> My comment was more on the next levels - there seemed to be about as many high-level technical roles as managers (paid similarly) where I worked in biotech (that might be a different situation for software-only companies.) And there were more Directors/VP's than Principals/Fellows for sure. So at some point the "ladder width" crosses over.

Yea. Biotech is different. The equivalent of a VP for a specific formulation at a Pfizer would be a Staff or Principal Product Manager at a Salesforce.

In software, Engineering Managers have increasingly become solely people+program managers with a bit of a technical component.

EMs aren't expected to own product - that's PMs. Additonally, EMs aren't expected to own architecture - that's Principal and Distinguished Engineers. All that leaves EMs is program management.