There's a saying: closer to the ceiling is closer to the door. The higher up you get, the more likely that you're blamable for problems, and the less likely that you are repurposeable for some other project.
In the current environment upper management protects their own jobs as the utmost of importance and then worst case ensures they leave with millions of dollars and favorable reviews even if they were a complete charlatan.
From an organizational efficiency standpoint: If a large company lays off 15% of its work force, it'll still need its top level people. It hasn't suddenly removed the need for a COO, etc. So what you're proposing doesn't really make sense.
taking responsibility and owning a team / department / vertical is explicitly the point of managers.