Businessconquerer, I'm a longtime lurker on these forums, but I was wondering if you could clarify a point you'd made in your post, as it seems to run counter to what I've heard from Sloan.
To the best of my knowledge, Sloan much prefers a letter of recommendation from a direct, current (or former) supervisor rather than someone in a high post. While getting someone with a "VP" or "CEO" in their title to write a letter may sound impressive, Sloan is targeting someone who knows you very well and can speak to your accomplishments. This seems to be the case with every school I've looked into.
This is demonstrated on their "How to Apply" page:
A professional recommendation is preferred, from an individual who is able to speak with certainty about your professional achievements and potential.
https://mitsloan.mit.edu/mba/admissions/how-to-apply.
It's also explicitly stated on their videos from the Admissions team:
https://youtu.be/IklwEESmSZ8?list=PLLps ... xhgK9&t=26
And here again from their 2018 video:
https://youtu.be/NkoAg791ov0?t=56"Finally, if you think that the president of CEO of your company might be a good recommender and this is somebody who you bumped into in an elevator who would perhaps write a sentence or two, I'm telling you, that is not a good choice. In the end, we're looking for people to write recommendations who know you well and can speak to the contribution that you have made in an organization. We're assessing you not them." - Dawna Levenson, Assistant Dean, MIT Sloan Admissions
Just want to make sure we all have the right information

If the content of this post is true, Arro44 I'd say you did exactly the right thing