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CPS Boss Barbara Byrd-Bennett Resigns

CHICAGO (CBS) -- About six weeks after taking a paid leave of absence, the embattled head of the Chicago Public Schools has resigned.

Barbara Byrd-Bennett, who is facing a federal investigation into no-bid contracts awarded by the school district, submitted her resignation, which is effective today, on Friday.

In her letter of resignation to school board president David Vitale, she wrote that  she "will remain forever thankful for the opportunity to serve the children of Chicago and the district."

She goes on to say she appreciates the steadfast support of the board and district and wishes all of them "continued success in the important work that you do to further the mission of CPS and the interests of the children that it serves."

Mayor Rahm Emanuel said in a statement:  "I am saddened by the circumstances that have led to Barbara's resignation and I wish her well. As a city, our focus must remain on finishing the school year strong and tackling the billion dollar budget deficit that threatens the progress our students, teachers, principals and parents have made over the last several years."

This resignation is not a huge surprise. Byrd-Bennett has been on paid leave since April it was due to run out on Friday.

The district is under a federal investigation for allegedly handing Byrd-Bennett's former employer a $20.5 million no-bid contract with CPS.

The Wilmette based nonprofit education group, SUPES, was hired in 2013 to train and develop school network chiefs and principals.

It has already received $12 million.

Byrd Bennett was appointed CEO in 2012 by mayor Emanuel. She was named after the tumultuous teachers' strike.

Interim CEO Jesse Ruiz will continue in his role until the board finds a replacement.

The Chicago Teachers Union released a statement saying, "The current federal investigation that forced her departure sets a horrible example for our students and the educators who look to her leadership. She leaves Chicago not only under a cloud of suspicion and organizational chaos, but also following one of the darkest hours in our city's history when she closed 50 public schools in a single year, the largest number in U.S. history."

Barbara Byrd Bennett Resigns

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