Those presentations to the higher levels didn’t really happen because the corporate structure was very flat. Also, I would not expect those to take up all that much time.

You may have worked at a lot of places, but your experience is still only a tiny slice of the different shops out there. My experience is likewise limited, and I acknowledge that such light touch management is probably very rare, but it can and does work.

You said she was a team lead not a real manager, which does have some truth to it, but it’s not like there was someone doing the “real” management work to pick up the slack for her. In the right environment that stuff simply isn’t needed.