diff --git a/Makefile b/Makefile
index 4557963b53..a267a32bae 100644
--- a/Makefile
+++ b/Makefile
@@ -122,7 +122,9 @@ e2e/operator-registry: ## Run e2e registry tests
 	$(MAKE) e2e WHAT=operator-registry
 
 e2e/olm: ## Run e2e olm tests
-	$(MAKE) e2e WHAT=operator-lifecycle-manager E2E_CATALOG_NS=openshift-marketplace E2E_INSTALL_NS=openshift-operator-lifecycle-manager E2E_TEST_NS=openshift-operators E2E_TIMEOUT=120m KUBECTL=oc
+	# the operator-registry version is pinned to v1.39.0 - later versions are not compatible with 4.12
+	# this is important for a few tests would rely on :latest
+	$(MAKE) e2e OPERATOR_REGISTRY_TAG=v1.39.0 WHAT=operator-lifecycle-manager E2E_CATALOG_NS=openshift-marketplace E2E_INSTALL_NS=openshift-operator-lifecycle-manager E2E_TEST_NS=openshift-operators E2E_TIMEOUT=120m KUBECTL=oc
 
 .PHONY: update-plugin-deps
 update-plugin-deps:
diff --git a/staging/operator-lifecycle-manager/.github/workflows/e2e-tests.yml b/staging/operator-lifecycle-manager/.github/workflows/e2e-tests.yml
index 55eea714ca..857eaf8de7 100644
--- a/staging/operator-lifecycle-manager/.github/workflows/e2e-tests.yml
+++ b/staging/operator-lifecycle-manager/.github/workflows/e2e-tests.yml
@@ -19,9 +19,63 @@ jobs:
       - uses: actions/setup-go@v3
         with:
           go-version-file: "go.mod"
-      - run: mkdir -p artifacts
-      - run: make e2e-local E2E_TEST_CHUNK=${{ matrix.parallel-id }} E2E_TEST_NUM_CHUNKS=${{ strategy.job-total }} E2E_NODES=2 ARTIFACT_DIR=./artifacts/ SKIP='\[FLAKE\]'
-      - name: Archive Test Artifacts # test results, failed or not, are always uploaded.
+
+      # load the olm image
+      - name: Load OLM Docker image
+        uses: actions/download-artifact@v4
+        with:
+          name: olm-image.tar
+          path: .
+      - run: docker load < olm-image.tar
+
+      # set e2e environment variables
+      # Set ginkgo output and parallelism
+      - run: echo "GINKGO_OPTS=-output-dir ${ARTIFACT_DIR} -junit-report junit_e2e.xml -nodes ${E2E_NODES}" >> $GITHUB_ENV
+
+      # Setting -kubeconfig-root tells the e2e test suite to look for kubeconfigs
+      # in <kubeconfig-root>/kubeconfig-<node-number>
+      # This is used to run tests in parallel on multiple clusters as the current e2e
+      # test suite does not support running tests in parallel on a single cluster
+      - run: echo "E2E_OPTS=-kubeconfig-root=${E2E_KUBECONFIG_ROOT}" >> $GITHUB_ENV
+
+      # run e2e tests
+      # create artifacts directory
+      - run: mkdir -p ${ARTIFACT_DIR}
+
+      # deploy test clusters
+      - name: Deploy test cluster(s)
+        # create kubeconfig root and store the kubeconfig for each cluster within it as you create the clusters
+        # Add kind and helm options to specify kubeconfig location
+        # Deploy the new cluster and helm install olm for testing
+        run: |
+          mkdir -p ${E2E_KUBECONFIG_ROOT}
+          for i in $(seq 1 ${E2E_NODES}); do
+            KIND_CLUSTER_NAME="kind-olmv0-${i}" \
+            KIND_CREATE_OPTS="--kubeconfig=${E2E_KUBECONFIG_ROOT}/kubeconfig-${i}" \
+            HELM_INSTALL_OPTS="--kubeconfig ${E2E_KUBECONFIG_ROOT}/kubeconfig-${i}" \
+            make kind-create deploy;
+          done
+
+      # run non-flakes if matrix-id is not 'flakes'
+      - name: Run e2e tests
+        if: ${{ matrix.parallel-id != 'flakes' }}
+        # calculate the number of chunks as the number of parallel jobs minus 1 (flakes job)
+        # use the split tool to split the test suite into chunks and run the chunk corresponding to the matrix-id
+        # focus on those tests and skip tests marked as FLAKE
+        run: |
+          E2E_TEST_NUM_CHUNKS=$(( ${{ strategy.job-total }} - 1 )) \
+          GINKGO_OPTS="${GINKGO_OPTS} -focus '$(go run ./test/e2e/split/... -chunks $E2E_TEST_NUM_CHUNKS -print-chunk $E2E_TEST_CHUNK ./test/e2e)' -skip '\[FLAKE\]'" \
+          make e2e;
+
+      # run e2e tests for flakes if matrix-id is 'flakes'
+      - name: Run flaky e2e tests
+        if: ${{ matrix.parallel-id == 'flakes' }}
+        # focus on tests marked as FLAKE
+        run: |
+          GINKGO_OPTS="${GINKGO_OPTS} -focus '\[FLAKE\]'" make e2e
+
+      # archive test results
+      - name: Archive Test Artifacts
         if: ${{ always() }}
         uses: actions/upload-artifact@v2
         with:
diff --git a/staging/operator-lifecycle-manager/Makefile b/staging/operator-lifecycle-manager/Makefile
index f892f12e95..dd9d1b74c3 100644
--- a/staging/operator-lifecycle-manager/Makefile
+++ b/staging/operator-lifecycle-manager/Makefile
@@ -29,6 +29,18 @@ GO := GO111MODULE=on GOFLAGS="$(MOD_FLAGS)" go
 GINKGO := $(GO) run github.com/onsi/ginkgo/v2/ginkgo
 BINDATA := $(GO) run github.com/go-bindata/go-bindata/v3/go-bindata
 GIT_COMMIT := $(shell git rev-parse HEAD)
+ifeq ($(shell arch), arm64) 
+ARCH := arm64
+else
+ARCH := 386
+endif
+
+# Take operator registry tag from operator registry version in go.mod
+export OPERATOR_REGISTRY_TAG ?= $(shell go list -m github.com/operator-framework/operator-registry | cut -d" " -f2)
+
+# Pin operator registry images to the OPERATOR_REGISTRY_TAG
+export OPERATOR_REGISTRY_IMAGE ?= quay.io/operator-framework/opm:$(OPERATOR_REGISTRY_TAG)
+export CONFIGMAP_SERVER_IMAGE ?= quay.io/operator-framework/configmap-operator-registry:$(OPERATOR_REGISTRY_TAG)
 
