At the end of that year, Yucaipa Companies with a $25 million investment, became a substantial-enough owner to replace Patrick Brady as chairman with its own Ronald Burkle. However Patrick and Simon CEO Allan Brown were named as "co-chief executives" of Cyrk.
In the final quarter of that year, Yucaipa Companies, investing $25 million, gained enough ownership to remove Patrick Brady from his position as chairman and appoint Ronald Burkle in his place. Meanwhile, Patrick and Simon CEO Allan Brown were designated as co-chief executives for Cyrk.