The clue as a geek to find a place where your superiors are if not as technically adept as you are, at least trust you and your opinions and decisions.
Let me put this another way: are hackers inherently not suitable for top-management jobs, and there will always be suits managing them?
A good CEO can be a good CEO everywhere, but a good hacker isn't necessarily a good CEO anywhere.
As a rule, we see sales/marketing/raising capital, the politics of board meetings/HR as the fastest way to lose your soul.
So I guess we are "not suitable"
Sounds like a suit to me. Don't get me wrong, there's lots of great suits out there, but that's my point, there's nothing wrong with working for competent suits.
There're non-technical managers in other areas that manage engineers, but I don't think we've hired any since 2007, as we found it doesn't really work out that well.