Billionaire Chicago businesswoman Penny Pritzker has resigned from the Chicago Board of Education effective Thursday, according to a letter she sent to Chicago Mayor Rahm Emanuel.
According to the Chicago Tribune, a spokeswoman for Pritzker declined to provide a reason for the resignation. Pritzker is being vetted as a potential nominee for U.S. Commerce Secretary, sources have told the Tribune. An appointment to the federal post would require her to step down from other governmental roles.
The three-sentence resignation letter does not refer to the cabinet position in President Barack Obama’s administration. It reads:
“I am writing to submit my resignation as a Member of the Chicago Board of Education. I want to thank you for giving me the opportunity to serve the City of Chicago, its children and families, during these last two years. Education is critical to ensuring every child has an opportunity to succeed, and I wholeheartedly support the work that you are doing to improve Chicago schools.”