Okay, now you are showing your true colors. Define "well'? First of all as President of Publicis (which is a major Ad agency), NC earns just as much, if not more than any large Pharma CEO or major Biotech CEO. In addition, unless you now something the rest of us do not know, running any kind of division still requires a lot of skill sets. The size of the organization doesn't matter much because many of the issues are the same. Whether they are FDA, manufacturing, R&D, sales, etc. In fact, I would think that managing the smaller organizations with less available resources may be a little tougher than managing large organizations made up of few difference makers and a majority of mediocre personell. Get your facts straight. VC's do "well" because they make sound investments in talented people who can gain access to quality technologies.
Leaders like Saltz et al, ran a quality organization when they were in charge and they have had continued success in smaller organizations. Yes, I was around in those days and while mistakes were made, the successes far outnumbered the failures, which is no longer the case. Saltz always had a positive attitude and it rubbed off on many people. When he left, the organization's leadership went with him and it seems to be that it has yet to recapture any of it's lost luster. It's too bad that you're so bitter, because it sounds like the company can truly use some people with positive "can-do" behavior, even when times are tough.