[kelnos]

Director in this sense does not mean what it means in the definition for "duty of loyalty", which is talking about board members, not (even high-ranking) employees.

[gamblor956]

Wikipedia is good for a broad definition of the term "duty of loyalty" but in CA that duty extends to all employees (see e.g. https://www.sandiegouniontribune.com/business/sd-fi-eaton-26...).