This.

I've recently been promoted to be a VP (so, an executive) at a large corporation of ~50,000 people. Of the top ~250 people, so the top 0.5% of the hierarchy [who get invited to the annual leadership offsite], I estimate there are maybe 2-3 technical people like me. Also, within the executive hieararchy, these 2-3 are at the lowest level, this is not even where the big decisions get made, we're just put in charge of executing the decisions made by MBAs and Finance people.