diff --git a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/Operator.java b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/Operator.java
index 12437155e9..b7c2f5e108 100644
--- a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/Operator.java
+++ b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/Operator.java
@@ -132,11 +132,14 @@ public void stop() throws OperatorException {
     log.info(
         "Operator SDK {} is shutting down...", configurationService.getVersion().getSdkVersion());
     controllerManager.stop();
+
     ExecutorServiceManager.stop();
     leaderElectionManager.stop();
     if (configurationService.closeClientOnStop()) {
       kubernetesClient.close();
     }
+
+    started = false;
   }
 
   /**
diff --git a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/EventProcessor.java b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/EventProcessor.java
index 59962e39f1..a75f51f981 100644
--- a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/EventProcessor.java
+++ b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/EventProcessor.java
@@ -5,14 +5,12 @@
 import java.util.Map;
 import java.util.Optional;
 import java.util.concurrent.ExecutorService;
-import java.util.concurrent.ScheduledThreadPoolExecutor;
 
 import org.slf4j.Logger;
 import org.slf4j.LoggerFactory;
 
 import io.fabric8.kubernetes.api.model.HasMetadata;
 import io.javaoperatorsdk.operator.OperatorException;
-import io.javaoperatorsdk.operator.api.config.ConfigurationService;
 import io.javaoperatorsdk.operator.api.config.ConfigurationServiceProvider;
 import io.javaoperatorsdk.operator.api.config.ControllerConfiguration;
 import io.javaoperatorsdk.operator.api.config.ExecutorServiceManager;
@@ -40,20 +38,18 @@ public class EventProcessor<P extends HasMetadata> implements EventHandler, Life
   private final ControllerConfiguration<?> controllerConfiguration;
   private final ReconciliationDispatcher<P> reconciliationDispatcher;
   private final Retry retry;
-  private final ExecutorService executor;
   private final Metrics metrics;
   private final Cache<P> cache;
   private final EventSourceManager<P> eventSourceManager;
   private final RateLimiter<? extends RateLimitState> rateLimiter;
   private final ResourceStateManager resourceStateManager = new ResourceStateManager();
   private final Map<String, Object> metricsMetadata;
-
+  private ExecutorService executor;
 
   public EventProcessor(EventSourceManager<P> eventSourceManager) {
     this(
         eventSourceManager.getController().getConfiguration(),
         eventSourceManager.getControllerResourceEventSource(),
-        ExecutorServiceManager.instance().executorService(),
         new ReconciliationDispatcher<>(eventSourceManager.getController()),
         ConfigurationServiceProvider.instance().getMetrics(),
         eventSourceManager);
@@ -68,7 +64,6 @@ public EventProcessor(EventSourceManager<P> eventSourceManager) {
     this(
         controllerConfiguration,
         eventSourceManager.getControllerResourceEventSource(),
-        null,
         reconciliationDispatcher,
         metrics,
         eventSourceManager);
@@ -78,17 +73,11 @@ public EventProcessor(EventSourceManager<P> eventSourceManager) {
   private EventProcessor(
       ControllerConfiguration controllerConfiguration,
       Cache<P> cache,
-      ExecutorService executor,
       ReconciliationDispatcher<P> reconciliationDispatcher,
       Metrics metrics,
       EventSourceManager<P> eventSourceManager) {
     this.controllerConfiguration = controllerConfiguration;
     this.running = false;
-    this.executor =
-        executor == null
-            ? new ScheduledThreadPoolExecutor(
-                ConfigurationService.DEFAULT_RECONCILIATION_THREADS_NUMBER)
-            : executor;
     this.reconciliationDispatcher = reconciliationDispatcher;
     this.retry = controllerConfiguration.getRetry();
     this.cache = cache;
@@ -376,6 +365,8 @@ public synchronized void stop() {
 
   @Override
   public void start() throws OperatorException {
+    // on restart new executor service is created and needs to be set here
+    executor = ExecutorServiceManager.instance().executorService();
     this.running = true;
     handleAlreadyMarkedEvents();
   }
@@ -424,7 +415,8 @@ public void run() {
 
     @Override
     public String toString() {
-      return controllerName() + " -> " + executionScope;
+      return controllerName() + " -> "
+          + (executionScope.getResource() != null ? executionScope : resourceID);
     }
   }
 
diff --git a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/EventSourceManager.java b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/EventSourceManager.java
index 6a6aae471a..be412dcd68 100644
--- a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/EventSourceManager.java
+++ b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/EventSourceManager.java
@@ -97,7 +97,6 @@ public synchronized void stop() {
         eventSources.additionalNamedEventSources(),
         this::stopEventSource,
         getThreadNamer("stop"));
-    eventSources.clear();
   }
 
