> Your career and job is on shakier ground as responsibility grows, with less direct control over what actually happens

Contrarily, it seems that many execs "fail upwards" or at least fail into the exact same level, bouncing around C-suites and board positions regardless of the success of their companies.

Additionally - the term "golden parachute" exists for a reason. Many comp packages are structured so the execs are exiting with multi millions regardless of how the company does.