Co-CEOs of Canadian credit union prove two heads are better than one

The 60-something-year-olds are the co-chief executives of Gulf & Fraser, a B.C.-based credit union founded, once upon a time, by commercial fishermen. The numbers guy joined the credit union as chief financial officer in the mid-1990s, a few years after the sales guy came aboard as a management trainee. At the time, the credit union had two branches, and about 60 employees, and just over $200 million in assets under administration. But he went along with his co-equals gut instinct, and the new hire emerged as a perennial top performer with the credit union. Back in the Caribbean, the credit union director with the famous kid was reflecting on his most prized, work-related experiment.