   @SuppressWarnings("rawtypes")
diff --git a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/InformerManager.java b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/InformerManager.java
index c6636a4a5d..50ad1d6567 100644
--- a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/InformerManager.java
+++ b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/InformerManager.java
@@ -41,24 +41,31 @@ public class InformerManager<T extends HasMetadata, C extends ResourceConfigurat
 
   private final Map<String, InformerWrapper<T>> sources = new ConcurrentHashMap<>();
   private Cloner cloner;
-  private C configuration;
-  private MixedOperation<T, KubernetesResourceList<T>, Resource<T>> client;
-  private ResourceEventHandler<T> eventHandler;
+  private final C configuration;
+  private final MixedOperation<T, KubernetesResourceList<T>, Resource<T>> client;
+  private final ResourceEventHandler<T> eventHandler;
   private final Map<String, Function<T, List<String>>> indexers = new HashMap<>();
 
+  public InformerManager(MixedOperation<T, KubernetesResourceList<T>, Resource<T>> client,
+      C configuration,
+      ResourceEventHandler<T> eventHandler) {
+    this.client = client;
+    this.configuration = configuration;
+    this.eventHandler = eventHandler;
+  }
+
   @Override
   public void start() throws OperatorException {
+    initSources();
     // make sure informers are all started before proceeding further
     sources.values().parallelStream().forEach(InformerWrapper::start);
   }
 
-  void initSources(MixedOperation<T, KubernetesResourceList<T>, Resource<T>> client,
-      C configuration, ResourceEventHandler<T> eventHandler) {
+  private void initSources() {
+    if (!sources.isEmpty()) {
+      throw new IllegalStateException("Some sources already initialized.");
+    }
     cloner = ConfigurationServiceProvider.instance().getResourceCloner();
-    this.configuration = configuration;
-    this.client = client;
-    this.eventHandler = eventHandler;
-
     final var targetNamespaces = configuration.getEffectiveNamespaces();
     if (ResourceConfiguration.allNamespacesWatched(targetNamespaces)) {
       var source = createEventSourceForNamespace(WATCH_ALL_NAMESPACES);
@@ -86,7 +93,6 @@ public void changeNamespaces(Set<String> namespaces) {
     namespaces.forEach(ns -> {
       if (!sources.containsKey(ns)) {
         final InformerWrapper<T> source = createEventSourceForNamespace(ns);
-        source.addIndexers(this.indexers);
         source.start();
         log.debug("Registered new {} -> {} for namespace: {}", this, source,
             ns);
@@ -106,6 +112,7 @@ private InformerWrapper<T> createEventSourceForNamespace(String namespace) {
           client.inNamespace(namespace).withLabelSelector(configuration.getLabelSelector()),
           eventHandler, namespace);
     }
+    source.addIndexers(indexers);
     return source;
   }
 
@@ -130,6 +137,7 @@ public void stop() {
         log.warn("Error stopping informer for namespace: {} -> {}", ns, source, e);
       }
     });
+    sources.clear();
   }
 
   @Override
@@ -177,7 +185,6 @@ private Optional<InformerWrapper<T>> getSource(String namespace) {
   @Override
   public void addIndexers(Map<String, Function<T, List<String>>> indexers) {
     this.indexers.putAll(indexers);
-    sources.values().forEach(s -> s.addIndexers(indexers));
   }
 
   @Override
diff --git a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/ManagedInformerEventSource.java b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/ManagedInformerEventSource.java
index 3e7400b90f..d4fed3b816 100644
--- a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/ManagedInformerEventSource.java
+++ b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/ManagedInformerEventSource.java
@@ -37,14 +37,14 @@ public abstract class ManagedInformerEventSource<R extends HasMetadata, P extend
   private static final Logger log = LoggerFactory.getLogger(ManagedInformerEventSource.class);
 
   protected TemporaryResourceCache<R> temporaryResourceCache;
-  protected InformerManager<R, C> cache = new InformerManager<>();
+  protected InformerManager<R, C> cache;
   protected C configuration;
 
   protected ManagedInformerEventSource(
       MixedOperation<R, KubernetesResourceList<R>, Resource<R>> client, C configuration) {
     super(configuration.getResourceClass());
     temporaryResourceCache = new TemporaryResourceCache<>(this);
-    manager().initSources(client, configuration, this);
+    cache = new InformerManager<>(client, configuration, this);
     this.configuration = configuration;
   }
 
diff --git a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/timer/TimerEventSource.java b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/timer/TimerEventSource.java
index f22400453a..fe641e0b0b 100644
--- a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/timer/TimerEventSource.java
+++ b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/timer/TimerEventSource.java
@@ -4,7 +4,6 @@
 import java.util.Timer;
 import java.util.TimerTask;
 import java.util.concurrent.ConcurrentHashMap;
-import java.util.concurrent.atomic.AtomicBoolean;
 
 import org.slf4j.Logger;
 import org.slf4j.LoggerFactory;
@@ -20,16 +19,16 @@ public class TimerEventSource<R extends HasMetadata>
     implements ResourceEventAware<R> {
   private static final Logger log = LoggerFactory.getLogger(TimerEventSource.class);
 
