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What I'm mostly confused about here, is how you volunteer for a VP position that is magically created. You say they knew of your expertise, yet if I were considering hiring a VP I damn sure wouldn't just take the first one who volunteered for that position.
Either way, the position that you didn't "replace" anyone may be true in one sense, yet as Cyn has pointed out, it would be just as easy to hire a team of people for less money than they paid you, and received the same result, which would have "helped" out 3 people instead of the singular you.
There is no such thing as job security.. none.
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