Every county in the country is covered by someone selling Essentia, Uptain said. I realized I was pushing this thing uphill, and decided to scale back and take orders., In the meantime, he made the most out of his retirement. Bai Brands, which sweetens its drinks with antioxidant-laden fruit juices, sold to Dr Pepper Snapple Group in 2017 for $1.7 billion. Social media wall Unlike their sports drink predecessors, most are low in, or free of, sugar. This personal contact and word of mouth has become instrumental in growing the brand. May 07, 2020 11:31 AM Eastern Daylight Time. Founded by CEO Ken Uptain in 1998, Essentia was one of the earlier water drinks to claim special health benefits. Still, the upstart beverage space has become increasingly competitive. I think its pretty proven that having one-on-one contact with consumers is the best, most effective way to get the word out, Uptain explained of the technique. Founded by CEO Ken Uptain in 1998, Essentia was one of the earlier water drinks to claim special health benefits. Ken is related to Javette L Uptain and Joseph Perry Uptain as well as 3 additional people. Change, Not Compromise, Is The Way. He also spoke about his leadership style and the companys culture, why all potential employees have to pass Kens Good Guy Test, and the one thing hell never share with his team. Between traveling and business, when Im not doing those two things, its golf or fishing. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. Thats behind Southern California and New York. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. Alkaline water was gaining popularity in Japan and a handful of other countries around the globe, but it had not yet been introduced to the United States. And so Im always hearing that being very consistent is so important.. Who's Searching for You, Relatives, Associates, Neighbors & Classmates, Lawsuits, Liens or Bankruptcies found on Kenneth's All the wining and dining I did, and traveling, he said. And a Car. Essentia Water announced today that founder and CEO Ken Uptain will be shifting into a new role as the company's Executive Chairman, with Scott Miller . Uptain was hooked right away. From his time as manager of Justin Bieber and Asher Roth, to his part in acquiring Big Machine Records, to selling his own company for $1 billion, Braun has built one of the most impressive resumes in music. Overview Latest news Net worth summary Biography Relative value In the Beverages industry, Ken Uptain has 5,793 colleagues in 450 companies located in 70 countries. However, within about one year, he realized the U.S. market wasnt ready for his product. MyLife is NOT a Consumer Reporting Agency - You may NOT use this information to make decisions about consumer credit, employment, tenancy or any other purpose that would require FCRA compliance. I started drinking it, and I felt like this was such a quality product, and it made me feel so much better, Uptain said. A lot of people who go into business have visions of grandeur A lot of folks just need to manage those expectations and look at things from a little bit longer point of view. You have permission to edit this article. The Edmonds gathering celebrates women and diversity with this years theme, EmbraceEquity.. view. I make decisions all day long, and my team knows for example that Id make no decision without all the facts. Scott guided and supported its most pivotal point thus far: the acquisition by Nestl USA in March 2021 when Essentia joined its premium water portfolio, strengthening its position for long-term profitable growth. below. He decided to let the company incubate until the market was ready. to see possibly who they are and full class lists found from school records and public sources. Were all encouraged to be Owners in our respective areas and disciplines; and not only have I become a subject matter expert, but I can also confidently speak to it. Essentias premium ionized alkaline water, known for its clean smooth taste, can be found in more than 90,000 retail locations across the U.S., as well as online retailers. Today, there are 52 employees located throughout the country, with plans to hire an additional 15 more this year. 2023 CNBC LLC. He was impressed by the pH level that Essentia Water achieved, and reached out to Uptain in 1998 to get involved. I just love this area.. Kenneth Uptain - Director of Technology and Business Integration - Gothams | LinkedIn Kenneth Uptain Solving Hard Problems with Technology | Lifetime Learner Austin, Texas Metropolitan Area 459. At one point I was a construction worker who drank water right out of a garden hose. 2:10: Interview: Ken Uptain, Founder/CEO, Esssentia BevNET Managing Editor Ray Latif sat down with Uptain who discussed his journey from real estate developer to bottled water entrepreneur. His deep-rooted knowledge of the beverage space and experience in leading brands through domestic and international expansion while emphasizing culture as a force for good, position him to be a strong leader for Essentia as it enters into a new decade of growth and leadership as a premium water brand. Live market coverage co-anchored from Hong Kong and New York. One day, a friend