-  private final Timer timer = new Timer(true);
-  private final AtomicBoolean running = new AtomicBoolean();
+  private Timer timer;
   private final Map<ResourceID, EventProducerTimeTask> onceTasks = new ConcurrentHashMap<>();
 
+  @SuppressWarnings("unused")
   public void scheduleOnce(R resource, long delay) {
     scheduleOnce(ResourceID.fromResource(resource), delay);
   }
 
   public void scheduleOnce(ResourceID resourceID, long delay) {
-    if (!running.get()) {
+    if (!isRunning()) {
       throw new IllegalStateException("The TimerEventSource is not running");
     }
 
@@ -55,14 +54,19 @@ public void cancelOnceSchedule(ResourceID customResourceUid) {
 
   @Override
   public void start() {
-    running.set(true);
+    if (!isRunning()) {
+      super.start();
+      timer = new Timer(true);
+    }
   }
 
   @Override
   public void stop() {
-    running.set(false);
-    onceTasks.keySet().forEach(this::cancelOnceSchedule);
-    timer.cancel();
+    if (isRunning()) {
+      onceTasks.keySet().forEach(this::cancelOnceSchedule);
+      timer.cancel();
+      super.stop();
+    }
   }
 
   public class EventProducerTimeTask extends TimerTask {
@@ -75,7 +79,7 @@ public EventProducerTimeTask(ResourceID customResourceUid) {
 