 # Phony prerequisite for targets that rely on the go build cache to determine staleness.
 .PHONY: build test clean vendor \
@@ -223,15 +235,21 @@ verify-manifests: manifests
 
 verify: verify-codegen verify-mockgen verify-manifests
 
+.PHONY: pull-opm
+pull-opm:
+	docker pull $(OPERATOR_REGISTRY_IMAGE)
+
 # before running release, bump the version in OLM_VERSION and push to master,
 # then tag those builds in quay with the version in OLM_VERSION
 release: ver=v$(shell cat OLM_VERSION)
-release: manifests
+# pull the opm image to get the digest
+release: pull-opm manifests
 	@echo "Generating the $(ver) release"
 	docker pull $(IMAGE_REPO):$(ver)
 	$(MAKE) target=upstream ver=$(ver) quickstart=true package
 
 package: olmref=$(shell docker inspect --format='{{index .RepoDigests 0}}' $(IMAGE_REPO):$(ver))
+package: opmref=$(shell docker inspect --format='{{index .RepoDigests 0}}' $(OPERATOR_REGISTRY_IMAGE))
 package:
 ifndef target
 	$(error target is undefined)
@@ -239,15 +257,19 @@ endif
 ifndef ver
 	$(error ver is undefined)
 endif
+	@echo "Getting operator registry image"
+	docker pull $(OPERATOR_REGISTRY_IMAGE)
 	$(YQ_INTERNAL) w -i deploy/$(target)/values.yaml olm.image.ref $(olmref)
 	$(YQ_INTERNAL) w -i deploy/$(target)/values.yaml catalog.image.ref $(olmref)
 	$(YQ_INTERNAL) w -i deploy/$(target)/values.yaml package.image.ref $(olmref)
+	$(YQ_INTERNAL) w -i deploy/$(target)/values.yaml -- catalog.opmImageArgs "--opmImage=$(opmref)"
 	./scripts/package_release.sh $(ver) deploy/$(target)/manifests/$(ver) deploy/$(target)/values.yaml
 	ln -sfFn ./$(ver) deploy/$(target)/manifests/latest
 ifeq ($(quickstart), true)
 	./scripts/package_quickstart.sh deploy/$(target)/manifests/$(ver) deploy/$(target)/quickstart/olm.yaml deploy/$(target)/quickstart/crds.yaml deploy/$(target)/quickstart/install.sh
 endif
 
