Why This CEO Fired Himself and Asked His Friend to Take Over Matt Bodnar was always good at solving problems. But when he became CEO, he saw his company struggle under his leadership. So he made a drastic change.
By Jason Feifer
This story appears in the October 2018 issue of Entrepreneur. Subscribe »
A few years ago, when Matt Bodnar was the CEO of a small technology company, he got lunch with a fellow CEO friend. This friend was frustrated; his company was struggling, and he wanted a change. So the two spent 15 minutes or so talking through solutions, and then, to his own surprise, Bodnar said the words that would change his life: "Well," Bodnar asked his friend, "what if you just took my job?"
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"We kind of laughed about it," Bodnar says. "And then he was like, "That's not a bad idea.' "
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