Pinnacol said that Ross submitted his resignation and the Pinnacol board of directors accepted it.
Pinnacol board vice president John Plotkin will lead the company until a chief executive can be found. The search for the new CEO will begin immediately, Pinnacol said.
In March 2011, Ross lost a $163,115 bonus, his punishment for a confrontation with a television crew that followed him and other board members to California's lavish Pebble Beach golf resort.
In a split vote, the board of directors of the state-chartered providers of workers' compensation coverage then cited the harm that Ross' actions, not to mention the expensive trip, brought the company.
Read the full report on The Denver Post.
(Copyright 2013 The Denver Post)