Steward Health CEO Ralph de la Torre Steps Down Amid Senate Contempt Charges

De la Torre resigns after failing to testify before Senate panel investigating the hospital operator's bankruptcy.

Ralph de la Torre will step down as CEO and chairman of Steward Health Care effective October 1.
Steward Health Care, which operates 31 hospitals, filed for bankruptcy in May and has been selling off its hospitals to address $9 billion in debt.
The U.S. Senate unanimously voted to hold de la Torre in criminal contempt for not complying with a subpoena to testify about the company's financial troubles.
De la Torre, known for his luxurious lifestyle, has been criticized for contributing to the financial and operational issues at Steward hospitals.
Despite his resignation, de la Torre's spokesperson stated he will continue to advocate for better reimbursement rates for underprivileged patients.