     @Override
     public void run() {
-      if (running.get()) {
+      if (isRunning()) {
         log.debug("Producing event for custom resource id: {}", customResourceUid);
         getEventHandler().handleEvent(new Event(customResourceUid));
       }
diff --git a/operator-framework/src/test/java/io/javaoperatorsdk/operator/OperatorRestartIT.java b/operator-framework/src/test/java/io/javaoperatorsdk/operator/OperatorRestartIT.java
new file mode 100644
index 0000000000..45b88a126b
--- /dev/null
+++ b/operator-framework/src/test/java/io/javaoperatorsdk/operator/OperatorRestartIT.java
@@ -0,0 +1,63 @@
+package io.javaoperatorsdk.operator;
+
+import org.junit.jupiter.api.AfterEach;
+import org.junit.jupiter.api.BeforeAll;
+import org.junit.jupiter.api.BeforeEach;
+import org.junit.jupiter.api.Order;
+import org.junit.jupiter.api.Test;
+
+import io.fabric8.kubernetes.api.model.ObjectMetaBuilder;
+import io.fabric8.kubernetes.client.KubernetesClient;
+import io.fabric8.kubernetes.client.KubernetesClientBuilder;
+import io.javaoperatorsdk.operator.junit.LocallyRunOperatorExtension;
+import io.javaoperatorsdk.operator.sample.restart.RestartTestCustomResource;
+import io.javaoperatorsdk.operator.sample.restart.RestartTestReconciler;
+
+import static org.assertj.core.api.Assertions.assertThat;
+import static org.awaitility.Awaitility.await;
+
+class OperatorRestartIT {
+  private final static KubernetesClient client = new KubernetesClientBuilder().build();
+  private final static Operator operator = new Operator(o -> o.withCloseClientOnStop(false));
+  private final static RestartTestReconciler reconciler = new RestartTestReconciler();
+  private static int reconcileNumberBeforeStop = 0;
+
+  @BeforeAll
+  static void registerReconciler() {
+    LocallyRunOperatorExtension.applyCrd(RestartTestCustomResource.class, client);
+    operator.register(reconciler);
+  }
+
+  @BeforeEach
+  void startOperator() {
+    operator.start();
+  }
+
+  @AfterEach
+  void stopOperator() {
+    operator.stop();
+  }
+
+  @Test
+  @Order(1)
+  void createResource() {
+    client.resource(testCustomResource()).createOrReplace();
+    await().untilAsserted(() -> assertThat(reconciler.getNumberOfExecutions()).isGreaterThan(0));
+    reconcileNumberBeforeStop = reconciler.getNumberOfExecutions();
+  }
+
+  @Test
+  @Order(2)
+  void reconcile() {
+    await().untilAsserted(() -> assertThat(reconciler.getNumberOfExecutions())
+        .isGreaterThan(reconcileNumberBeforeStop));
+  }
+
+  RestartTestCustomResource testCustomResource() {
+    RestartTestCustomResource cr = new RestartTestCustomResource();
+    cr.setMetadata(new ObjectMetaBuilder()
+        .withName("test1")
+        .build());
+    return cr;
+  }
+}
diff --git a/operator-framework/src/test/java/io/javaoperatorsdk/operator/sample/restart/ConfigMapDependentResource.java b/operator-framework/src/test/java/io/javaoperatorsdk/operator/sample/restart/ConfigMapDependentResource.java
new file mode 100644
index 0000000000..edb4e2baff
--- /dev/null
+++ b/operator-framework/src/test/java/io/javaoperatorsdk/operator/sample/restart/ConfigMapDependentResource.java
@@ -0,0 +1,35 @@
+package io.javaoperatorsdk.operator.sample.restart;
+
+import java.util.Map;
+
+import io.fabric8.kubernetes.api.model.ConfigMap;
+import io.fabric8.kubernetes.api.model.ConfigMapBuilder;
+import io.fabric8.kubernetes.api.model.ObjectMetaBuilder;
+import io.javaoperatorsdk.operator.api.reconciler.Context;
+import io.javaoperatorsdk.operator.processing.dependent.kubernetes.CRUDKubernetesDependentResource;
+import io.javaoperatorsdk.operator.processing.dependent.kubernetes.KubernetesDependent;
+
+@KubernetesDependent(labelSelector = "app=restart-test")
+public class ConfigMapDependentResource
+    extends CRUDKubernetesDependentResource<ConfigMap, RestartTestCustomResource> {
+
+  public static final String DATA_KEY = "key";
+
+  public ConfigMapDependentResource() {
+    super(ConfigMap.class);
+  }
+
+  @Override
+  protected ConfigMap desired(RestartTestCustomResource primary,
+      Context<RestartTestCustomResource> context) {
+    return new ConfigMapBuilder()
+        .withMetadata(new ObjectMetaBuilder()
+            .withLabels(Map.of("app", "restart-test"))
+            .withName(primary.getMetadata().getName())
+            .withNamespace(primary.getMetadata().getNamespace())
+            .build())
+        .withData(Map.of(DATA_KEY, primary.getMetadata().getName()))
+        .build();
+
+  }
+}
diff --git a/operator-framework/src/test/java/io/javaoperatorsdk/operator/sample/restart/RestartTestCustomResource.java b/operator-framework/src/test/java/io/javaoperatorsdk/operator/sample/restart/RestartTestCustomResource.java
new file mode 100644
index 0000000000..a3bcd31053
--- /dev/null
+++ b/operator-framework/src/test/java/io/javaoperatorsdk/operator/sample/restart/RestartTestCustomResource.java
@@ -0,0 +1,15 @@
+package io.javaoperatorsdk.operator.sample.restart;
+
+import io.fabric8.kubernetes.api.model.Namespaced;
+import io.fabric8.kubernetes.client.CustomResource;
+import io.fabric8.kubernetes.model.annotation.Group;
+import io.fabric8.kubernetes.model.annotation.ShortNames;
+import io.fabric8.kubernetes.model.annotation.Version;
+
+@Group("sample.javaoperatorsdk")
+@Version("v1")
+@ShortNames("rt")
+public class RestartTestCustomResource
+    extends CustomResource<Void, Void>
+    implements Namespaced {
+}
diff --git a/operator-framework/src/test/java/io/javaoperatorsdk/operator/sample/restart/RestartTestReconciler.java b/operator-framework/src/test/java/io/javaoperatorsdk/operator/sample/restart/RestartTestReconciler.java
new file mode 100644
index 0000000000..decd9b597b
--- /dev/null
+++ b/operator-framework/src/test/java/io/javaoperatorsdk/operator/sample/restart/RestartTestReconciler.java
@@ -0,0 +1,31 @@
+package io.javaoperatorsdk.operator.sample.restart;
+
+import java.util.concurrent.atomic.AtomicInteger;
+
+import io.javaoperatorsdk.operator.api.reconciler.Context;
+import io.javaoperatorsdk.operator.api.reconciler.ControllerConfiguration;
+import io.javaoperatorsdk.operator.api.reconciler.Reconciler;
+import io.javaoperatorsdk.operator.api.reconciler.UpdateControl;
+import io.javaoperatorsdk.operator.api.reconciler.dependent.Dependent;
+import io.javaoperatorsdk.operator.support.TestExecutionInfoProvider;
+
+@ControllerConfiguration(
+    dependents = @Dependent(type = ConfigMapDependentResource.class))
+public class RestartTestReconciler
+    implements Reconciler<RestartTestCustomResource>, TestExecutionInfoProvider {
+
+  private final AtomicInteger numberOfExecutions = new AtomicInteger(0);
+
+  @Override
+  public UpdateControl<RestartTestCustomResource> reconcile(
+      RestartTestCustomResource resource,
+      Context<RestartTestCustomResource> context) {
+    numberOfExecutions.addAndGet(1);
+    return UpdateControl.noUpdate();
+  }
+
+  public int getNumberOfExecutions() {
+    return numberOfExecutions.get();
+  }
+
+}