brought me a sample of ionized water. Martn Caballero May. Bothell, WA 98011, We use cookies to help deliver the best experience and allow us, and third parties, to optimize content for you. Essentia water is currently available in every state in the United States. Uptain wasnt expecting that degree of local popularity. When founder Ken Uptain was first introduced to alkaline water and the ionization technology developed in Japan, he felt an immediate benefit on his body. The ones I see stay in business and be successful, manage them. The entire team is so passionate, talented, and full of positive energy that you are motivated to bring your best!, Chris Daniels Digital Marketing Manager, For me, Essentia continues to be a tremendous environment for professional development, and an unexpected space for personal growth. Premium water company Essentia has hired an investment bank to run an auction for the company, sources familiar with the matter told CNBC, and it could fetch $500 million or more in a sale. Ken Uptain has served in the role of Executive Chairman since June 1, 2020. This may contain information such as company name, job title, address, and time period of service. Join Facebook to connect with Kenneth Uptain and others you may know. The leadership changes will take effect June 1, 2020. With that funding comes the growing threat of copycats nipping at the hottest brands' heels. Uptain explained why he incubated Essentia for years before pressing the gas on retail and distribution in 2012, and why the development of direct store distribution network has been critical to its success. I met with experts locally and globally, including Dr. Hanaoka in Japan who discussed with me his research and thoughts on the rehydration potential of ionized water. KeVita, a kombucha drink that claims to improve digestive health, sold to PespiCo in 2016 for an undisclosed amount. My health wasnt good.. [emailprotected]com. Other brands hes worked with include PEPSI, Snapple, Gatorade and Dr. Pepper, among several others. Founders Founder and CEO Ken Uptain Essentia We all start somewhere. And were starting to get talked about a lot.. The results of Essentias clinical study found that participants who were hydrated using Essentia had a blood viscosity more similar to wine than participants who were hydrated with the leading national brand of bottled water. Since 1998, Ken has managed the vision and top-level business side of Essentia Water. In an interview included in this episode, he says that he continues to run the company the same way he has for years, leading via delegation, trust and instinct. Ken Uptain 23 Ratings Your trust is our top concern, so companies can't alter or remove reviews. Ken has blazed an amazing trail over the years, building Essentia into a brand that consumers love and identify with in their everyday lives that can be seen through its quarter-over-quarter, year-over-year momentum. As far as production, Essentia outsources the work to three bottled beverage co-packers, one each in California, Texas and New Jersey, and is actively seeking additional plant capacity in the Pacific Northwest and the southeast U.S. View the profiles of people named Kenneth Uptain. Yes, Investors Love Healthy Brands. Uptain has conducted clinical studies to help prove the benefits alkaline water provides to consumers, specifically in terms of blood viscosity. Newton, MA 02462, (617) 630-2400 The company has grown to the point where it needs more structure than Uptain, who identifies as an entrepreneur, could provide. The change is effective June 1. 2. As hed expected, widening public perception and popular health trends made the American market more receptive to an alternative bottled water. Most We Can Answer. The water didnt sparkle or contain any exotic flavors. to see possible education history including where and when they attending high school and college, and a complete list of his high school class list. Musks TeslaMaster Plan Lacks Drive. I have always envisioned Essentia to be a global company and I believe we can be a $1 Billion brand. The decision closes a long chapter for the Seattle-based ionized alkaline water brand, with Uptain, the companys owner, having risen as an early pioneer in the space to a category leader, generating $286 million in measured retail sales last year. A more adventurous consumer led to a boost in popularity of alkaline water, artisan-well water, mineral water and sparkling water. Markets never sleep, and neither does Bloomberg. The second best result is Kenneth Michael Uptain age 30s in Weatherford, TX. Courtesy Of MN Custom Homes Read moreHome of the Month. The company is working with Credit Suisse for the sale, the people said. Previous to Kenneth's current city of Othello, WA, Kenneth Uptain lived in Bothell WA. IonQ says quantum computing systems are key to addressing climate change, energy and transportation. Subscribe to our newsletter for access to exclusive content, giveaways and more. The companys time had arrived and in early 2020, Ken appointed beverage industry veteran, Scott Miller as the companys Chief Executive Officer to lead Essentia through its next major growth stage and brand evolution.
