – Attack Was Planned Over Several Years

The Nashville police have published their conclusive findings regarding the investigation of…
Speaker Johnson suffers a defeat in his push to block parents in the U.S. House from proxy voting

Speaker Johnson faces a setback in his attempt to prevent parents in the U.S. House from voting by proxy.

WASHINGTON — House Speaker Mike Johnson suffered a significant defeat on Tuesday…
Terrifying tornado outbreak across America's heartland as six states are issued very rare weather warning

Unusual weather warning issued for six states as terrifying tornado outbreak strikes America’s heartland

Numerous tornadoes ripped through the Midwest on Wednesday evening, causing widespread destruction…
Myanmar's military declares a ceasefire to ease quake relief as the death toll tops 3,000

The military in Myanmar announces a pause in fighting to help with earthquake relief efforts as the number of deaths exceeds 3,000

A temporary ceasefire was declared by Myanmar’s ruling military in the midst…
Bodycam in Connecticut house of horrors shows suspect after stepson's fiery escape

Footage from body camera in Connecticut reveals suspect following stepson’s escape from burning house.

Bodycam video from the Waterbury Police Department captures Kimberly Sullivan, the suspected…
2 Jewish students file lawsuit against Chicago's DePaul University for negligence after Lincoln Park campus attack

Lawsuit Filed by 2 Jewish Students Against DePaul University for Negligence Following Attack on Lincoln Park Campus

CHICAGO (WLS) — Max Long and Michael Kaminsky were blindsided in an…
Chinese national smuggled illegal immigrants to American territory as US sees influx from adversary

Chinese National Smuggles Illegal Immigrants into US amid Rising Adversary Activity

A Chinese national has been sentenced to federal prison for exploiting a…
Leading Canadian conservative says Ottawa should remove all tariffs as 'Liberation Day' arrives

A prominent Canadian conservative suggests that Ottawa eliminate all tariffs as a way to celebrate ‘Liberation Day’.

In anticipation of President Donald Trump’s planned reciprocal tariffs labeled as “Liberation…
Canada stares down consequences of Trump tariff war: Job losses, grocery price hikes, possible recession

Canada faces challenges from Trump’s tariffs: potential job cuts, higher food prices, and economic downturn

Canada is preparing for the consequences of President Donald Trump’s escalating trade…
Boston DA considering criminal charges against ICE agent who arrested illegal immigrant during trial

Boston District Attorney Contemplating Criminal Charges Against ICE Agent for Arresting Undocumented Immigrant During Trial

A district attorney from Massachusetts is contemplating bringing criminal charges against an…