Yes I have seen this. This person was boasting about being a "Vice President" and then I see almost everyone is a VP. What is up with this?
One FAANG hiring manager outright told me he found it very intimidating.
https://www.itnews.com.au/news/nab-to-innersource-some-of-it....
I have seen this twice now. Vault is trivial to get going and get a POC up, but it is a lot more work (ten times?), getting up properly deployed with working HA, a good structure and good processes in place so it does not become a steaming pile of spaghetti. I probably wrecked my career at one firm spending all the time doing it properly, but it was probably time to leave when they started a project to replace it with Password Manager Pro. :)
I think we ended up using KMS instead (much to the chagrin of everyone).
Another shining moment was when the security/compliance department cobbled together a Hashicorp Vault proof-of-concept and lobbed it over the fence at one of the ops teams. The ops team didn't have the bandwidth to deal with it and the security team refused to maintain it. It was ridiculous enough that veeps and directors got involved.
This has been my experience at most tech companies I've been at. Careful what you ask for. ;)