People (managers and execs in this case) don't primarily make data driven decisions.
They do what's good for themselves personally
Sometimes that means following whatewer the data says -- in other cases they might rather not want to look at any data
I think you are grossly overestimating the validity of that "data". Data can be twisted to say whatever you want it to say. I've watched management throw out results because it didn't align with what they thought, I've seen them cherry-pick and distort employee survey data to backup whatever they already wanted to do, I've experiences KPI hell and how it has zero bearing on the work being done.
These companies are not data-driven, they are people-driven and people are not coldly logical/analytical.
That's very far from clear.