There surely is at some point.

I'm saying this more from the perspective of an IC though, who is dealing with the next 2-3 levels of management. Perhaps it's a different story in the C-suite, but I'm dubious.

IMO it's more often a problem of training and support. Throwing people into the deep end and standing back while they sink or swim seems like a myopic strategy to me, but maybe that's why I'm not a CEO.