There’s nothing on the agenda related to Martinez’s contract for the last scheduled meeting of the year. The mayor's office has been making moves to push the CEO out for months.

Pressure is mounting over the future of Chicago Public Schools CEO Pedro Martinez as the Chicago Board of Education prepares for a critical meeting Thursday, where his fate may be decided.

CPS CEO Pedro Martinez has turned down an offer by the interim school board to buy out his contract, according to the Chicago Tribune. Why it matters: The move, which comes from a lame duck board that will be replaced by a partially elected board next month,

Chicago alderpeople, educators, and community members are rallying to keep Pedro Martinez as CPS CEO, citing his stability amid contentious contract negotiations with the Chicago Teachers Union.

The move is the latest effort to oust Martinez and the biggest sign to date that the months-long power struggle between Mayor Brandon Johnson, his school board and the chief executive of the city’s schools is coming to a head this month.

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

An attorney representing the Chicago Board of Education offered to buy out Pedro Martinez, the embattled chief of Chicago Public Schools, amid ongoing tensions.

The Chicago Board of Education offered the Chicago Public Schools CEO a buyout this week – though the move doesn’t seem to have worked. It’s the latest in the months-long power struggle between Pedro Martinez and the mayor’s office. Reset talks with an education reporter to get us up to speed on what comes next.

Pressure is mounting over the future of Chicago Public Schools CEO Pedro Martinez as the Chicago Board of Education prepares for a critical meeting Thursday, where his fate may be decided.