You don't understand these fiduciary duties if you think they mean an executive cannot take a bonus he is entitled to under his employment contract.
Besides, he was looking after his company and shareholders when he laid off 7,000 unnecessary workers.
I understand fiduciary duties...if the economy is seriously tanking and 7000 must be laid off...don’t you think it might be a good idea to delay the bonus and put your company above your personal compensation?