On December 8, 2012, Oli Valur Steindorsson resigned from all of his positions with Umami Sustainable Seafood Inc. and from all of his positions with all of the company's subsidiaries, including chairman of the company's board of directors and chief executive officer of the company, effective immediately. The board has appointed James White as chairman of the board. Mr. White, 52, has served as a member of the board since January 2011.

He has been the Managing Partner and President of Baynes & White Inc., a consulting and actuarial firm, from May 1993 to the present.