Marking the End of an Era with Michael Alexander’s Retirement (Image Credits: Pexels)
Brunswick, Georgia – A major player in the U.S. seafood sector has revealed plans for a leadership handover designed to sustain its century-old tradition of excellence.[1][2]
Marking the End of an Era with Michael Alexander’s Retirement
Michael Alexander’s 15-year stint as president and CEO of King & Prince Seafood concluded with his retirement announcement, effective April 17, 2026. He guided the company through periods of expansion, fortifying ties with customers and suppliers while emphasizing integrity, quality, and service. His efforts positioned the organization for sustained success in a competitive market.
Alexander’s departure caps a tenure marked by steady stewardship. Colleagues and executives alike praised his contributions to the team’s performance and partnerships. The move allows him to step back after years of dedicated leadership.[1]
Steve Yung Brings Decades of Global Expertise to the Helm
Steve Yung steps in as president and CEO on April 20, 2026, armed with more than 40 years in the food and primary industries. He previously served as CEO of Sealord Group, a New Zealand-based seafood heavyweight also backed by parent company Nissui, from 2014 to 2020. Before that, Yung held the role of managing director at McCain Foods Australia and New Zealand, part of the global senior leadership team, along with senior positions in Australia, Canada, and New Zealand.[3][4]
His customer-centric approach aligns closely with King & Prince’s values. Yung now serves as a director at Sealord and chairs its Australian joint venture. This appointment signals Nissui’s confidence in his ability to drive the company forward.[1]
A Seamless Shift Prioritizing Continuity and Innovation
The three-day gap between retirements underscores a deliberate plan to avoid disruptions. Operations will proceed unchanged, with teams focused on quality products and reliable supply. Takashi Matsumoto, president of Nissui USA, highlighted the balance of stability and progress in the transition.
“This transition reflects both stability and forward momentum,” Matsumoto stated. “Steve’s leadership will build upon our strong foundation while continuing to deliver the high-quality products, reliability, and service our customers and suppliers expect.”[1] He also thanked Alexander: “We are deeply grateful for Michael’s contributions to King & Prince Seafood. His impact on our people, our partners, and our performance has been significant. We thank him for his leadership and wish him the very best in his well-earned retirement.”
King & Prince Seafood’s Storied Path and Market Presence
Founded in 1924 by Gerald Beach as King Shrimp Company in Brunswick, the firm began by shipping fresh shrimp to markets in New York and Chicago. It pioneered innovations such as the first breaded shrimp and seafood dips for mass production. Today, backed by global giant Nissui, it ranks among the largest U.S. seafood companies, serving foodservice operators nationwide.[5][6]
The portfolio includes well-known brands that emphasize quality and sustainability:
- King & Prince®
- Mrs. Friday’s®
- Oceanway®
- Sensations®
- Pride of Alaska®
These offerings support year-round seafood menus, powered by committed employees and a focus on innovation.[1]
Key Takeaways
- Michael Alexander retires after 15 years, leaving a legacy of growth and strong relationships.
- Steve Yung’s 40+ years of experience ensures a smooth handover and fresh momentum.
- Daily operations remain unaffected, prioritizing customer reliability and innovation.
As King & Prince Seafood navigates this pivotal moment, its emphasis on trusted partnerships positions it well for future challenges in the seafood industry. What implications do you see for the sector’s evolution? Share your thoughts in the comments.