Lessons From a CEO: Ken Uptain of Essentia, s a consumer, there are countless options when it comes to choosing bottled water: glacial, spring, mineral, sparkling, flavored, etc. Identifying Next-Gen Prime Time Brands. Because MyLife only collects this data and does not create it, we cannot fully guarantee its accuracy. Seattle has become the third largest market for Essentia, which has headquarters at 22833 Bothell Everett Highway, Suite. The colleagues of Ken Uptain. I dont think I would live anywhere but the Seattle market, he said. I know we watch all the numbers and weve done really well, he said, acknowledging that a slowdown in May and June after a period of stocking up. BevNET Live Summer 2018 Video: Ken Uptain Talks Essentia Culture, Leadership and Growth, Lessons From a CEO: Ken Uptain of Essentia. What Could Elon Musk Possibly Be Thinking? Brand ambassadors, who attend marathons and health events, introduce potential customers to the product. Continuity is really critical for the team. Listen to our full conversation with Uptain, who discussed the genesis and development of Essentia, including the impact of a major brand revamp, and why timing has been so critical to its success. Learn More. I couldnt believe how good it made me feel, Uptain said. The people I see go out of business, never manage their expectations. to see possible family members, friends, co-workers, and associates found from multiple government records, social and public sources. Since 1998, Ken has managed the vision and top-level business side of Essentia Water. Petrobras Payout Rewards Investors Who Ignored Lula Risk, China Developers Vanke, Poly to Issue Shares as Market Thaws, Mexico Central Bank Cuts GDP Forecasts With Key Rate at Record 11%, Feds Bostic Urges 5% to 5.25% Rates Into 2024 to Curb Inflation, Mexico Could Consider Slowing Pace of Rate Hikes, Banxico Deputy Mejia Says, A Stock Traders Guide to Chinas National Peoples Congress, Vietnams VinFast Delivers First EVsto US Customers, Waymo Cuts Jobs as Parent Company Alphabet Focuses on AI, Tesla Taking Page from Mobile Plans With Home Charging for $30, Asias Richest Man Mukesh Ambani to Foray Into Genome Testing with $145 Kit, Boris Johnsons Comeback Dreams Shattered by Sunaks Brexit Win, Japan Tries Everything From Tax Breaks to Shaming to Raise Pay, Singapore Wealth Firm Sees Rapid Growth Catering to Rich Families, BillionaireFamily Down $730 Million in Brazil Health Providers Stock Rout, Murdochs Fawning Letter to FIFA Chief Disclosed in World Cup Bribery Case, This Starbucks VP Turned Caribbean Rum Distiller Is the Anti-Captain Morgan. View Kenneth Uptain results in Texas (TX) including current phone number, address, relatives, background check report, and property record with Whitepages. Sign up for free newsletters and get more CNBC delivered to your inbox. 7 Rumors and Controversies. Learn more in our Privacy Policy. Lived In Fort Worth TX, North Richland Hills TX. I met with experts locally and globally, including Dr. Hanaoka in Japan who discussed with me his research and thoughts on the rehydration potential of ionized water. Neal Estano is a meteorologist who works at WNYT, a television station in Albany, New York. kmechling@essentiawater.com For example, a dehydrated persons blood viscosity may appear similar to that of ketchup, whereas the blood of a hydrated person is more like wine. I think its important never to lose that, he said. . Finally, I was ready to bring Essentia Water (and my own proprietary ionization process) to the mainstream, never compromising my commitment to quality or my desire to help people feel their best. # 42 Ken Griffin $30.2B Random fact: Gained 20 pounds after his funds lost $9 billion in 2008. Im not quick to make a decision until I really digest and think it through.. Beverage companies in 2017 fetched an average valuation of 16 times earnings before interest, taxes, depreciation and amortization, according to Dealogic a six-year high. Miller steps into his new role at Essentia after a 15 year run at the helm of Chicago-based Tampico Beverages, which markets a variety of shelf-stable fruit punch drinks, iced teas, concentrates and gelatin snacks in over 50 countries worldwide. Hed been introduced to alkaline water, which is specially filtered and formulated to improve pH. At Essentia, we believe a better you starts with a better water. (Podcast). BOTHELL In 1997, Ken Uptain was handed a bottle of water that changed his life. Essentia hires Credit Suisse to lead a sale of the company. Copyright 2023 Stride Consumer Partners. How can you not be energized when your company makes the worlds best ionized alkaline water? For information on sponsored posts, advertising, or our content in general, email articles@usabusinessradio.net. Ken Todd, born Kenneth Todd, is a retired English footballer who scored 11 goals in 52 games . For other inquiries email BMuyco@usabusinessradio.net. View court, arrest, criminal/conviction
