Depending on your job, experience can be very important or it can be less important. What is always important are your job skills. Let me explain what I mean. If you have led multiple projects that is good but it doesn't mean that you have learned something new in every project. When you do the same thing over and over you don't really learn anything new. All the projects are your experience, what you did in the different projects are your job skills. So you can potentially do projects for years without learning new skills.
Repetition doesn't necessarily add new skills. We want to be challenged, do something new, learn new skills and do something that makes a positive difference.
For many technical knowledge workers (e.g. Software Developers) I think that experience still matters a lot but it matters less than it did 10 years ago because technology changes so quickly. You can't expect to learn something today and then still make a living from that knowledge in 5 years. Instead you have to be able to apply what you learned very quickly and effectively and then move on to whatever comes next. It is a constant learning and reinvention process. Why would you want to wallow in work you had done 5 years ago anyway? That was then and you can't get it back but you still want to deliver your best work today, right? So focus on getting the best possible, up-to-date job skills for your work today.