The chair reserved for Steward Health Care System CEO Ralph de la Torre sits empty after de la Torre failed to show and testify before the Senate Health, Education, Labor, and Pensions hearing to examine the bankruptcy of Steward Health Care on Thursday, Sept. 12, 2024 on Capitol Hill in Washington. Photo: Kevin Wolf/AP

Just weeks after Senate Committee Chair Bernie Sanders called Steward Health Care CEO the poster child for "outrageous corporate greed" after he failed to testify before the Senate committee on his role in the hospital's collapse in May, Dr. Ralph de la Torre will step down on Oct. 1.

In a statement, the Dallas-based company announced on Saturday the controversial CEO, who is believed to hold a majority of shares in Steward Health Care, would no longer serve as its CEO and chairman as part of an agreement in principle reached earlier this month.

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