Earlier quoted context omitted.
How is that the Peter Principle? It sounds like he was shunted into a ceremonial position rather than any incompetence on his part in the position.
He failed to gain greater power in the organization and accomplish greater tasks after being promoted out of the role in which he was very competent. This implies that he wasn't very good at being a CTO. If he was, he would have had a bigger role in the projects and a larger team with which to accomplish his desired tasks. This may have been intentional as a courtesy rather than accidental due to the Peter Principle,…
He didn't fail, as he was put in a role with no actual power. The Peter Principle is being promoted into a role you are incompetent at. He was shunted away into a ceremonial position with no power. He didn't even have staff.
> This may have been intentional as a courtesy rather than accidental due to the Peter Principle, but the result is the same.
I'm not talking about the ultimate result, I am talking about the definition of the Peter Principle.