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Replies to #91869 on Biotech Values
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microcapfun

03/06/10 12:34 AM

#91876 RE: DewDiligence #91869

>>Why do you say that? Being a bad CEO at one company does not necessarily make someone unqualified to be a CMO at another company.<< (Dew)

Let's just say that if I were searching for the Executive Vice President and Head of Research and Development of my $2 billion dollar company, failed CEOs would have a hard time working their way to the top of my shortlist. And I expect it would be the same for you.

But I take back what I said. Let me try again. There may be many reasons why Coles hired Love - none of which I am aware of - but given that African Americans are rare at senior levels in Biotech/Pharma, statistics and suspicion suggest that one possible reason may be that Coles wanted another African American at the senior executive level.

(Full disclosure: I'm color blind, and wish everybody else was too.)

micro