Effective May 23, 2013, the board of directors of Arvana, Inc. accepted the resignation of Robert J. Naso as a director of the corporation. Effective May 24, 2013, the board of directors of the corporation accepted the resignation of Zahir Dhanani as a director of the corporation and his resignation as the corporation's chief executive officer. Effective May 24, 2013, the board of directors of the corporation appointed Ruairidh Campbell as its chief executive officer.

Mr. Campbell brings to his new position management skills with a legal and business background encompassing over 18 years of consultancy experience. He started his legal career as an attorney for Baker & McKenzie in Cairo, Egypt transitioning to consultancy work in 2001 on the formation of Orsa & Company. Mr. Campbell also serves as the chief executive officer, chief financial officer, principal accounting officer and a director for Allied Resources, Inc. from June 1998 to present and for Park Vida Group, Inc. from December 1999 to present.

Effective May 24, 2013, the board of directors of the corporation appointed Ruairidh Campbell to serve as a member of the corporation's board of directors.