[coralreef]

Sounds like a good idea in theory (to have an executive involved in low level grunt work), but also seems like a waste of time because they obviously won't be as effective as someone who codes daily. The point of the CTO is see the big picture and direct accordingly.

[j_p_g]

Coding is not low level grunt work, it is (potentially) the highest leverage activity a human can do.

[CmonDev]

True, but unfortunately architects and monarchs are given credit for buildings, not builders.