Sure - though this thinking can lead to the common misconception that CEO's just need to be generically good managers and not experts in the area the company op

Sure - though this thinking can lead to the common misconception that CEO's just need to be generically good managers and not experts in the area the company operates in. I think this is often wrong for two reasons - the layers are not entirely disconnected - the devil is often in the details - hard to detect BS from subordinates