The higher up you go in the corporate ladder, the easier your job is. Less stress, more respect, less hours. Decisions you make are hard to tie back to incompetence
The same holds true for companies with too much cash on hand
Curious how far you've gotten and where because this doesn't track with my experience at all.
Was L7 at FAANG and ~250 employee startup CTO, you are basically on-call 24/7, no such thing as "not my job/responsibility" as everything below you bubbles up to you eventually. Constantly have to juggle priorities and make difficult decisions with limited data. If VP/director needs a report by Monday AM your weekend is gone. If production database goes down at 2am you're awake and have to facilitate communication between stressed engineers fixing the problem and angry upper management/customers.
You have lots of authority and get plenty of respect and compensation to match, but low-stress or fewer hours? that's reddit-brained /r/antiwork BS from a clueless 2x-year-old who watches TV and thinks CEOs just go golfing all day.
Also L7 in faang is not that high level, you can still be an individual contributor.