Steward Health Care CEO Ralph de la Torre is resigning his position with the bankrupt company. 

The resignation of the embattled leader of the failed hospital operator in Massachusetts and other states takes effect tomorrow. 

De la Torre has faced major criticism for living a lavish lifestyle that included yachts and private jet travel.  He's the company's largest shareholder, and Steward did not indicate whether de la Torre would remain as a shareholder once he departs.