This is absolutely true and it's because executives usually have spent at least some amount of time doing "sales" type roles where they learn what value selling is. I always do value selling during my salary negotiations, and I too pretty much concern myself only with how much I bring to the table and what a fair cut of that for myself is. My location has absolutely nothing to do with that, and I've delivered a ton of value in my career from far more remote locations than most remote workers find themselves in.