I've been around these execs outside of professional settings. All they care about is their status (money) and getting blowjobs from their aides. I am not exaggerating. They do not give a damn about how software should work. The execs with humble beginnings often get sucked into the culture and eventually exhibit the same characteristics as the others within 5-10 years. As they say, dopamine is a hell of a drug.
Every good business is one MBA away from enshittification.