As a consumer, there are countless options when it comes to choosing bottled water: glacial, spring, mineral, sparkling, flavored, etc. Lots Of Questions. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 1. Although Uptain is thrilled with Essentias success, he doesnt seem surprised. " " (in 5 reviews) "Absolutely no HR, horrendous management that would rather fire everybody who's been loyal to the company and exceptionally hardworking than admit hiring mistakes." (in 4 reviews) See more pros and cons And while we all start somewhere, with Essentia theres no limit to where we can go. to see possibly who they are and full class lists found from school records and public sources. Its something that I know has been Kens vision, that being an entrepreneur means acting quickly and we have to continue that legacy and be strategic as we move forward. Today, Im proud to say that Essentia Water is available in grocery and convenience stores throughout the country. Essentia is the latest upstart beverage brand to put itself up for sale, hoping to take advantage of the big prices large corporations have been willing to shell out for growth they can't create on their own. businesses, and does affect the Reputation Score. Three Executive Park Drive, Suite 304
He saw an opportunity and quickly developed the brand Essentia. By 2017, Essentia water, fueled by a passionate following of loyal consumers, became the top selling premium bottled water brand and #1 ionized alkaline water brand in the natural foods retail channel! Essentia Water The success of Essentia is in the science. And it all started with one idea. 332 Congress Street, 5th Floor
He will keep the family culture of Essentia that we have today, he said. Track your investments 24 hours a day, around the clock from around the world. A longtime supporter of Housing Hope, Lamoureux helped launch the Windermere Foundation Golf Tournament. Though it took patience, Uptain said he never lost faith. This product is one where we take municipal water, we purify it, clean it, and make a product thats faster hydrating than any other.. "My health wasn't good." In recent years, however, a new bottled water category has emerged: alkaline water, and its a segment within the market that Bothell-based, Harvest Mixed-Use Development to Launch Retail Hub in Woodinville, Beam Me Up, Bellevue: Crews Top Out 25-Story Office Tower, The Artise, UW Bothell and Bellevue College Are Collaborating on New Program Offerings, NIH Selects Issaquah Company to Showcase Habit-Coaching System, Bensussen Deutsch & Associates Appoints Martin as Chief Experience Officer. Background, Court records found on Kenneth's Family, Uptain also shared his perspective that a healthy culture provides the foundation for a successful company and why rewarding employees will always be part of his mantra. Overnight on Wall Street is daytime in Asia. The Remedy For Modern Brands? Companies similar to Essentia are often valued at four to six times revenue, said people familiar with the business. The son of a contractor and a graduate of Bothell High School, Uptain chose to bypass college, knowing that a career in construction would be part of his future. A type of treated, purified water that uses an electric current to separate acidic ions from alkaline ions, it is believed to provide a variety of health benefits. The founder of Black Forest Mushrooms plans to grow gourmet mushrooms locally, reducing their carbon footprint. When founder Ken Uptain was first introduced to alkaline water and the ionization technology developed in Japan, he felt an immediate benefit on his body. records, Lawsuits, Liens, Bankruptcies & sex offender status for Kenneth Uptain. In 2008, Uptain crept back out of his semi-retirement. He brings deep-rooted knowledge of the beverage space and experience in leading brands through domestic and international expansion while emphasizing culture as a force for good, according to the release. He never lost faith in the product or the public coming around. See
138: How Essentias Ken Uptain Went From Semi-Retired to Stunning Success, Listen to our full conversation with Uptain, who discussed the genesis and development of Essentia, including the impact of a major brand revamp, and why timing has been so critical to its success. Every day I am excited to wake up and start the workday. After 22 years running the company, Uptain said he found himself slowing down, but also reevaluating how he can best support Essentias growth. I think this will be a billion dollar brand and I think we need somebody to come in to help it get there, he said. This is a Company that truly celebrates, uplifts, and gives a voice to the underdog!, 18911 North Creek Parkway, Ste. 220. Building that relationship is part of Uptains personal philosophy. We like to walk the talk. The first ionized alkaline bottled water offered in the United States, Essentias philosophy is that a better you starts with a better water. In addition to growth, Uptain repeatedly returned to the subject of company culture in discussing Millers appointment. Birth, Age, Ethnicity, Nationality. 7, 2020 at 3:00 pm. So much so that I retired from being semi-retired and started learning everything I could about ionization. Scott Miller brings over 30 years of experience in the beverage industry to Essentia, currently serving as the CEO of Tampico Beverages, Inc., a global brand with products sold in 50 countries across the globe. This personal experience ignited his interest to bring the product to consumers in the United States and subsequently acquire the rights to use the proprietary technology. 