+
 ################################
 #  OLM - Install/Uninstall/Run #
 ################################
diff --git a/staging/operator-lifecycle-manager/deploy/chart/values.yaml b/staging/operator-lifecycle-manager/deploy/chart/values.yaml
index 5870f3230a..ffb5891842 100644
--- a/staging/operator-lifecycle-manager/deploy/chart/values.yaml
+++ b/staging/operator-lifecycle-manager/deploy/chart/values.yaml
@@ -40,6 +40,7 @@ catalog:
   setWorkloadUserID: true
   replicaCount: 1
   commandArgs: --configmapServerImage=quay.io/operator-framework/configmap-operator-registry:latest
+  opmImageArgs: --opmImage=quay.io/operator-framework/opm:latest
   image:
     ref: quay.io/operator-framework/olm:master
     pullPolicy: Always
diff --git a/staging/operator-lifecycle-manager/pkg/controller/operators/olm/operator_test.go b/staging/operator-lifecycle-manager/pkg/controller/operators/olm/operator_test.go
index f3fba8603f..0c49a95b60 100644
--- a/staging/operator-lifecycle-manager/pkg/controller/operators/olm/operator_test.go
+++ b/staging/operator-lifecycle-manager/pkg/controller/operators/olm/operator_test.go
@@ -3923,9 +3923,10 @@ func TestUpdates(t *testing.T) {
 					simulateSuccessfulRollout(current, op.opClient)
 				}
 				for current.Status.Phase != e.whenIn.phase {
-					fmt.Printf("waiting for (when) %s to be %s\n", e.whenIn.name, e.whenIn.phase)
 					csvsToSync = syncCSVs(csvsToSync, deletedCSVs(e.shouldBe))
 					current = csvsToSync[e.whenIn.name]
+					fmt.Printf("waiting for (when) %s to be %s\n", e.whenIn.name, e.whenIn.phase)
+					time.Sleep(1 * time.Second)
 				}
 
 				// sync the other csvs until they're in the expected status
diff --git a/staging/operator-lifecycle-manager/test/e2e/magic_catalog.go b/staging/operator-lifecycle-manager/test/e2e/magic_catalog.go
index 983340b083..68bb5c3a5f 100644
--- a/staging/operator-lifecycle-manager/test/e2e/magic_catalog.go
+++ b/staging/operator-lifecycle-manager/test/e2e/magic_catalog.go
@@ -3,6 +3,7 @@ package e2e
 import (
 	"context"
 	"fmt"
+	"os"
 
 	operatorsv1alpha1 "github.com/operator-framework/api/pkg/operators/v1alpha1"
 	corev1 "k8s.io/api/core/v1"
@@ -257,12 +258,16 @@ func (c *MagicCatalog) makeCatalogSource() *operatorsv1alpha1.CatalogSource {
 func (c *MagicCatalog) makeCatalogSourcePod() *corev1.Pod {
 
 	const (
-		image                  = "quay.io/operator-framework/upstream-opm-builder"
 		readinessDelay  int32  = 5
 		livenessDelay   int32  = 10
 		volumeMountName string = "fbc-catalog"
 	)
 
+	var image = "quay.io/operator-framework/opm"
+	if os.Getenv("OPERATOR_REGISTRY_TAG") != "" {
+		image = fmt.Sprintf("quay.io/operator-framework/opm:%s", os.Getenv("OPERATOR_REGISTRY_TAG"))
+	}
+
 	return &corev1.Pod{
 		ObjectMeta: metav1.ObjectMeta{
 			Name:      c.podName,