2:10: Interview: Ken Uptain, Founder/CEO, Esssentia BevNET Managing Editor Ray Latif sat down with Uptain who discussed his journey from real estate developer to bottled water entrepreneur. At one point I was a construction worker who drank water right out of a garden hose. Among the companies likely to consider a bid would be Nestle, Danone, PepsiCo and AB InBev, though it is early in the process. Over the next 10 years, a small team of employees took orders and provided customer support. I decided that this water really had a place in the market.. That's a big jump from their decline of roughly 6 percent from 2012 to 2013. . Bothells Essentia Water founder and CEO Ken Uptain said he expected the American market more receptive to an alternative bottled water. Why The Primal Plan Focus On The Basics And Your Why Works. Sometimes Kenneth goes by various nicknames including Kenneth Ptain, Kenneth Lynn Uptain, Ken Lynn Uptain, Ken Uptain and Kenneth Lynn Uptain. A Division of NBCUniversal. 2023, Everett Herald and Sound Publishing, Inc. Advertising in The Herald Business Journal, Women business owners in Snohomish, Island counties make their mark, Edmonds International Womens Day takes place Saturday, Malicious Women Co: She turned Crock-Pot candles into a sassy venture, Drawing interest: Twin sisters never gave up on making their mark, The Wool Wagon to hit the streets of Whidbey Island, With 747 out, Boeing to open new 737 Max line at Everetts Paine Field, Quantum computing firm IonQ to open Bothell R&D center, Growing green mushrooms in downtown Everett, Barb Lamoureux, North Everetts Real Estate Agent retires, By Megan Brown For The Herald Business Journal, You can tell us about news and ask us about our journalism by emailing, If you have an opinion you wish to share for publication, send a letter to the editor to. They have also lived in Clearfield, UT and Salt Lake City, UT. It surprises me because we havent done any marketing here in Seattle. This site is protected by reCAPTCHA Enterprise and the Google, Believe+ Corporate Social Responsibility Platform. This personal experience ignited his interest to bring the product to consumers in the United States and subsequently acquire the rights to use the proprietary technology. 47 times
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We dont overpromise and underdeliver as a company. 310.775.7635 (mobile), Ashley Short The brand has roughly $100 million in annual sales and could attract interest from large consumer companies like Pepsi or Nestle. See
At the time, it was only for investment purposes, but I quickly realized that drinking it made me feel better. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Meet the founders behind the hottest new brands. By age 22, he had saved up enough money to start his own construction company, and less than 15 years later found himself as the CEO of a successful, international, publicly traded real estate firm. At Essentia Water, Ken Uptain has 7 colleagues including Ashley Keller (Digital Marketing), Brian Hawkins (Finance) . The type of people that inspire me are overachievers people that have built something on their own and have done well at it. Find Ken Uptain's phone number, address, and email on Spokeo, the leading online directory for contact information. At Essentia, we believe a better you starts with a better water. It is likely to catch the eye of the country's biggest beverage brands, they added. * The other websites referenced on this site are owned and operated by their respective companies, and the associated trademarks and logos are the property of those companies. I also worked with different companies to ensure that our process could be used on any water source, anywhere around the world. 150, Global Business and Financial News, Stock Quotes, and Market Data and Analysis. I felt burnt out, he said. Check Full Reputation Profile
Facebook gives people the power. MEDIA CONTACT: When I launched the brand in June of 1998, within a year I realized that the product was ahead of its time, and that the consumer wasnt ready for a product like ours, Uptain said. Headquartered in Bothell, WA, Essentia Water, LLC pioneered ionized alkaline water in 1998 and is known for its unique ionization process. Lynnwood sisters, Kelly and Nichole Matthews, got their big break a decade ago and now draw comics full time. MyLife aggregates publicly available information from government, social, and other sources, plus personal reviews written by others. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. Ashley.Short@porternovelli.com The water brand, which has a proprietary ionization process it claims provides better hydration, has roughly $100 million in revenue, the people said. Todays bottled water brands need to satisfy taste buds to attain loyal customers. I make a point not to change, said Uptain. I am fully confident that Scott, who is a seasoned CEO in the food and beverage industry, has the strong experience and track record to achieve this vision and lead the company into its next big growth stage, Uptain said in a press release. In response to this upswing, PepsiCo last year launched premium water brand Lifewtr. Miller said he is looking forward to returning to his roots in DSD, he said, having spent his career on the customer relationship side of the business. After two decades on the market, Essentia has developed into a premier bottled water brand that is nearing $180 million in annual retail sales, numbers that have attracted rumors of a potentially colossal exit. Our mission is to improve lives through Essentia Hydration and inspire people everywhere to do the things that matter most to them. 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